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Salt Lake City Market Report

$550,424

AVERAGE PRICE OF 1,101 HOMES

$313,378

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,687,539

AVERAGE PRICE OF 94 MULTI-MILLION DOLLAR HOMES

$507,193

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$575,541

AVERAGE PRICE OF 149 HOMES WITH A POOL

$546,949

AVERAGE PRICE OF 80 REDUCED PRICE HOMES

Average Home

Average Price $550,424
Avg Bedrooms 3.44 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $341,118
2 bedrooms $371,381
3 bedrooms $457,477
4 bedrooms $546,553
5 bedrooms $811,315
Salt Lake City Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 1,083 1,017 892 754 706
Average Price $558,408 $554,300 $558,914 $561,649 $565,904
Avg Price Change +0.74% -0.83% -0.49% -0.76% +0.72%
Median Price $436,096 $430,705 $419,414 $404,695 $405,115
Med Price Change +1.25% +2.69% +3.64% -0.10% +0.66%
Avg Bedrooms 3.44 beds 3.45 beds 3.43 beds 3.39 beds 3.39 beds
Avg Bathrooms 2.53 baths 2.51 baths 2.5 baths 2.51 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 265 $558,095 62 days
Highland 229 $502,085 43 days
Kearns 66 $284,355 33 days
Skyline 78 $834,184 67 days
West 252 $676,718 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,101 $550,424 54 days
Distressed Homes 5 $313,378 77 days
Multi-Million Dollar Homes 94 $1,687,539 101 days
Newly Built Homes 71 $507,193 62 days
Homes with a Pool 149 $575,541 63 days
Reduced Price Homes 80 $546,949 38 days
HOMEnet Real Estate
Marque Roybal
10808 S River Front Pkwy Suite 3049
South Jordan, UT 84095
801-809-9026

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of July 22, 2019. 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 © 2019 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.