Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Utah
MEDLISPRIPERSQUFEEMMUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.29
Year-over-Year Change
-56.72%
Date Range
7/1/2017 - 7/1/2025
Summary
This trend measures the median listing price per square foot for homes in Utah on a month-over-month basis. It provides insights into the state's housing market dynamics and price movements.
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
The Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Utah metric tracks the median price per square foot for active home listings in the state. This data point is closely monitored by real estate analysts, policymakers, and consumers to gauge the health and affordability of the local housing market.
Methodology
The data is collected and calculated by national real estate platforms based on active listings and sales information.
Historical Context
This metric is used to inform housing policy decisions and consumer expectations around home prices and affordability.
Key Facts
- Utah has experienced rapid home price growth in recent years.
- The median listing price per square foot provides a granular view of market conditions.
- Tracking this metric helps policymakers address housing affordability challenges.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median listing price per square foot for homes in the state of Utah on a month-over-month basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and affordability of Utah's housing market, which is crucial information for real estate professionals, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by national real estate platforms based on active listings and sales information.
Q: How is this trend used in economic policy?
A: This metric is used to inform housing policy decisions and consumer expectations around home prices and affordability in Utah.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be some lags in reporting due to the nature of real estate transactions.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Utah (MEDLISPRIPERSQUFEEMMUT), retrieved from FRED.