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Salt Lake City Market Report

$830,993

AVERAGE PRICE OF 807 HOMES

$294,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,353,685

AVERAGE PRICE OF 136 MULTI-MILLION DOLLAR HOMES

$1,384,799

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$1,073,514

AVERAGE PRICE OF 84 HOMES WITH A POOL

$626,523

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $830,993
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $361,524
2 bedrooms $456,470
3 bedrooms $562,718
4 bedrooms $726,170
5 bedrooms $1,131,672
Salt Lake City Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 927 1,080 1,128 1,110 1,106
Average Price $823,369 $804,940 $814,688 $808,131 $796,286
Avg Price Change +2.29% -1.21% +0.81% +1.49% -1.17%
Median Price $558,234 $565,412 $586,984 $597,878 $596,013
Med Price Change -1.29% -3.82% -1.86% +0.31% -1.69%
Avg Bedrooms 3.28 beds 3.28 beds 3.33 beds 3.35 beds 3.41 beds
Avg Bathrooms 2.35 baths 2.34 baths 2.36 baths 2.38 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 139 $903,938 85 days
Highland 115 $785,235 90 days
Kearns 60 $410,920 81 days
Olympus 75 $750,377 85 days
West 165 $788,938 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 807 $830,993 90 days
Distressed Homes 3 $294,966 153 days
Multi-Million Dollar Homes 136 $2,353,685 122 days
Newly Built Homes 33 $1,384,799 112 days
Homes with a Pool 84 $1,073,514 81 days
Reduced Price Homes 41 $626,523 60 days
The Caldwell Team | South Valley Keller Williams
Sean Caldwell
4020 W Daybreak Pkwy South
Jordan, UT 84009
801-440-6250

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of January 27, 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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