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Salt Lake City

Why you'd want to live in Salt Lake City

Utah’s capital has spent most of two centuries watching the rest of the country’s big cities grow up. It’s been learning, editing, building. Salt Lake City is laid back like Seattle but it’s sunny here five days a week via utah.com

Salt Lake City Market Report

$934,123

AVERAGE PRICE OF 850 HOMES

$2,194,748

AVERAGE PRICE OF 195 MULTI-MILLION DOLLAR HOMES

$985,379

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$1,022,613

AVERAGE PRICE OF 99 HOMES WITH A POOL

$811,292

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

$358,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $934,123
Avg Bedrooms 3.7 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $373,738
2 bedrooms $485,483
3 bedrooms $744,916
4 bedrooms $1,033,683
5 bedrooms $1,460,366
Salt Lake City Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 838 740 764 808 800
Average Price $925,774 $919,759 $915,795 $870,410 $854,514
Avg Price Change +0.65% +0.43% +5.21% +1.86% +2.85%
Median Price $627,242 $598,880 $580,713 $562,564 $561,919
Med Price Change +4.74% +3.13% +3.23% +0.11% 0.00%
Avg Bedrooms 3.76 beds 3.58 beds 3.46 beds 3.42 beds 3.56 beds
Avg Bathrooms 2.91 baths 2.86 baths 2.78 baths 2.78 baths 2.75 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 185 $986,864 52 days
Highland 139 $890,787 55 days
Olympus 72 $725,752 53 days
Skyline 54 $1,247,530 48 days
West 145 $977,530 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 850 $934,123 95 days
Multi-Million Dollar Homes 195 $2,194,748 77 days
Newly Built Homes 41 $985,379 376 days
Homes with a Pool 99 $1,022,613 82 days
Reduced Price Homes 48 $811,292 44 days
Distressed Homes 1 $358,000 183 days
Destiny Real Estate
Darrell Catmull
4511 S 600 E #12
Salt Lake City, UT
801-262-9980

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of June 1, 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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