Are you wondering what the state of our current real estate market is?
You are not alone!
Luckily for us our awesome board of Realtors just released a podcast on just that topic. You can listen to it here https://podcasts.apple.com/us/podcast/salt-lake-board-of-realtors/id1458226136
or watch my brief recap here:
It’s all about inventory and with inventory so low..it is still a sellers market. Hang in there. We are all in this together!
A few stats:
- March 20th to end of month showings dropped off 48%
- 9.46 fewer listings than last year
- 25% less under contracts
- 13% cancelled
- 27% withdrawn
A few great resources shared are:
www.utahrealestatestats.com (this one…check it out now!)
https://www.worldometers.info/coronavirus/
https://covid19.healthdata.org/united-states-of-america
