Utah County Inventory Down 1000 Homes in 3 Months

The active home listing count in Utah County has dropped over 1000 homes from October 2007 to December 2007.  This is one of the larger and fastest drops I have seen in my 13 year Utah County Real Estate career.  I guess we are cutting the fat.  We are getting rid of the overpriced homes and deamers.  This is a healthy correction.

Active listings in Dec of 2007 of 4,146 is a 31.8% increase over Dec of 2006.  Below is a chart representing all the active listings listed with Realtors in Utah County.  This data does not include For Sale by Owner FSBO active listings.  Listings in December 2007 took a sharp dive but remains higher than in 2006. 

Our active listing count is currently very high.  Sellers tend to pull their homes off the market in December and relist them in March.  We will see our active listings climb into the Spring of 2008.  I think February and March are great months to list a home in Utah County. 

Selling a home in today's market requires a dedicated Realtor experienced with excellent internet marketing.  Our Site Utah County Listings has many great tips for seller.

Have a great day!

801-491-7653
Paul Teasdale abr, crs, epro, qsc
Associate Broker
Remax Results Realty 


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