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Salt Lake City Market Report

$547,872

AVERAGE PRICE OF 1,218 HOMES

$242,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,723,309

AVERAGE PRICE OF 98 MULTI-MILLION DOLLAR HOMES

$475,679

AVERAGE PRICE OF 142 NEWLY BUILT HOMES

$582,629

AVERAGE PRICE OF 194 HOMES WITH A POOL

$568,359

AVERAGE PRICE OF 54 REDUCED PRICE HOMES

Average Home

Average Price $547,872
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $335,176
2 bedrooms $375,065
3 bedrooms $453,410
4 bedrooms $602,769
5 bedrooms $837,525
Salt Lake City Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 1,246 1,163 991 836 760
Average Price $549,595 $531,437 $539,267 $550,823 $540,756
Avg Price Change +3.42% -1.47% -2.14% +1.86% +1.90%
Median Price $424,528 $408,717 $405,164 $411,420 $398,606
Med Price Change +3.87% +0.88% -1.54% +3.21% +0.06%
Avg Bedrooms 3.34 beds 3.35 beds 3.37 beds 3.39 beds 3.38 beds
Avg Bathrooms 2.48 baths 2.46 baths 2.46 baths 2.5 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 96 $454,661 52 days
East 241 $574,410 63 days
Highland 230 $532,347 59 days
Olympus 110 $564,227 45 days
West 227 $638,696 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,218 $547,872 55 days
Distressed Homes 2 $242,450 203 days
Multi-Million Dollar Homes 98 $1,723,309 90 days
Newly Built Homes 142 $475,679 91 days
Homes with a Pool 194 $582,629 60 days
Reduced Price Homes 54 $568,359 57 days
Impower Real Estate
Steven & Jessica Salazar
9071 1300 W #205
West Jordan, UT 84088
801-661-1557
801-661-0877

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of July 11, 2020. 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 © 2020 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.