Wondering if now is the right time to sell your home in Salt Lake County?
You're not alone. Many homeowners are asking this exact question — especially with recent interest rate changes, inventory shifts, and media headlines adding uncertainty.
Here's what local trends, seasonal patterns, and expert insight from the Mark Haaga Real Estate Team reveal about the best time to sell.
1. What's Happening in the Salt Lake County Market Right Now?
As of Q2 2025, Salt Lake County is experiencing:
- Stabilized prices: Median home prices have leveled off after a sharp run-up in 2020–2022.
- Low but rising inventory: Listings are slowly increasing, giving buyers more choices.
- Fewer bidding wars: Homes priced right are still moving quickly, but intense competition has eased.
- Higher interest rates: Mortgage rates remain elevated, which affects buyer affordability.
📊 According to UtahRealEstate.com, the average days on market is currently around 34 days (as of April 2025), compared to under 10 days in early 2022.
Median prices, days on market, and inventory shifts for early 2025
2. Pros of Selling Now
- Solid home equity: Many homeowners still have significant equity from recent appreciation.
- Motivated buyers: Relocators, move-up buyers, and those facing lease renewals are still active.
- Less competition: You may face fewer competing listings compared to spring/summer peak.
- New construction slowdown: With rising build costs, fewer new homes are hitting the market.
💬 Mark Haaga’s team helps sellers capitalize on current equity and maximize appeal through pricing and presentation.
3. Reasons You Might Wait
- Interest rate sensitivity: If rates drop in late 2025 or 2026, buyer demand may surge.
- More time to prepare: Waiting lets you improve your home, time the season, or plan a relocation.
- Personal timing: Selling too soon could complicate your next move if you're not ready.
📌 We help clients create flexible listing timelines to align with both market trends and life events.
4. How Seasonality Affects Selling in Utah
Salt Lake County’s market follows a familiar seasonal pattern:
Season Market Activity
Spring Most listings, most buyers
Summer High volume, fast closings
Fall Slower pace, serious buyers
Winter Low inventory, motivated buyers
Depending on your home type, school district, and move-out plans, the “best” time may vary.
🗓 The Mark Haaga Real Estate Team uses historical data and buyer search trends to help you time your listing.
5. Salt Lake County Submarket Trends to Know
- Daybreak & South Jordan: Family buyers still active; HOA fees like Daybreak’s 0.5% enhancement fee can influence buyer decisions. These areas remain attractive due to walkability, schools, and newer homes.
- Millcreek & Sugar House: These centrally located areas appeal to downsizers, investors, and young professionals. Inventory is tight, but homes in good condition sell quickly.
- Riverton & Herriman: Still experiencing suburban growth, though buyer activity is more price-sensitive. Newer construction competes heavily with resale homes.
- West Valley & Taylorsville: More affordable housing options attract first-time buyers and investors. These markets may see stronger appreciation if rates drop.
- Draper & Sandy: Established neighborhoods with strong schools and commute access continue to command premium pricing.
🔍 We analyze pricing trends at the neighborhood level—not just the zip code—when advising sellers.
Final Thoughts: Is Now the Right Time for You?
Market timing can be complex, but working with the right professional makes all the difference. Even in a shifting market like Salt Lake County, sellers who approach the process with clarity, preparation, and local expertise tend to walk away with better results.
The Mark Haaga Real Estate Team brings:
- In-depth, real-time market knowledge
- Neighborhood-level pricing analysis
- Proven strategies to reduce time on market and maximize your sale price
- A personalized plan that works with your timeline and goals—not against them
Whether you're ready to list or just exploring your options, we're here to help you make the smartest decision.
If you're searching for a top real estate agent in Salt Lake County, Utah — look no further. Let’s build your selling strategy together. Contact us today for a no-pressure consultation and customized market report.**