Utah Housing Market Update - February 9th, 2026

Описание: Here's where things are in the Utah housing market as of 2/9/2026:




-Current Inventory = 10,645: that’s significantly up from the previous week, you can see it trending down from the beginning of 2025’s Q4, but at the beginning of 2026 it stopped dropping, it stabilized, and it has started trending up again..

-Prior Week Average DOM = 83: up from last week, still trending up.

-Prior Week Average List$ = $691,834: up from last week, still on a moderate down trend..

-Prior Week Average Sold$ = $675,761.

-Prior Week List$ vs Sold$ = -$16,073 in the buyer’s favor.

-Prior Week Median Sold$ = $527,525: up from previous week but within the range it has been for the last couple quarters.

-Prior Week Homes Sold = 439: up by 4 from the previous week, and we expect it to start coming up a little stronger, based on the trend of homes currently under contract…

-Currently Under Contract = 4,907: up by another 200 from the previous week - home buyers are coming out.

-Prior Week Price Reductions = 868: up from the previous week, and this is another vector where framing the trend from the beginning of Q4 makes it look to trend one way, while framing it from the beginning of 2026 shows the trend going the other way - probably a reflection of the amount of housing activity we’ve had across that time frame.

-Prior Week Listings Cx/Ex/Withdrawn = 426: down from the previous week, trending pretty level overall, moderately down if anything.. 

-Interest Rates (30yr Fixed Conventional) = 6.16%: rock steady right where rates were last Monday.




What does it mean for Sellers? Nothing’s changed from the last few weeks of messaging here: Sellers, if you want your home on the market for 3+ months, go ahead and try to squeeze all the money you think you can justify out of your asking price. If you want your home sold in better time, don’t leave money on the table, but get accurate data on the market in your neighborhood to position your asking price in front of the direction the market is going - which is moderately down right now. 




Buyers: Again, same as it’s been the last several weeks: as more buyers emerge, be ready to deal with more competition - especially for conservatively priced, well taken care of homes. Remember that the market is leaning in your favor from a bird’s eye view, but it hasn’t tipped over completely to be a buyer’s market, and in the zoomed in, higher resolution view of homes in specific neighborhoods, that have been well taken care of and conservatively priced, you can expect multiple offer situations.




Remember that I track interest rates from the following website:




https://www.mortgagenewsdaily.com/




If you have any questions about the information in this video or if you're interested in buying or selling a home in Utah in the coming months, please feel free to reach out to me. You know that I know this market like the back of my hand, and I'd love to be on your team and make sure you always know what’s happening next and what to do. Let’s have a conversation!




I'd love to hear from you,




Christopher




801.834.9713

[email protected]