If you need assistance, please call 801-259-4341

Salt Lake City Market Report

$844,549

AVERAGE PRICE OF 962 HOMES

$328,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,185,907

AVERAGE PRICE OF 182 MULTI-MILLION DOLLAR HOMES

$1,032,181

AVERAGE PRICE OF 68 NEWLY BUILT HOMES

$786,313

AVERAGE PRICE OF 126 HOMES WITH A POOL

$755,604

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $844,549
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $356,929
2 bedrooms $511,247
3 bedrooms $620,310
4 bedrooms $833,062
5 bedrooms $1,246,872
Salt Lake City Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,064 1,136 1,068 1,006 961
Average Price $834,474 $827,572 $848,891 $872,660 $900,883
Avg Price Change +0.83% -2.58% -2.80% -3.23% -0.68%
Median Price $591,253 $593,482 $612,894 $625,534 $620,505
Med Price Change -0.38% -3.27% -2.06% +0.81% -1.72%
Avg Bedrooms 3.22 beds 3.17 beds 3.21 beds 3.21 beds 3.28 beds
Avg Bathrooms 2.42 baths 2.39 baths 2.4 baths 2.39 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 71 $739,390 70 days
East 187 $884,320 85 days
Highland 152 $843,932 84 days
Olympus 74 $824,131 64 days
West 196 $808,092 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 962 $844,549 84 days
Distressed Homes 3 $328,333 52 days
Multi-Million Dollar Homes 182 $2,185,907 116 days
Newly Built Homes 68 $1,032,181 94 days
Homes with a Pool 126 $786,313 85 days
Reduced Price Homes 57 $755,604 57 days
Adams Family Realty
Rob Adams
4020 W Daybreak Pkwy #210
South Jordan, UT 84009
801-259-4341

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