Is Salt Lake City, UT 84133 a buyer’s or seller’s market?
Salt Lake City is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Salt Lake City housing market right now
In the three months ending August 31, 2026, 0% of homes in Salt Lake City, UT 84133 sold above their list price, the typical home went under contract in 141 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (132 days then) and the median sale price rose 69% to $889,615. Overall, Salt Lake City is less competitive than a year ago, which gives buyers more room.
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Where Salt Lake City is
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Questions about Salt Lake City real estate
Is Salt Lake City a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Salt Lake City, UT 84133 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Salt Lake City?
The typical home went under contract in 141 days in the latest three months.
Do homes in Salt Lake City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What is the median home price in Salt Lake City?
The median sale price was $889,615 in the three months ending August 31, 2026, about $687 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology