Utahns are on the Move

According to 2019 U.S. Census Bureau data, almost one in every six Utahns either moved into, out of or somewhere new within the state in 2019. 

  • The most in-migration by a landslide was from Califorina (17,821), then Nevada (10,529), Colorado (7,856), Idaho (6,752) and Arizona (6,031).
  • The top destinations for departing Utahns were Texas (10,072), Arizona (8,917) and Idaho (7,371).
  • Over a half-million Utah residents moved: 389,000 within the state, 96,000 from another state and 16,000 came from abroad.
  • Utah has continued to be a desirable location for younger people. The state's average age is the lowest in the country: 30.7.

What have we seen in 2020?

  • This year, Utah has seen an influx of new buyers as the pandemic-triggered urban exodus continues around the country.
  • The greater Wasatch Front market experienced a remarkable 13% increase in the total number of transactions that closed in the third quarter this year with inventory averaging 50% less than in Q3 of 2019.
  • The greater Park City real estate market experienced a remarkable 85% increase in the total number of transactions that closed in Q3 this year.

Dive deeper with some of our pieces:

Whatever the future holds for you and your family, whether its relocating to another state or moving within, don't hesitate to reach out to a Berkshire Hathaway HomeServices Utah Properties professional.

 

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