Market Analysis With an Appraiser's Eye | Updated Monthly
To view historical market data and track trends over time, scroll to bottom to see past editions.
Current Edition: March 2026
This tier-based analysis isn't marketing, it's data-driven methodology applied to help buyers make informed decisions.
My background as a certified residential appraiser means I approach every market analytically. I began analyzing Salt Lake real estate through an appraiser's lens 20 years ago — now I help buyers navigate these same markets.
MARCH 2026 HIGHLIGHTS
Classic Homes: $778,000 median
→ Seller's market with more spring inventory (1.6 months supply — up from 0.9)
→ Nearly half selling in 14 days or less — and climbing
→ Strategy: The best homes move fast. Run your comps on closed sales. Be ready.
Forever Homes: $1,382,000 median
→ Seller's market (2.6 months supply) — room to be deliberate, not to stall
→ The median jumped $132K — look to the trendline, not just the monthly price point
→ Strategy: 54% paid cash. If you're financing, clean terms and comps matter more than ever.
Spring Is Here — More Options, Same Urgency
→ Both tiers added inventory, but well-priced homes are moving faster than winter
→ Sellers listing 8–9% above where deals close — the gap is ambition, not reality
→ Anchor to closed comps. The well-priced homes move. The overpriced homes sit.
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Tanya Bates | Hinge Real Estate | Real Estate Advisor
Certified Residential Appraiser | tanyambates.com
FOR EDUCATIONAL PURPOSES ONLY