Market shifting? Here’s how to stay ahead (plus a strategy most investors miss 👀)

Hello Utah Investors,

The April numbers are in—and there’s a lot happening in Utah’s housing market that you’ll want on your radar. Let’s break it down and talk about what it means for your bottom line.

📊 Quick Market Recap – April 2025

Here’s what stood out this month:

👉 Median Days on Market:
Homes are selling in 34 days, down from 36 last month. The market is moving—faster.

👉 Homes Sold:
 3,369 total sales (2,456 single-family | 913 multi-family). That’s a slight dip (▼1%) from last year, but not surprising with current rates and buyer trends.

👉 Price per Sq. Ft.:
We’re holding strong at $233.81.

👉 Median Sold Price:

• Single-Family: $570K (up 1.8% from last April)

• Multi-Family: $415K (up 2.5%)

👉 Inventory is UP:
 6,028 new listings entered this year vs. 5,138 in April 2024. More homes = more choices (and more competition).

🧠 Investor Insight:
This is your cue to be intentional. Review your acquisition strategy. Stay nimble. And if you're selling—price to move. 

“Have your eye on a new investment property? Send it to us, and we can run a market analysis on it. “

💸 Smart Tax Tip Most Investors Miss

Here’s a move we highly recommend you explore (especially before tax season rolls around again):

Cost Segregation.

It’s a powerful way to unlock thousands in tax savings by speeding up depreciation on parts of your rental property (like flooring, fencing, appliances, etc.).

👀 Not sure where to start?
We break it all down in this quick-read blog:
👉 Cost Segregation & Property Management in Utah

Whether you’re holding single-family or multi-family, this is a real money-mover—and many investors still aren’t using it.

🧾 Pro Tips to Prep for Tax Season Early

If you haven’t talked to your CPA about depreciation strategy or tax planning yet—now’s the time.

We put together another post specifically for single-family rental owners that walks through what qualifies, how to claim it, and when to act.
👉 Cost Segregation for Single-Family Rentals

🔍 Key takeaway:
You can retroactively apply these strategies, potentially saving thousands.

💬 Client Spotlight: Peace of Mind from Afar

“Nestwell has managed our two properties since 2016. Communication is excellent; we live out of state and any issues are promptly brought to our attention.”
— Chris Elder, long-term Nestwell investor

Whether you’re local or managing from another state, our priority is keeping you informed and your properties performing. We handle the details so you can focus on what matters most—growth, cash flow, and peace of mind.

📍 Next Month: Spotlight on Ogden

We’ll be diving into what’s happening in Ogden’s real estate scene. If you own property there—or are thinking about it—you won’t want to miss the May issue.

📊 Quick Poll for You:

We’re thinking about hosting a casual investor meetup this summer... maybe coffee, maybe cocktails—just a chance to connect and talk strategy face-to-face.

That’s a wrap for April. Have questions? Let’s talk strategy.

📞 Book a Call
🌐 Explore Resources

Until next time,
The Nestwell Team