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Salt Lake City Market Report

$927,285

AVERAGE PRICE OF 1,029 HOMES

$405,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,098,701

AVERAGE PRICE OF 251 MULTI-MILLION DOLLAR HOMES

$1,017,137

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$883,265

AVERAGE PRICE OF 141 HOMES WITH A POOL

$738,837

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $927,285
Avg Bedrooms 3.27 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $358,837
2 bedrooms $475,222
3 bedrooms $641,459
4 bedrooms $966,273
5 bedrooms $1,213,925
Salt Lake City Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 923 856 845 846 957
Average Price $924,656 $896,612 $874,298 $873,458 $847,400
Avg Price Change +3.13% +2.55% +0.10% +3.08% +1.55%
Median Price $598,187 $578,356 $566,214 $574,750 $577,711
Med Price Change +3.43% +2.14% -1.51% -0.52% -2.34%
Avg Bedrooms 3.18 beds 3.21 beds 3.2 beds 3.21 beds 3.15 beds
Avg Bathrooms 2.42 baths 2.42 baths 2.43 baths 2.4 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West 239 $832,334 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,029 $927,285 73 days
Distressed Homes 1 $405,000 60 days
Multi-Million Dollar Homes 251 $2,098,701 99 days
Newly Built Homes 69 $1,017,137 102 days
Homes with a Pool 141 $883,265 65 days
Reduced Price Homes 63 $738,837 44 days
UVO Group | Century 21 Everest
6925 S Union Park Ave ST #410
Cottonwood Heights, UT 84047
801-810-7650

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of May 29, 2024. 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 © 2024 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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