January 2025 Utah Market Update

Data sourced from the Wasatch Front Regional MLS.

January opened the year with slowed buyer activity and rising inventory across the Wasatch Front. Winter conditions, rate uncertainty, and post-holiday fatigue pushed many buyers to pause, creating a softer start to 2025. Listings continued to climb, giving the market a noticeably more balanced feel compared to recent years.

Davis County

• Closed sales last year: 3,408
• Closed last 30 days: 133
• Expired listings: 951
• New listings: 330
• Days on market: 73
• Active homes: 923
• Months of inventory: 3.25

Buyers stepped back in January, pushing days on market higher and keeping inventory elevated.

Salt Lake County

• Closed sales last year: 12,130
• Closed last 30 days: 595
• Expired listings: 3,752
• New listings: 1,197
• Days on market: 60
• Active homes: 3,177
• Months of inventory: 3.14

Salt Lake slowed sharply in short-term sales, but long-term activity remained stable.

Weber County

• Closed sales last year: 3,354
• Closed last 30 days: 178
• Expired listings: 1,243
• New listings: 386
• Days on market: 64
• Active homes: 1,158
• Months of inventory: 4.14

Weber added a strong wave of new listings, outpacing buyer activity for the month.

Tooele County

• Closed sales last year: 1,446
• Closed last 30 days: 57
• Expired listings: 527
• New listings: 168
• Days on market: 76
• Active homes: 491
• Months of inventory: 4.07

Tooele’s inventory stayed manageable, but demand cooled significantly after the holidays.

Utah County

• Closed sales last year: 8,976
• Closed last 30 days: 459
• Expired listings: 3,149
• New listings: 1,128
• Days on market: 62
• Active homes: 3,241
• Months of inventory: 4.33

Utah County carried strong listing activity into the new year, but buyers took their time.

Cache County

• Closed sales last year: 1,227
• Closed last 30 days: 58
• Expired listings: 584
• New listings: 146
• Days on market: 68
• Active homes: 527
• Months of inventory: 5.15

Cache County saw inventory jump while winter slowed buyer demand.

What This Means for Buyers and Sellers

Buyers: You benefit from increased inventory and less competition.
Sellers: Expect longer timelines and focus on pricing accuracy early in the year.