Cottonwood Realty Group's - Deal of the Week - July 8th 2026

Custom Image

📊 Utah Market Update + This Week's Investor Specials

june wrapped up stronger than many expected, and the market continues to move toward a healthier balance.
 
Here's what happened last month:
  • Sold listings increased 3.1% compared to last June and were up 8.2% from three months ago, a positive sign after a slower spring market.
  • New listings rose 3.0% year over year, while active inventory increased 6.4%, ending the month with 14,390 active listings. Buyers have more options than they did a year ago.
  • 5,061 homes went under contract in June, up 6.8% from last year, showing that well-priced homes are still selling despite increased inventory.
  • The $300,000–$700,000 price range remains the most active, accounting for nearly 66% of all homes sold.
What does this mean?
 
For buyers, increased inventory means more opportunities and greater negotiating power than we've seen in recent years.
 
For sellers, demand is still healthy—but pricing and presentation matter more than ever. The homes generating the most interest are the ones that enter the market priced strategically from day one.
 
Here are this week's deal(s)
 
🏡 Salt Lake City | $350,000 (↓ from $450,000)
 
A six-figure price reduction always gets my attention. This updated bungalow is back on the market due to buyer default—not property condition—creating a potential opportunity for investors or buyers looking to build equity. Located minutes from downtown and Salt Lake Community College, it offers strong rental appeal and a motivated seller who has already made a significant pricing adjustment.
 
🏡 Salt Lake City | $350,000 (↓ from $400,000)
 
After a $50,000 price reduction, this centrally located Salt Lake property deserves a second look. Opportunities under $400K in this location are becoming harder to find, and with the seller already adjusting expectations, there may be additional room to negotiate. A great option for investors looking for long-term appreciation or value-add potential.
 
🏡 Kearns | $335,000 (↓ from $345,000)
 
Move-in-ready homes with updated mechanicals can make excellent long-term rental properties by minimizing near-term capital expenses. This home features a newer roof, HVAC, electrical panel, windows, and siding, making it an attractive opportunity for investors seeking stable cash flow or first-time buyers looking to build equity with lower maintenance costs.
 
If you're curious what your own home might be worth in today's market—or wondering whether now is the right time to buy or sell—I'd be happy to put together a complimentary pricing analysis or set up a custom home search based on exactly what you're looking for.
Have a great week!
 

 

Find Out What Your Home Could Sell For in Today's Market

We'll show you what buyers are paying today and what we'd do to maximize your sale price.


 

Check out this article next

Deal of the Week : June 30th, 2026

Deal of the Week : June 30th, 2026

SLC's Market Is Moving Fast — But These 3 Homes Just Got More Affordable

Read Article
About the Author