What Is the Average Time to Sell a House in Utah?
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.
What’s the average time to sell a house in Utah?
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.
What is the best time to sell a house in Utah?
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.
In the Salt Lake City area:
Best time for more money: If you’re in the Salt Lake City area and your goal is to get the most money from your home sale, the best month to close on your sale is November. Since it typically takes about three months from listing to closing, you would ideally list your home in August to achieve a selling price that’s 9.96% higher than the yearly average. On a $600,000 Utah home, that can be up to $59,760 more in proceeds.
Best time to sell fast: If you want to sell your Salt Lake area house fast, listing in April or September could mean selling your house 6-7 days sooner than if you listed in other months, with the fastest sales closing in July and December.
In southern areas like St. George
Best time for more money: If your home is in St. George and you’re looking to get the most money from the sale, the best month to close is also November. This means you would put your home on the market in August to achieve a selling price that’s 6.9% higher than the yearly average. On a $600,000 home, that can be up to $41,400 more in proceeds.
Best time to sell fast: If you want to sell your St. George house quickly, listing in March or April could mean selling your house 4-8 days sooner than if you listed in other months, with the fastest sales closing in June and July.
In a ski resort community like Park City
Best time for more money: If your house is in a ski resort community like Park City and you want to get the most money from the sale, the best months to close the deal are March or November. Since it normally takes about three months from listing to closing, you would list your home in August or December to obtain a selling price that’s 11.97%-15.4% higher than the yearly averages. On a $600,000 Utah home, that can be $71,820-$92,400 more in proceeds.
Best time to sell fast: If you want to sell your Park City area house fast, listing between March and June will yield similar speed benefits. This would mean closing the sale between June and September, 13-18 days quicker than if you listed in other months.
In a University city like Provo
Best time for more money: If you’re in the University community of Provo and your aim is to get the most money from your home sale, three months stand out for the best closing dates — January, September, and November. Accounting for the three months from listing to closing, you would list your home in October, June, or August to achieve a selling price that’s 15%-25% higher than the yearly averages. On a $600,000 home, that can be up to $90,000-$150,000 more in proceeds, with January being the best closing month.
Best time to sell fast: If you want to sell your Provo house fast, listing in August or September could mean selling your house 12-27 days sooner than if you listed in other months. The fastest closings are in November and December.
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.
