If you need assistance, please call 801-706-2921

Salt Lake City Market Report

$796,937

AVERAGE PRICE OF 1,125 HOMES

$375,975

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,100,599

AVERAGE PRICE OF 176 MULTI-MILLION DOLLAR HOMES

$870,810

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$798,215

AVERAGE PRICE OF 115 HOMES WITH A POOL

$671,995

AVERAGE PRICE OF 120 REDUCED PRICE HOMES

Average Home

Average Price $796,937
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $406,701
2 bedrooms $482,578
3 bedrooms $642,471
4 bedrooms $692,818
5 bedrooms $1,083,907
Salt Lake City Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 1,037 n/a n/a n/a 586
Average Price $805,624 n/a n/a n/a $802,576
Avg Price Change n/a n/a n/a n/a +2.62%
Median Price $606,099 n/a n/a n/a $565,348
Med Price Change n/a n/a n/a n/a +7.42%
Avg Bedrooms 3.41 beds n/a n/a n/a 2.99 beds
Avg Bathrooms 2.43 baths n/a n/a n/a 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 203 $873,201 47 days
Highland 186 $754,837 49 days
Kearns 98 $443,771 43 days
Olympus 112 $844,100 45 days
West 186 $785,985 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,125 $796,937 52 days
Distressed Homes 4 $375,975 71 days
Multi-Million Dollar Homes 176 $2,100,599 73 days
Newly Built Homes 39 $870,810 86 days
Homes with a Pool 115 $798,215 40 days
Reduced Price Homes 120 $671,995 37 days
Century 21 Everest Realty Group
Amy Clark
6925 S. Union Park Center Suite 100
Midvale, UT 84047
801-706-2921

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of August 14, 2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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