11/02/2021
Here is another update: With the supply chains affecting everyone in the USA, the home building and construction industry is being hit hard. There is a lot to be thankful for this Thanksgiving if you are already in your dream home but for those needing a place to call home, there isn't much out there to change lives.
There has been little changes over the last year from 2020 to 2021 in terms of "Months of Supply of Inventory." Just a slight uptick in the amount of homes, however, not enough to make a dent in the homes needed for the buyers in Utah County. Bottom line is the buyers in Utah County and Salt Lake County are in need of your listing.
You can see that "The percent of Original list price Received" has also risen due to the urgency created by listing agents. "Bidding wars" are typical and will drive the list price received up.