Wondering if you should list your home? Don’t know what is’t worth? Let us give you a quick glimpse at the market in Norther Utah and Southern Idaho. The first thing you need to know is that the inventory is low, and below you will see a daily snapshot comparing last year to this year for February 25th. In three different counties you’ll see inventory is drastically low compared to last year, and low compared to almost every year the past decade.
So what does this mean for your house value? It means that it’s a sellers market and values are increasing. With fewer homes for buyers to select from, we are seeing more and more multiple offers on one property, and when that happens, it’s a simple example of supply and demand and prices go up. So have a look at a few counties below, and contact us at Cornerstone when you are interested in knowing the current value of your home, we’ll do a FREE market analysis and give you a detailed report so you can decide if now is the time to sell.