The West Jordan housing market is still competitive, but less so than it was this time last year. According to Redfin, homes in West Jordan receive 5 offers on average and sell in around 20 days. The average sale price of a home in West Jordan was $517K last month, up 10.0% since last year. The average sale price per square foot in West Jordan is $227, up 10.7% since last year.
In August 2022, West Jordan home prices were up 10.0% compared to last year, selling for a median price of $517K. On average, homes in West Jordan sell after 25 days on the market compared to 8 days last year. There were 107 homes sold in August this year, down from 165 last year.
Perhaps the biggest sign of the slowing market is the fact that percentage of homes selling above asking price is the lowest level in the past three years, and the number is continuing to slide.
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