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Salt Lake City Market Report

$557,393

AVERAGE PRICE OF 1,197 HOMES

$184,933

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,739,943

AVERAGE PRICE OF 102 MULTI-MILLION DOLLAR HOMES

$476,328

AVERAGE PRICE OF 138 NEWLY BUILT HOMES

$591,048

AVERAGE PRICE OF 184 HOMES WITH A POOL

$545,526

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

Average Home

Average Price $557,393
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $338,569
2 bedrooms $380,870
3 bedrooms $458,897
4 bedrooms $588,457
5 bedrooms $862,537
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 92 $467,870 56 days
East 245 $582,079 61 days
Highland 233 $534,932 57 days
Olympus 111 $560,570 45 days
West 215 $669,581 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,197 $557,393 55 days
Distressed Homes 3 $184,933 134 days
Multi-Million Dollar Homes 102 $1,739,943 88 days
Newly Built Homes 138 $476,328 91 days
Homes with a Pool 184 $591,048 61 days
Reduced Price Homes 51 $545,526 48 days
The Cadwell 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 July 4, 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.