Utah Housing Market Update — Early October 2025

As we enter October 2025, the Utah housing market faces some uncertainty due to a gap in federal economic data caused by the ongoing government shutdown. Normally, a new jobs report would help gauge economic health, but that report has been delayed, leaving us to rely on local data and market sentiment for clues.

Here’s what’s happening in real estate right now in Utah:

High Inventory: There are about 13,600 active listings—the highest we’ve seen in over a decade. Buyers now have more options and greater choice than in recent years.

Longer Days on Market: Homes are taking longer to sell, with the average now at 65 days on market. This trend signals a shift towards a slower market pace.

Frequent Price Cuts: Sellers are responding to market realities by adjusting prices more often to attract buyers.

Lending Complications: Federal agency shutdowns have impacted processes like IRS income verifications and flood insurance renewals, possibly slowing loan approvals.

With traditional economic anchors paused, buyers and sellers need to watch local market indicators more closely. Market participants should focus on timing and strategy in this evolving landscape.

If you’re considering buying, selling, or holding your position in this market, now is the time to connect with a knowledgeable local expert who can help guide your decisions.

To watch the full video click here: https://youtu.be/XYruj5NhBiw