Utah Real Estate Market Statistics March 2022
The total number of homes sold last month were 3,917 homes.
- 2,923 were of the total homes were Single-Family Homes.
- 985 were Multi-Family Homes such as townhomes and condos.
The median sales price for single-family homes sold last month was $570,000. This number was up 26.8% from March 2021.
The medial sales price for multi-family homes sold last month was $425,000. That number is also up 28.6% from March 2021.
Homes were only on the market for 6 days (Median Days on the Market). That's equal to 6 days from the previous month between when homes were placed on the market and when homes were placed under contract.
The median sales price per square foot was $235.59.
Total Residential Homes Inventory Listed on the MLS Last March was 4,878 homes. This month was up dramtically to 5,180 total homes.
Don't hesitate to give us a call at 801-693-HOME for more information.
All data was provided by UtahRealEstate.com.
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