Housing Inventory: Median Listing Price in Utah
MEDLISPRIUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
599,450.00
Year-over-Year Change
-1.33%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in Utah' trend measures the median price of homes listed for sale in the state of Utah. This metric is closely watched by economists and policymakers to assess housing market conditions and affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the median price of active home listings in Utah, providing insight into the overall price level and trends in the state's housing market. The median listing price is a leading indicator of home sale prices and can signal market shifts and changes in housing affordability.
Methodology
The data is collected and calculated by Realtor.com based on listing information from participating real estate brokers and agents.
Historical Context
Median listing prices are used by analysts, policymakers, and market participants to monitor housing market dynamics and evaluate the impacts of economic conditions, supply and demand, and policy changes.
Key Facts
- The median listing price in Utah reached a record high of $560,000 in 2022.
- Home prices in Utah have risen over 50% in the past 5 years.
- Utah has one of the most competitive and fast-paced housing markets in the U.S.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in Utah' trend measures the median price of homes listed for sale in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into housing market conditions and affordability in Utah, which is important for economists, policymakers, and real estate market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on listing information from participating real estate brokers and agents.
Q: How is this trend used in economic policy?
A: Median listing prices are used by analysts, policymakers, and market participants to monitor housing market dynamics and evaluate the impacts of economic conditions, supply and demand, and policy changes.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a typical 1-2 month delay, and may not capture all listing information in the state.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Utah (MEDLISPRIUT), retrieved from FRED.