If you need assistance, please call 801-214-8146

Salt Lake City Market Report

$900,737

AVERAGE PRICE OF 1,057 HOMES

$337,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,114,371

AVERAGE PRICE OF 242 MULTI-MILLION DOLLAR HOMES

$1,001,362

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$999,871

AVERAGE PRICE OF 148 HOMES WITH A POOL

$863,715

AVERAGE PRICE OF 98 REDUCED PRICE HOMES

Average Home

Average Price $900,737
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $354,690
2 bedrooms $460,254
3 bedrooms $640,644
4 bedrooms $1,038,496
5 bedrooms $1,192,023
Salt Lake City Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,003 923 856 845 846
Average Price $927,619 $924,656 $896,612 $874,298 $873,458
Avg Price Change +0.32% +3.13% +2.55% +0.10% +3.08%
Median Price $634,177 $598,187 $578,356 $566,214 $574,750
Med Price Change +6.02% +3.43% +2.14% -1.51% -0.52%
Avg Bedrooms 3.26 beds 3.18 beds 3.21 beds 3.2 beds 3.21 beds
Avg Bathrooms 2.46 baths 2.42 baths 2.42 baths 2.43 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West 231 $856,899 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,057 $900,737 70 days
Distressed Homes 2 $337,500 60 days
Multi-Million Dollar Homes 242 $2,114,371 105 days
Newly Built Homes 65 $1,001,362 101 days
Homes with a Pool 148 $999,871 65 days
Reduced Price Homes 98 $863,715 57 days
The Gamboa Real Estate Group
Jona Gamboa
6575 S Redwood Road #101
Taylorsville, UT 84123
801-214-8146

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of June 22, 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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