Silver Summit, UT

Leaning buyer's-25.2% YoY

Housing market overview · Updated weekly

$2.00Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

11

Fast-moving

Active listings

16

16.0 months supply

Sale-to-list

100.0%

Above asking

The Silver Summit housing market is currently classified as a leaning buyer's with a median sale price of $2.00M. Prices have fallen 25.2% compared to last year, with homes spending an average of 11 days on market, indicating 16.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Silver Summit

There are currently 16 homes listed for sale in Silver Summit, Utah. The median listing price is $2.6M.

Active listings

16

Homes on market

Median list price

$2.6M

Avg. days on market

11

Days until sale

New this week

5

Newly listed

Price drops:25.0%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Silver Summit?

The median home sale price in Silver Summit is $2.00M, down 25.2% from last year.

How long do homes stay on market in Silver Summit?

Homes typically spend 11 days on market before going under contract.

Is Silver Summit a buyer's or seller's market?

With 16.0 months of supply, Silver Summit is currently a leaning buyer's.

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