March 2020 Utah Housing Stats

Below is our housing stats updated on Salt Lake, Utah and Davis County for January. If there are any other stats you would like to see or have any specific questions about our market, let us know! 

Salt Lake County - March 

• Sales Volume: $493,557,274.00 in 2020 vs. $493,869,673.00 in 2019
• Median home sale price: $370,000.00 in 2020 vs.  $326,532.00 in 2019
• Cumulative Days on Market:  12 in 2020 vs. 23 in 2019
• Home sale count: 1,201 in 2020 vs. 1,299 in 2019 
• Price per sq. ft: $168.18 in 2020 vs. $157.49 in 2019 –a difference of $10.50 per sq. ft.
• Median list to sold price: 99% in 2020 vs. 99% in 2019

Utah County – March

• Sales Volume: $309,306,790.00 in 2020 vs. $275,435,522.00 in 2019
• Median home sale price: $343,000.00 in 2020 vs. $318,500.00 in 2019
• Cumulative Days on Market: 22 in 2020 vs. 29 in 2019
• Home sale count: 793 in 2020 vs. 779 in 2019
• Price per sq. ft: $139.82 in 2020 vs. $132.92 in 2019  – a difference of $7 per sq. ft.
• Median list to sold price: 99% in 2020 vs. 100% in 2019 

Davis County – March

• Sales Volume: $135,185,857.00 in 2020 vs. $132,340,806.00 in 2019
• Median home sale price: $350,000.00 in 2020 vs. $310,500.00 in 2019
• Cumulative Days on Market: 13 in 2020 vs. 22 in 2019
• Home sale count: 363 in 2020 vs. 394 in 2019
• Price per sq. ft: $142.42 in 2020 vs. $134.28 in 2019 –a difference of $8 per sq. ft.
• Median list to sold price: 100% in 2020 vs. 97% in 2019
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• If you would like to know what is happening in your neighborhood, you can sign up for our neighborhood snapshot! 

Let us know if you have any questions about these numbers or have any other real estate questions that I can answer, I am always here to help!

Definitions:

Sales Volume – All home sales

Cumulative Days on Market – how many days a home was listed as Active on the market