Salt Lake County Buyers .... We've Hit the Bottom

Salt Lake County Buyers.... We've hit the bottom. Yes I really think we have hit the bottom. I know thats a bold statement, but I'm hearing stories of multiple offers, homes are going under contract with in days of being listed and There are homes East side Murray listed at under $50/sqft. I also found a home located in the West area of Salt Lake County priced at $29/sqft. Unbelievable If you are looking for a single family residence home in Salt Lake under 200,000 you better act now.

As of today on our local MLS there are :

211 single family homes on the East side of the Salt lake Valley

929 single family homes on the West side of the Salt Lake Valley

Inventory is starting to go fast at this price point.