Salt Lake City Market Report
$901,170
AVERAGE PRICE OF 948 HOMES$323,980
AVERAGE PRICE OF 5 DISTRESSED HOMES$2,218,722
AVERAGE PRICE OF 209 MULTI-MILLION DOLLAR HOMES$963,183
AVERAGE PRICE OF 74 NEWLY BUILT HOMES$764,290
AVERAGE PRICE OF 121 HOMES WITH A POOL$909,615
AVERAGE PRICE OF 51 REDUCED PRICE HOMESAverage Home
| Average Price | $901,170 |
| Avg Bedrooms | 3.25 beds |
| Avg Bathrooms | 2.48 baths |
Average Price by Bedrooms
| 1 bedroom | $371,083 |
| 2 bedrooms | $487,935 |
| 3 bedrooms | $649,108 |
| 4 bedrooms | $938,317 |
| 5 bedrooms | $1,270,983 |
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 | 239 | $792,490 | 84 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 948 | $901,170 | 92 days |
| Distressed Homes | 5 | $323,980 | 76 days |
| Multi-Million Dollar Homes | 209 | $2,218,722 | 132 days |
| Newly Built Homes | 74 | $963,183 | 91 days |
| Homes with a Pool | 121 | $764,290 | 84 days |
| Reduced Price Homes | 51 | $909,615 | 77 days |
