Hideout is currently showing 48 homes for sale, only slightly higher than last month and unchanged over the year. Buyers are seeing 14 new listings come to market, while about 8 homes are going under contract. That flow points to a slower pace, with months of supply at 3.4 in this buyer-leaning environment.
Prices are adjusting alongside this softer activity, with the typical home value around $1,699,950 and the median list price about $1,750,000. Compared with last month, the typical home value is down 46.91 percent and list prices have eased 1.38 percent, while values in Wasatch County as a whole are higher at roughly $1,189,212.
Homes are moving faster than before, spending a median of 29 days on the market, which is sharply lower than both last month and last year. Only about 10 percent of listings are seeing price drops, and roughly 21 percent of recent sales closed above the asking price, with the average sale-to-list ratio near 0.98. With inventory steady, pending sales down 38.46 percent year over year, and new listings off 30 percent, conditions tilt toward buyers even as many sellers still achieve strong prices. Buyers and sellers who want to navigate these trends in Hideout can turn to Agent Pronto to connect with a local real estate agent who fits their needs.
