If you need assistance, please call 801-400-1385

Salt Lake City Market Report

$719,196

AVERAGE PRICE OF 1,014 HOMES

$2,134,828

AVERAGE PRICE OF 140 MULTI-MILLION DOLLAR HOMES

$575,345

AVERAGE PRICE OF 84 NEWLY BUILT HOMES

$1,117,565

AVERAGE PRICE OF 94 HOMES WITH A POOL

$295,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$646,895

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $719,196
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $328,485
2 bedrooms $606,629
3 bedrooms $1,528,834
4 bedrooms $973,064
5 bedrooms $3,475,914
Salt Lake City Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 993 947 n/a 925 1,220
Average Price $787,252 $777,504 n/a $763,584 $732,297
Avg Price Change +1.25% n/a n/a +4.27% +2.73%
Median Price $512,315 $507,155 n/a $497,914 $473,939
Med Price Change +1.02% n/a n/a +5.06% +3.30%
Avg Bedrooms 3.4 beds 3.38 beds n/a 3.45 beds 3.3 beds
Avg Bathrooms 3.21 baths 3.3 baths n/a 3.27 baths 3.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 90 $604,412 32 days
East 210 $605,004 44 days
Highland 172 $596,529 82 days
Olympus 74 $730,031 35 days
West 172 $732,632 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,014 $719,196 98 days
Multi-Million Dollar Homes 140 $2,134,828 146 days
Newly Built Homes 84 $575,345 94 days
Homes with a Pool 94 $1,117,565 77 days
Distressed Homes 1 $295,000 10 days
Reduced Price Homes 28 $646,895 27 days
Rooted & Co.
Andrew Kent
2265 E. Murray Holladay Rd.
Holladay, UT 84117
801-400-1385

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of May 10, 2021. 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 © 2021 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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