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Salt Lake City Market Report

$859,819

AVERAGE PRICE OF 1,137 HOMES

$2,068,841

AVERAGE PRICE OF 232 MULTI-MILLION DOLLAR HOMES

$1,056,985

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$871,159

AVERAGE PRICE OF 137 HOMES WITH A POOL

$745,757

AVERAGE PRICE OF 111 REDUCED PRICE HOMES

$655,487

AVERAGE PRICE OF 8 DISTRESSED HOMES

Average Home

Average Price $859,819
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $404,261
2 bedrooms $515,705
3 bedrooms $650,166
4 bedrooms $754,075
5 bedrooms $1,572,272
Salt Lake City Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,036 992 929 839 742
Average Price $877,037 $903,965 $910,661 $925,342 $918,914
Avg Price Change -3.07% -0.74% -1.61% +0.70% +0.43%
Median Price $631,028 $626,271 $635,731 $627,166 $599,018
Med Price Change +0.76% -1.51% +1.37% +4.70% +3.11%
Avg Bedrooms 3.33 beds 3.23 beds 3.3 beds 3.6 beds 3.56 beds
Avg Bathrooms 2.71 baths 2.56 baths 2.58 baths 2.42 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 234 $887,342 58 days
Highland 176 $863,162 64 days
Olympus 81 $815,200 44 days
Out Of Area 7 $969,142 40 days
Skyline 66 $1,135,941 67 days
West 211 $900,758 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,137 $859,819 69 days
Multi-Million Dollar Homes 232 $2,068,841 68 days
Newly Built Homes 65 $1,056,985 106 days
Homes with a Pool 137 $871,159 76 days
Reduced Price Homes 111 $745,757 54 days
Distressed Homes 8 $655,487 18 days
Steven & Jessica Salazar
1622 E 9350 S
Sandy, UT 84093
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 September 24, 2023
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of September 24, 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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