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

Salt Lake City Market Report

$843,328

AVERAGE PRICE OF 968 HOMES

$328,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,185,379

AVERAGE PRICE OF 182 MULTI-MILLION DOLLAR HOMES

$1,026,293

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$779,222

AVERAGE PRICE OF 128 HOMES WITH A POOL

$753,718

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $843,328
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $359,990
2 bedrooms $510,098
3 bedrooms $621,286
4 bedrooms $835,825
5 bedrooms $1,237,975
Salt Lake City Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,064 1,136 1,068 1,006 961
Average Price $834,474 $827,572 $848,891 $872,660 $900,883
Avg Price Change +0.83% -2.58% -2.80% -3.23% -0.68%
Median Price $591,253 $593,482 $612,894 $625,534 $620,505
Med Price Change -0.38% -3.27% -2.06% +0.81% -1.72%
Avg Bedrooms 3.22 beds 3.17 beds 3.21 beds 3.21 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.4 baths 2.39 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 70 $742,381 69 days
East 189 $884,162 84 days
Highland 152 $843,965 82 days
Olympus 74 $827,860 63 days
West 198 $806,676 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 968 $843,328 83 days
Distressed Homes 3 $328,333 50 days
Multi-Million Dollar Homes 182 $2,185,379 115 days
Newly Built Homes 69 $1,026,293 91 days
Homes with a Pool 128 $779,222 83 days
Reduced Price Homes 59 $753,718 60 days
The Gamboa Real Estate Group
Jona Gamboa
6575 S Redwood Road #101
Taylorsville, UT 84123
801-214-8146

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of December 9, 2023. 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 © 2023 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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