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MarketSalt Lake City

Utah Sellers Are Cutting Prices Fast. Davis and Salt Lake Counties Lead the Surge.

Utah sellers are discovering that an asking price can become a liability when buyers have alternatives.

Utah Sellers Are Cutting Prices Fast. Davis and Salt Lake Counties Lead the Surge.

Utah sellers are discovering that an asking price can become a liability when buyers have alternatives. Five Wasatch Front counties posted some of the largest increases in discounted listings among 388 counties analyzed by Movoto. Davis and Salt Lake ranked first and second, Weber tied for third, Utah County ranked seventh and Tooele eighth, according to the Salt Lake Tribune. That puts the region near the top of a national ranking sellers would rather avoid. But the ranking measures a…

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