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Salt Lake City Market Report

$924,034

AVERAGE PRICE OF 1,064 HOMES

$275,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,187,463

AVERAGE PRICE OF 256 MULTI-MILLION DOLLAR HOMES

$823,866

AVERAGE PRICE OF 73 NEWLY BUILT HOMES

$1,011,004

AVERAGE PRICE OF 119 HOMES WITH A POOL

$1,099,876

AVERAGE PRICE OF 84 REDUCED PRICE HOMES

Average Home

Average Price $924,034
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $346,167
2 bedrooms $482,387
3 bedrooms $643,796
4 bedrooms $1,012,466
5 bedrooms $1,356,136
Salt Lake City Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 1,069 1,059 1,051 1,049 1,003
Average Price $924,020 $887,454 $885,175 $912,259 $927,619
Avg Price Change +4.12% +0.26% -3.06% -1.68% +0.32%
Median Price $596,511 $591,220 $594,219 $620,327 $634,177
Med Price Change +0.89% -0.51% -4.39% -2.23% +6.02%
Avg Bedrooms 3.21 beds 3.1 beds 3.13 beds 3.18 beds 3.26 beds
Avg Bathrooms 2.45 baths 2.35 baths 2.35 baths 2.41 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 240 $801,748 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,064 $924,034 82 days
Distressed Homes 1 $275,000 145 days
Multi-Million Dollar Homes 256 $2,187,463 116 days
Newly Built Homes 73 $823,866 85 days
Homes with a Pool 119 $1,011,004 90 days
Reduced Price Homes 84 $1,099,876 61 days
Unity Group Real Estate
Demetrick Acevedo
1775 E 4500 South Lvl 1
Holladay, UT 84117
801-513-4968

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of October 8, 2024. 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 © 2024 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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