Park City, UT January 2024 Local Real Estate Market Update

🏡📊 Attention Buyers and Sellers in Summit County, Utah! 🗓️ December 2023 is bringing some exciting market trends to the table! As your trusted REALTOR®, Laurie Allen-Macaluso, I'm here to provide you with all the latest updates. Let's dive in! 💪
📉 Inventory Update 📈
Did you know that Summit County currently has a 5.41 Months Supply of Inventory? That means there's a balanced market for both buyers and sellers. And guess what? Over the last 12 months, the Months Supply of Inventory has decreased by a significant 5.58%! 🏢📉
💰💼 List to Sold Price 💵🏠
Attention Sellers! When it comes to selling your property, you want to make sure you're getting the best value. Good news! The List to Sold Price percentage in Summit County is at an impressive 96.5%. This means sellers are receiving close to their asking price! 📈💸
⏳ Time on Market ⌛
Buyers, listen up! The median days on market in Summit County is currently 82. This tells us that properties are moving relatively quickly, so it's essential to act fast when you find your dream home. Don't miss out on your perfect match! ⌚🏡
💲💼 Median Sold Price 💰🏠
The median sold price in Summit County is currently $1,900,000. This data gives us an insight into the overall market value and affordability of properties in the area. Keep this in mind when exploring your options! 💲💡
If you're looking to buy or sell in Summit County, Utah, these market trends are definitely something to consider. Remember, I'm here to guide you through the process and help you make informed decisions. Let's connect and discuss your real estate goals today! 📞🏢💼
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