If you’re a homeowner in Utah making plans to sell your house, it’s likely you’re balancing several timelines. You may be counting the days until you can finally retire, or perhaps you’re pressed against a deadline to start a new job. When a life change and move are imminent, the big question on your mind might be, How long will it take to sell my house in Utah? In this post, we explore the average time to sell a house in Utah and share proven strategies that can speed up your home sale in the Beehive State.
According to transaction data collected by HomeLight, the average time to sell a house in Utah ranges from 40-52 days. This range represents the period of time it takes from listing to receiving a signed contract. Within the industry, this metric is known as Days on Market, or DOM. If your buyer is financing the purchase, you’ll also need to factor in the time it takes for them to close on their mortgage loan, which, based on estimates from ICE Mortgage Technology, can be up to an additional 43 days. However, the processing time can be less if a buyer is preapproved for their home loan. How long it takes to sell your Utah home will depend on your listing price, the property’s condition, regional market trends, and the location of your home. In a larger market like Salt Lake, a home may receive a signed purchase agreement in less than 30 days, while in a smaller market like Draper, it might take two months. While the typical range is 40-52 days, with the right pricing strategy, a top-performing Utah agent, and timing your listing, your home could sell even faster. Later in this post, we’ll provide a list of selling tips and options that might fit your timeline. The spring and summer months of April, May, June, and July are typically considered the best months to sell a home in Utah, but that’s not necessarily the case in all parts of the state. Other factors can shift the prime selling time, such as whether your home is a retirement destination, located near a ski resort, or if a major employer in town has a hiring season that significantly influences local home sales. Available housing inventory in your city also plays a big role. In addition, the “best” time depends on your selling objective. The best time to sell a house for the most money may be different than the best time to sell a house fast. Let’s look at some city examples taken from our Best Time to Sell Calculator, which uses housing market data HomeLight has collected to estimate the best and worst months to sell your Utah home — first for proceeds, and then for speed. It’s important to note that while these Utah selling trends above offer helpful insights, the ideal selling time for you can vary depending on market conditions and your personal circumstances. Visit HomeLight’s Best Time to Sell Calculator for a more customized estimate based on your home’s location, or reach out to a top local real estate agent.What’s the average time to sell a house in Utah?
What is the best time to sell a house in Utah?
In the Salt Lake City area:
In southern areas like St. George
In a ski resort community like Park City
In a University city like Provo