Market Snapshot: August 2020

Market Snapshot: August 2020

The real estate market surge even higher in August with property values increasing an whopping 17.5% year over year and increasing at a white hot 2.1% month over month pace.  Sales volumes were up over 5% and it only took homes on the market 9 days to go under contract on average.  This is a very strong monthly report.  Utah’s unemployment rate is below 5% already which translates into a labor shortage again.

If you are a thinking of selling your home, call me at 801-390-1480 and lets find out how much your home is worth.