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Salt Lake City Market Report

$819,708

AVERAGE PRICE OF 1,137 HOMES

$2,003,846

AVERAGE PRICE OF 211 MULTI-MILLION DOLLAR HOMES

$974,021

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$668,284

AVERAGE PRICE OF 145 REDUCED PRICE HOMES

$380,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$959,398

AVERAGE PRICE OF 116 HOMES WITH A POOL

Average Home

Average Price $819,708
Avg Bedrooms 3.58 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $358,475
2 bedrooms $530,104
3 bedrooms $724,497
4 bedrooms $1,117,214
5 bedrooms $1,741,866
Salt Lake City Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 1,126 1,125 1,060 n/a n/a
Average Price $815,970 $805,260 $814,587 n/a n/a
Avg Price Change +1.33% -1.16% n/a n/a n/a
Median Price $602,928 $600,297 $610,742 n/a n/a
Med Price Change +0.44% -1.74% n/a n/a n/a
Avg Bedrooms 3.66 beds 3.85 beds 3.76 beds n/a n/a
Avg Bathrooms 2.72 baths 3 baths 2.82 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 200 $877,147 60 days
Highland 176 $903,530 61 days
Kearns 78 $418,066 57 days
Olympus 107 $831,122 46 days
West 195 $787,697 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,137 $819,708 87 days
Multi-Million Dollar Homes 211 $2,003,846 95 days
Newly Built Homes 39 $974,021 267 days
Reduced Price Homes 145 $668,284 55 days
Distressed Homes 2 $380,000 170 days
Homes with a Pool 116 $959,398 50 days
Steven & Jessica Salazar
9071 1300 W #205
West Jordan, UT 84088
801-661-1557
801-661-0877

Information deemed reliable but not guaranteed. Listing data provided courtesy of the Internet Data Exchange Program of The Washington County Board of REALTORS, Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of The Washington County Board of REALTORS, Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Jessica Salazar - Impower Real Estate include the name of the listing brokers. The information being 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. Data is updated as of October 4, 2022
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of October 4, 2022. 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 © 2022 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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