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Salt Lake City Market Trends

Today, November 24, 2009

Median Sales Price in Salt Lake City

Embed Info
1 yr 5 yr Max
Salt Lake City median sales prices
Number of sold homes in Salt Lake City
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$209,160+74.3%$149,648$120,000$60,044
2 bedrooms$129,151-34.2%$151,274$196,165$93,412
3 bedrooms$160,992-0.2%$159,886$161,338$118,171
4 bedrooms$153,316-32.4%$172,210$226,880$123,476
All properties$157,000-18.3%$161,415$192,261$119,146
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Salt Lake City Summary

The median sales price for homes in Salt Lake City UT for Aug 09 to Oct 09 was $157,000. This represents a decline of 2.7%, or $4,415, compared to the prior quarter and a decrease of 18.3% compared to the prior year. Sales prices have appreciated 31.8% over the last 5 years in Salt Lake City.

The average listing price for Salt Lake City homes for sale on Trulia was $353,473 for the week ending Nov 18, which represents a decline of 2.2%, or $7,955, compared to the prior week and a decline of 1.2%, or $4,319, compared to the week ending Oct 28. Average price per square foot for Salt Lake City UT was $115, an increase of 1.8% compared to the same period last year. Popular neighborhoods in Salt Lake City include Sugar House, East Central, Greater Avenues, Yalecrest, Liberty Wells, and Rio Grande.

 

Average Listing Price in Salt Lake City

Embed Info
1 yr 5 yr Max
Salt Lake City average property price
Salt Lake City – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$210,378+0.8%$208,680$210,653$210,255
2 bedrooms$259,189+0.8%$257,118$256,607$256,935
3 bedrooms$289,924-0.3%$290,847$290,750$295,045
4 bedrooms$395,688-1.0%$399,822$390,039$380,831
All properties$353,473-2.2%$361,428$356,988$357,792
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Average Price Per Sqft for Homes in Salt Lake City

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1 yr 5 yr Max
Salt Lake City average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$172-15.3%$166$203$83
2 bedrooms$123+8.8%$428$113$96
3 bedrooms$117+6.4%$155$110$81
4 bedrooms$107-2.7%$102$110$77
All properties$115+1.8%$221$113$82
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Popular Neighborhoods in Salt Lake City

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Sugar House 1 — 1 1
East Central 2 +1 3 2
Greater Avenues 3 -1 2 3
Yalecrest 4 +9 13 9
Liberty Wells 5 +2 7 6
Rio Grande 6 +3 9 13
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Homes for Sale in Salt Lake City

5 S 500 West, Salt Lake City UT
5 S 500 W,…
$259,900
2 br  1 ½ ba
1014 Montclair Drive, Salt Lake City UT
1014 Montc…
$229,900
3 br  2 ba
7099 Watermill Way, Salt Lake City UT
7099 Water…
$289,000
3 br  3 ba
4497 Roger Drive, Salt Lake City UT
4497 Roger…
$499,900
4 br  3 ba
5761 Waterbury Circle, Salt Lake City UT
5761 Water…
$157,000
2 br  2 ba
1048 Lake Street, Salt Lake City UT
1048 Lake…
$685,000
4 br  3 ba
View all Salt Lake City Homes for Sale
 
Stats & Trends
Salt Lake City

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

Sugar House

East Central

View more neighborhoods or ZIPs
  • Arcadia Heights
  • Bonneville Hills
  • Canyon Rim
  • Capitol Hill
  • Central City
  • Central City/ Liberty Wells
  • East Central
  • Fairpark
  • Glendale
  • Greater Avenues
  • Jordan Meadows
  • Liberty Wells
  • Magna
  • Northpointe
  • People's Freeway
  • Poplar Grove
  • Rio Grande
  • Rose Park
  • Sugar House
  • Sunnyside East
  • University
  • Wasatch Hollows
  • Westpointe
  • Yalecrest
close [x]
  • 84101
  • 84102
  • 84103
  • 84104
  • 84105
  • 84106
  • 84107
  • 84108
  • 84109
  • 84110
  • 84111
  • 84112
  • 84113
  • 84114
  • 84115
  • 84116
  • 84117
  • 84118
  • 84119
  • 84120
  • 84121
  • 84122
  • 84123
  • 84124
  • 84125
  • 84126
  • 84127
  • 84128
  • 84130
  • 84131
  • 84132
  • 84133
  • 84134
  • 84136
  • 84138
  • 84139
  • 84141
  • 84143
  • 84144
  • 84145
  • 84147
  • 84148
  • 84150
  • 84151
  • 84152
  • 84157
  • 84158
  • 84165
  • 84170
  • 84171
  • 84180
  • 84184
  • 84189
  • 84190
  • 84199
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Nearby Cities

Cities
Median
sales price
Average
listing price
South Salt Lake
$148,874
$180,709
West Valley
$130,000
$192,055
North Salt Lake
$210,000
$391,247
Murray
$2,000,000
$235,777
Holladay
$546,182
$785,934
Bountiful
$206,474
$406,888
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Advice

Recent Q&A in Salt Lake City, UT

Q: I'm looking for foreclosure houses in this zip 84102. If you got a list handy you can fax it to 801-585-0677 2 answers
Q: How can I find foreclosures in Utah? 8 answers
Q: I am at the end of my rope. 14 answers
Q: How much does it cost to demolish a home in Salt Lake City? And what is the average cost per sq ft for a new home in Salt Lake City, (holladay) UT? 3 answers
Q: We're considering a move to the Salt Lake City area and could use some advice on where to look for homes. 14 answers

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Nearby Cities Real Estate

  • South Salt Lake Real Estate
  • West Valley Real Estate
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  • Holladay Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • South Salt Lake Home Prices
  • West Valley Home Prices
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Salt Lake City Stats & Trends

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  • Salt Lake City Home Prices
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Our real estate market trends page gives you a valuable overview of the Salt Lake City real estate market. Find Salt Lake City properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Salt Lake City average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Salt Lake City housing statistics are available for each Salt Lake City, UT neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.