Salt Lake City Market Report
$963,861
AVERAGE PRICE OF 1,111 HOMES$2,229,024
AVERAGE PRICE OF 284 MULTI-MILLION DOLLAR HOMES$838,345
AVERAGE PRICE OF 78 NEWLY BUILT HOMES$1,148,917
AVERAGE PRICE OF 134 HOMES WITH A POOL$808,123
AVERAGE PRICE OF 75 REDUCED PRICE HOMES$275,000
AVERAGE PRICE OF 1 DISTRESSED HOMESAverage Home
| Average Price | $963,861 |
| Avg Bedrooms | 3.43 beds |
| Avg Bathrooms | 2.93 baths |
Average Price by Bedrooms
| 1 bedroom | $363,169 |
| 2 bedrooms | $687,353 |
| 3 bedrooms | $800,788 |
| 4 bedrooms | $2,630,991 |
| 5 bedrooms | $1,993,396 |
Salt Lake City Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,095 | 1,083 | 1,087 | 1,036 | 945 |
| Average Price | $908,243 | $902,505 | $929,873 | $944,154 | $939,900 |
| Avg Price Change | +0.64% | -3.03% | -1.54% | +0.45% | +2.40% |
| Median Price | $605,462 | $604,927 | $629,649 | $644,014 | $606,546 |
| Med Price Change | +0.09% | -4.09% | -2.28% | +6.18% | +2.47% |
| Avg Bedrooms | 3.31 beds | 3.42 beds | 3.57 beds | 3.53 beds | 3.48 beds |
| Avg Bathrooms | 2.8 baths | 2.81 baths | 2.85 baths | 2.9 baths | 2.99 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| East | 247 | $846,228 | 72 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,111 | $963,861 | 105 days |
| Multi-Million Dollar Homes | 284 | $2,229,024 | 118 days |
| Newly Built Homes | 78 | $838,345 | 182 days |
| Homes with a Pool | 134 | $1,148,917 | 89 days |
| Reduced Price Homes | 75 | $808,123 | 75 days |
| Distressed Homes | 1 | $275,000 | 125 days |
