The Hey Eric Podcast

April Utah Market Update Sales Crashing Pinch Me - 29

Eric Season 1 Episode 29

#heyeric #utahrealestate #utahrealtor 

Sales are down 28% year over year again!

Median Sold Price down 11% year over year.

But somehow days on market are decreasing rapidly so units are moving!

The Fed raised rates 25 bps last week but the market is already pricing in a decrease this fall and a full point decrease in spring 2024.

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