Salt Lake City Inventory Rises 22 %
Why Is Salt Lake City Inventory Up 22%? Although new listings in Salt Lake County fell 8.7% year over year, Salt Lake City single-family inventory still rose to 145 homes in January 2026. That’s up 22.9% from January 2025. With mortgage rates declining , buyers may gain purchasing power even as listings accumulate. That increase coincided with 68 days on market, up 21.4%. With homes taking longer to sell, more listings stayed active at month end. NAR projections of lower rates near 6% in 2026 could further improve buyer affordability as inventory builds. Disruption From Slower Closings Closed sales in the county slipped 4.1%, with 621 sales against 1,227 new listings. A slower sales pace can raise inventory without distress, especially while delinquencies remain low. Inventory Builds Despite Lock In Mortgage lock-in kept many owners with 4% or lower rates from listing, tightening overall supply. Even so, seasonal listings and reduced buyer throughput pushed city inventory to 2.0 month...
