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Salt Lake City Market Report

$565,032

AVERAGE PRICE OF 1,111 HOMES

$310,975

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,667,149

AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

$528,233

AVERAGE PRICE OF 81 NEWLY BUILT HOMES

$585,939

AVERAGE PRICE OF 152 HOMES WITH A POOL

$552,016

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $565,032
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $328,177
2 bedrooms $374,910
3 bedrooms $476,699
4 bedrooms $562,706
5 bedrooms $844,844
Salt Lake City Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 1,017 892 754 706 709
Average Price $554,300 $558,914 $561,649 $565,904 $561,836
Avg Price Change -0.83% -0.49% -0.76% +0.72% +1.43%
Median Price $430,705 $419,414 $404,695 $405,115 $402,450
Med Price Change +2.69% +3.64% -0.10% +0.66% +0.61%
Avg Bedrooms 3.45 beds 3.43 beds 3.39 beds 3.39 beds 3.45 beds
Avg Bathrooms 2.51 baths 2.5 baths 2.51 baths 2.48 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 276 $562,843 54 days
Highland 235 $527,232 43 days
Olympus 73 $490,775 46 days
Skyline 82 $867,524 52 days
West 242 $692,652 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,111 $565,032 52 days
Distressed Homes 4 $310,975 83 days
Multi-Million Dollar Homes 100 $1,667,149 100 days
Newly Built Homes 81 $528,233 62 days
Homes with a Pool 152 $585,939 64 days
Reduced Price Homes 68 $552,016 42 days
Team Plus Realty
392 E 12300 S, Ste J
Draper, UT 84020
801-891-5489
Lindsey McDonald
New American Funding
801.518.6799

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of June 26, 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.