Salt Lake City Market Report
$925,105
AVERAGE PRICE OF 1,066 HOMES$275,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,157,592
AVERAGE PRICE OF 260 MULTI-MILLION DOLLAR HOMES$825,563
AVERAGE PRICE OF 73 NEWLY BUILT HOMES$926,300
AVERAGE PRICE OF 130 HOMES WITH A POOL$810,133
AVERAGE PRICE OF 69 REDUCED PRICE HOMESAverage Home
| Average Price | $925,105 |
| Avg Bedrooms | 3.14 beds |
| Avg Bathrooms | 2.38 baths |
Average Price by Bedrooms
| 1 bedroom | $353,445 |
| 2 bedrooms | $491,537 |
| 3 bedrooms | $657,864 |
| 4 bedrooms | $999,483 |
| 5 bedrooms | $1,272,293 |
Salt Lake City Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,059 | 1,051 | 1,049 | 1,003 | 923 |
| Average Price | $887,454 | $885,175 | $912,259 | $927,619 | $924,656 |
| Avg Price Change | +0.26% | -3.06% | -1.68% | +0.32% | +3.13% |
| Median Price | $591,220 | $594,219 | $620,327 | $634,177 | $598,187 |
| Med Price Change | -0.51% | -4.39% | -2.23% | +6.02% | +3.43% |
| Avg Bedrooms | 3.1 beds | 3.13 beds | 3.18 beds | 3.26 beds | 3.18 beds |
| Avg Bathrooms | 2.35 baths | 2.35 baths | 2.41 baths | 2.46 baths | 2.42 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| East | 247 | $848,879 | 71 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,066 | $925,105 | 82 days |
| Distressed Homes | 1 | $275,000 | 124 days |
| Multi-Million Dollar Homes | 260 | $2,157,592 | 118 days |
| Newly Built Homes | 73 | $825,563 | 94 days |
| Homes with a Pool | 130 | $926,300 | 80 days |
| Reduced Price Homes | 69 | $810,133 | 52 days |
