FOR IMMEDIATE RELEASE
Contact:
Kyle Webb
Broker/Owner
EXIT Realty Legacy
435-503-0483
kylewebb@exitrealtylegacyutah.com
Utah Real Estate Market Recap and Forecast
Salt Lake City, Utah (Grassroots Newswire) 01/12/2022 -- In Realtor.com's Forecast of Top Housing Markets of 2022, Salt Lake City was named this year's top market. “The median home price for Salt Lake, according to Realtor.com®, is $564,062. Realtor.com® is projecting an 8.5% increase in home prices in 2022. If this forecast is correct, the median house price will rise to over $600,000 in the next 12 months”.
Kyle Webb, the Principal Broker of EXIT Realty Legacy in Salt Lake City says “Utah has experienced a major increase in home values over the last year and because of a high demand for housing, those who own homes or purchase homes should be able to look forward to increasing equities again this year”. According to UtahRealEstate.com (Wasatch Front Regional Multiple Listing Service), the average days a listing was on the market before accepting an offer for 2021 was 22 compared to 37 in 2020 and 44 in 2019.The average sales price for 2021 was $600,095 compared to $435,897 in 2020 and $376,367 in 2019. That’s an increase of 59.4% in 2 years.
Historically the market in Utah becomes very competitive in the early spring but 2022 has already started early as a competitive market with multiple offer situations and plenty of buyers for the already low inventory. In this competitive market, it is important to have a highly trained and experienced professional on your side to protect your interest, your equity and ensure that your offer is accepted. If you are a home buyer or seller looking for a professional Realtor to guide you through this market, EXIT Realty Legacy agents have the skill, training and knowledge that you need to help you achieve your goals and maneuver through this unprecedented market. Search for available homes for sale or get a FREE market valuation of your home at www.EXITRealtyLegacy.com.
One of the trainings that EXIT Realty Legacy will be providing their agents starting January 19th will be a 10-week Real Estate Prospecting and Sales Program featuring international trainer Key Yessaad with EXIT Realty Corp. International. This program is meant to enhance real estate agent’s results and systems to generate more listings, convert more sales, have better follow up systems and build a prospecting mindset. EXIT Realty Legacy is currently hiring and training real estate agents in both their Salt Lake and St. George offices and making this training available for you to become a career Top Producing agent. Visit www.EXITRealtyLegacy.com or call Kyle Webb directly 435-503-0483 by January 17th to be able to participate in this training provided to EXIT Realty Legacy agents.
For more information about EXIT Realty Legacy, please call 435-503-0483. EXIT Realty Legacy is located at 2257 S 1100 E, Suite 104, Salt Lake City UT 84106.
About EXIT Realty:
EXIT Realty is a company founded and built on human potential. A full service, forward-thinking, real estate franchisor with offices across North America, EXIT has to-date paid out more than a half a billion dollars in single-level residual income to its associates. The Expert Marketing Suite™ including geolocation Smart Sign™ technology gives sellers an edge in a competitive marketplace. A portion of every transaction fee received by EXIT Realty Corp. International is applied to its charitable fund, and to-date, $6 million has been allocated to charity. For more information, please visit www.exitrealty.com and www.joinexitrealty.com.
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- Documents and/or Photos available for this release:
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To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 437455
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