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October’s numbers are in, and they paint a clear picture of where the market stands today:
Salt Lake County: 3,351 homes for sale, median $584,990
Sandy: 218 active listings, median $659,900
Midvale: 110 active listings, median $449,900
What It Means Today
This is more inventory than we’ve seen in several years. Buyers have choices, leverage, and negotiating power they didn’t have before. Sellers, on the other hand, face more competition and need strong pricing and marketing to succeed.
But Here’s the Catch
This moment won’t last. Every year, a wave of listings cancels, expires, or withdraws by Jan 1. That means less competition heading into spring, just as buyers return from the sidelines. In other words, the pendulum will likely swing back toward sellers by March and April.
The Takeaway
Buyers: Do you want choices and price flexibility? The time is now.
Sellers: If you want to sell this fall, you need strategy. If you wait until spring, you’ll have more leverage — but also more competition from other buyers.
Final Word
After 33 years helping homeowners across the Wasatch Front, I’ve learned one truth: timing matters. Right now, the timing may favor buyers — but not for long.