08/05/2026
Ever wondered how realtors know whether it’s a Buyer’s or Seller’s market? 🏡📊
It comes down to a key statistic called Months of Inventory (or Absorption Rate).
Think of it like this: If no new homes hit the market starting today, how many months would it take for every available home to sell based on current buyer demand?
Here is where the market breaks down: 🔹 Under 5 Months = Seller’s Market (Low inventory, high demand) ⚖️ 5 to 6 Months = Balanced Market (Equal footing for buyers and sellers) 🔹 Over 6 Months = Buyer’s Market (More choices, negotiable prices)
📌 What’s happening right here in Utah right now? According to our latest Utah RealEstate.com MLS data as of August 2026: • Active Listings: ~14,400 homes • Monthly Sales Pace: ~3,500 to 3,700 homes sold/month • Current Inventory: ~5.2 to 5.7 Months of Supply
The Takeaway: Utah is sitting firmly in a Balanced Market right now! ⚖️
For Buyers, this means more breathing room to negotiate and inspect without feeling rushed. For Sellers, it means properly priced, well-presented homes are still selling steadily, but strategic pricing is key!
Got questions about what this means for your specific neighborhood or price point? Drop a comment below or send me a DM! 💬👇
