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

Salt Lake City Market Report

$927,225

AVERAGE PRICE OF 737 HOMES

$366,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,329,320

AVERAGE PRICE OF 161 MULTI-MILLION DOLLAR HOMES

$1,463,926

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$1,040,790

AVERAGE PRICE OF 82 HOMES WITH A POOL

$746,568

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $927,225
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $384,262
2 bedrooms $480,149
3 bedrooms $622,028
4 bedrooms $745,377
5 bedrooms $1,270,112
Salt Lake City Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 789 783 927 1,080 1,128
Average Price $860,951 $844,165 $823,369 $804,940 $814,688
Avg Price Change +1.99% +2.53% +2.29% -1.21% +0.81%
Median Price $557,205 $556,528 $558,234 $565,412 $586,984
Med Price Change +0.12% -0.31% -1.29% -3.82% -1.86%
Avg Bedrooms 3.38 beds 3.33 beds 3.28 beds 3.28 beds 3.33 beds
Avg Bathrooms 2.48 baths 2.41 baths 2.35 baths 2.34 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 50 $769,683 86 days
East 145 $1,055,783 70 days
Highland 122 $843,601 69 days
Olympus 54 $711,169 73 days
West 161 $801,122 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 737 $927,225 83 days
Distressed Homes 3 $366,633 72 days
Multi-Million Dollar Homes 161 $2,329,320 114 days
Newly Built Homes 35 $1,463,926 93 days
Homes with a Pool 82 $1,040,790 71 days
Reduced Price Homes 32 $746,568 57 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 March 31, 2023. 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 © 2023 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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