MAY 2025 UTAH MARKET UPDATE

Data sourced from the Wasatch Front Regional MLS.

May brought mixed buyer momentum and a steady increase in inventory. Homes took longer to move, and expired listings continued rising, signaling a more price-sensitive market heading into early summer.

Davis County

• Closed sales last year: 3,401
• Closed last 30 days: 318
• Expired listings: 976
• New listings: 501
• Days on market: 51
• Active homes: 1,251
• Months of inventory: 4.41

Davis saw slower buyer follow-through and longer market times.

Salt Lake County

• Closed sales last year: 11,921
• Closed last 30 days: 1,035
• Expired listings: 3,957
• New listings: 1,819
• Days on market: 47
• Active homes: 4,544
• Months of inventory: 4.57

Salt Lake stacked up inventory as mid-spring buyers avoided overpriced homes.

Weber County

• Closed sales last year: 3,380
• Closed last 30 days: 306
• Expired listings: 1,317
• New listings: 480
• Days on market: 52
• Active homes: 1,379
• Months of inventory: 4.90

Weber remained steady, but homes lingered longer compared to earlier months.

Tooele County

• Closed sales last year: 1,424
• Closed last 30 days: 108
• Expired listings: 551
• New listings: 169
• Days on market: 65
• Active homes: 612
• Months of inventory: 5.16

Tooele struggled with demand as expired listings surged.

Utah County

• Closed sales last year: 9,327
• Closed last 30 days: 790
• Expired listings: 3,347
• New listings: 1,393
• Days on market: 54
• Active homes: 4,322
• Months of inventory: 5.56

Utah County continued building inventory, creating more competition for sellers.

Cache County

• Closed sales last year: 1,245
• Closed last 30 days: 107
• Expired listings: 624
• New listings: 223
• Days on market: 63
• Active homes: 709
• Months of inventory: 6.83

Cache remained heavily inventory-weighted with steady listing growth.

What This Means for Buyers and Sellers

Buyers: Strong selection and more room to negotiate.
Sellers: Pricing aggressively is essential to avoid sitting.