Salt Lake City Market Report
$2,271,880
AVERAGE PRICE OF 36 HOMES$4,137,058
AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES$1,012,450
AVERAGE PRICE OF 2 NEWLY BUILT HOMES$5,360,612
AVERAGE PRICE OF 8 HOMES WITH A POOL$515,000
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
Average Price | $2,271,880 |
Avg Bedrooms | 3.33 beds |
Avg Bathrooms | 2.97 baths |
Average Price by Bedrooms
1 bedroom | $359,000 |
2 bedrooms | $588,400 |
3 bedrooms | $1,202,835 |
4 bedrooms | $3,623,240 |
5 bedrooms | $2,492,000 |
Salt Lake City Home Price Trends
1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
---|---|---|---|---|---|
Total Listings | 842 | 967 | 1,086 | 1,114 | 1,120 |
Average Price | $952,873 | $947,502 | $939,547 | $955,123 | $964,404 |
Avg Price Change | +0.57% | +0.85% | -1.66% | -0.97% | +6.27% |
Median Price | $591,269 | $600,401 | $606,986 | $609,552 | $616,155 |
Med Price Change | -1.54% | -1.10% | -0.42% | -1.08% | +1.80% |
Avg Bedrooms | 3.42 beds | 3.52 beds | 3.37 beds | 3.37 beds | 3.32 beds |
Avg Bathrooms | 2.92 baths | 3.01 baths | 2.82 baths | 2.78 baths | 2.9 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Out Of Area | 6 | $963,316 | 102 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 36 | $2,271,880 | 103 days |
Multi-Million Dollar Homes | 17 | $4,137,058 | 124 days |
Newly Built Homes | 2 | $1,012,450 | 96 days |
Homes with a Pool | 8 | $5,360,612 | 143 days |
Reduced Price Homes | 2 | $515,000 | 32 days |