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Significant, and fast, normalization in the last 90 days. Supply is up, demand is somewhat muted. Inventory is has been steadily increasing for the last four months and is now at 2018 levels. Across the board for the Wasatch Front counties, inventory/supply ranges from 2 to 3+ months. In the current inventory we are seeing a lot of price reductions. In Salt Lake County, 19.7% of the current inventory reduced offering price in the last 7 days. I would argue that these sellers are dropping their price to where they should have been from when they first listed. Take a look at the the supply/demand metrics and where the market is likely headed: https://www.saltlakerealtygroup.com/b...