Salt Lake City Market Report
$911,481
AVERAGE PRICE OF 963 HOMES$335,980
AVERAGE PRICE OF 5 DISTRESSED HOMES$2,230,194
AVERAGE PRICE OF 216 MULTI-MILLION DOLLAR HOMES$1,003,682
AVERAGE PRICE OF 67 NEWLY BUILT HOMES$808,031
AVERAGE PRICE OF 114 HOMES WITH A POOL$665,999
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $911,481 |
| Avg Bedrooms | 3.27 beds |
| Avg Bathrooms | 2.48 baths |
Average Price by Bedrooms
| 1 bedroom | $377,225 |
| 2 bedrooms | $482,941 |
| 3 bedrooms | $648,252 |
| 4 bedrooms | $938,379 |
| 5 bedrooms | $1,327,796 |
Salt Lake City Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,044 | 1,064 | 1,069 | 1,059 | 1,051 |
| Average Price | $904,993 | $919,161 | $924,020 | $887,454 | $885,175 |
| Avg Price Change | -1.57% | -0.53% | +4.12% | +0.26% | -3.06% |
| Median Price | $591,099 | $592,375 | $596,511 | $591,220 | $594,219 |
| Med Price Change | -0.22% | -0.70% | +0.89% | -0.51% | -4.39% |
| Avg Bedrooms | 3.24 beds | 3.24 beds | 3.21 beds | 3.1 beds | 3.13 beds |
| Avg Bathrooms | 2.48 baths | 2.5 baths | 2.45 baths | 2.35 baths | 2.35 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| East | 235 | $798,842 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 963 | $911,481 | 90 days |
| Distressed Homes | 5 | $335,980 | 68 days |
| Multi-Million Dollar Homes | 216 | $2,230,194 | 128 days |
| Newly Built Homes | 67 | $1,003,682 | 91 days |
| Homes with a Pool | 114 | $808,031 | 85 days |
| Reduced Price Homes | 31 | $665,999 | 63 days |
