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Read MoreIs the Salt Lake County housing market heating up with the coffee this spring? The latest Sales Per Month Report for single-family homes is in, and the data from Salt Lake’s MLS data gives us a clear picture of where we’ve been and where we are heading.
If you’ve been sitting on the fence about buying or selling, here is the breakdown of the year-over-year trends you need to know.
When we look at the start of 2026 compared to the beginning of 2025, the Salt Lake County market shows a resilient, albeit shifting, landscape.
Sales Momentum: In February 2026, we saw 606 closed sales, a notable increase from the 563 sales recorded in February 2025.
Pricing Trends: The Median Sold Price in February 2026 was $606,250, up from $599,000 the previous February. While prices remain strong, the growth appears steady rather than explosive.
Inventory & Choice: Interestingly, the median square footage of homes sold in January 2026 (2,568 sq. ft.) was higher than in January 2025 (2,444 sq. ft.), suggesting buyers are finding slightly larger footprints for their investment this year.
If you’re planning to sell, patience is currently a virtue.
In February 2026, the median Days on Market (DOM) hit 49, compared to 48 days in February 2025.
However, we are seeing a typical seasonal “spring sprint”—early data for March 2026 shows DOM dropping significantly to 33 days.
Buyers are still finding some room to breathe. The Median Sale-to-Original List Price (Mdn S to OL) sat at 95% for the first two months of 2026. This indicates that, on average, homes have been selling for about 5% below their original asking price.
However, that window might be closing; March 2026 data shows that figure jumping back up to 98%, signaling that competition is intensifying as the weather warms up.
The Salt Lake County market remains a “steady-as-she-goes” environment. We aren’t seeing the frantic bidding wars of years past, but with a $256 million sales volume already recorded for the first half of March 2026, the demand for single-family homes is undeniably present.
Whether you are looking to cash in on your equity or find your forever home in the shadows of the Wasatch, having the right data is your best tool.
Buyers: Current market conditions are giving buyers more breathing room than we saw last summer.Stable Prices: The median sold price has remained steady, moving from $599,000 in February 2025 to $606,250 in February 2026.More Time to Decide: Homes averaged 49 days on market last month, giving you more time for due diligence compared to the 21-day “sprints” seen last June.Lower Mortgage Rates: Rates have dropped from this time last year, increasing your overall purchasing power. More Options, Less Competition: With a median sale-to-original-list price of 95% in early 2026, buyers are facing fewer intense bidding wars than a year ago.
Sellers: If you are ready to list, the momentum is shifting back in your favor this month. Rapidly Increasing Speed: Market velocity is picking up; the time it takes to sell a home dropped from 49 days in February to 33 days in March.Rising Buyer Urgency: Competition is heating up, with the sale-to-list price ratio jumping from 95% to 98% in the last 30 days. Solid Equity Growth: The median sold price has climbed from $585,000 in January 2025 to $610,000 as of mid-March 2026. Strong Market Demand: Even with the month only half over, Salt Lake County has already seen 359 closed sales in March.
Looking ahead, the next six months in Salt Lake County are expected to follow a strong seasonal trend as we move from the “Spring Surge” into a busy summer. Based on early March data, market velocity is already increasing, with homes selling nearly 33% faster than they did in February. As mortgage rates continue to stabilize or drop compared to last year, we anticipate a steady flow of both new listings and motivated buyers entering the market. While competition will likely tighten and sale-to-list price ratios may climb back toward 98%, the overall outlook remains one of healthy, sustainable growth for single-family homes through the September 2026 horizon
If you’re thinking about buying or selling a home in Salt Lake County, Utah County, or Davis County, reach out to the Alex Lehauli Group. We understand the local market and are here to guide you through every step. Contact us today and let’s talk strategy!
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