Last week, I shared data on how Utah's housing market is shifting to a more balanced environment (if you missed it, click here)—with buyers having more negotiating power than they've had in years. But if you've been reading headlines lately, you might be wondering: "Is anyone actually buying homes right now?"

The answer might surprise you.

Table of Contents

• Homes Are Still Selling Every Single Minute

• What This Means for Utah Sellers

• Why You Should Feel Confident

• The Bottom Line

Homes Are Still Selling Every Single Minute

While Utah is seeing a more balanced market, the buying hasn't stopped. Here's what's actually happening in real estate right now:

Every 60 seconds, 8 homes still sell across America. That's right – in the time it takes you to read this newsletter, 8 families have just sold their home to a new fully qualified buyer. That's 11,041 homes every single day.

Right here in Utah: 3,540 homes sold last month. That means:

• 118 homes sell every single day in Utah

• 5 homes sell every hour in Utah

• 1 home sells every 12 minutes in Utah

These aren't just statistics – they represent real families making real moves for real reasons. New jobs, growing families, empty nesters downsizing, and life changes that can't wait for "perfect" market conditions.

What This Means for Utah Sellers

Remember last week's data? Utah's closed sales were actually up 3.3% in June, even with all that additional inventory. This confirms what the national numbers show – buyers are still out there, but they're being more selective with plenty of options to choose from.

This is why strategic pricing and presentation is more important than ever.

In today's market:

• Buyers have 32% more homes to choose from

• Days on market have increased to 54 days (giving buyers time to be choosy)

• Sellers are getting 97.1% of asking price (down from 97.7% last year)

But here's the key: well-priced, well-presented homes are still selling. You just need to be one of those 8 homes that sells every minute, not one that sits on the market.

Why You Should Feel Confident

Life doesn't pause for mortgage rates. People still need to:

• Relocate for work (especially with Utah’s growing economy)

• Upgrade for growing families

• Downsize as empty nesters

• Move closer to family

The key is that both buyers and sellers are adapting to this new environment - and my clients who embrace this change with the right strategy are succeeding.

The Bottom Line

Last week's data showed us Utah's market has shifted to an environment where buyers have a lot more leverage than they have had in a long time. This week's perspective shows us that balance doesn't mean stagnation – it means opportunity.

8 homes sell every minute. Utah's closed sales were up 3.3% in June. Life is still happening, and people are still making moves.

The difference now is that success requires strategy, not luck. Whether you're buying or selling, having the right approach and professional guidance makes all the difference.

Ready to make your move?

Let's create a winning strategy together. Contact me today for your complimentary market analysis and personalized game plan. The market is moving, and your next chapter could be just around the corner.

Here to serve,

P.S. You owe me nothing. But if you know anyone considering a move in the next 6-12 months, I'd love to an introduction. This market shift is creating opportunities, but they require the right guidance to capitalize on them.