L
ehi Real Estate Update (November 2024)

    Compared to November 2023, Lehi's real estate market saw a slight decrease in activity. Key statistics include:

    - Homes sold decreased from 77 to 139.

    - Average home price dropped to $560,490 ($587,104).

    - Median home price rose to $495,000 ($490,900).

    - Average days on the market increased to 67 (40).

    - Average square footage remained at 2,532 sq. ft. (2,717 sq. ft.).

    - Average price per square foot slightly increased to $234.16 ($225.36).

    Notable sales include a $1,465,000 property with 5 bedrooms and 6,145 sq. ft., as well as a $319,999 condo with 3 bedrooms.

    Currently available listings total 180 existing homes and 99 new construction properties. There are 37 listings over $1 million.

    This data is based on the Wasatch Front MLS as of December 6th, 2024.