Utah Housing Market Predictions 2024. Experts on 2024 housing market forecast in utah. Looking ahead to 2024, he anticipates a slight decrease, stating.
The salt lake tribune got answers to some reader questions about what the housing market did in 2023 and what it will do in 2024. The state’s shortage of homes, after dropping steadily from a peak of 56,230 housing units in 2017 to 28,415 last year, is now forecast to start climbing again in 2023.
Salt Lake City — Up 6.4% Between July 2023 And July 2024;
Projections vary anywhere from 5% to 9% by the tail end of 2023, with prevailing sentiment landing in the 6.5% to 7.5% range.
Housing Sales In Utah As Of October 2023, Forbes Home Reported That Utah Was Ranked As The Eighth State In The Country For Its Expensive Average Home Prices.
It’s now down to $525,900, which, however,.
According To Zillow, As Of January 31, 2024, The Average Utah Home Value Stands At $501,653, Reflecting A 0.3% Increase Over The Past.
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Projections Vary Anywhere From 5% To 9% By The Tail End Of 2023, With Prevailing Sentiment Landing In The 6.5% To 7.5% Range.
The median home list price in saint george was $622,500 in.
What’s Going To Happen To The Housing Market In 2024?
According to zillow, as of january 31, 2024, the average utah home value stands at $501,653, reflecting a 0.3% increase over the past.