If you need assistance, please call 801-262-9980

Salt Lake City Market Report

$820,023

AVERAGE PRICE OF 1,014 HOMES

$2,258,075

AVERAGE PRICE OF 169 MULTI-MILLION DOLLAR HOMES

$1,273,267

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$1,078,329

AVERAGE PRICE OF 102 HOMES WITH A POOL

$672,609

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

$359,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $820,023
Avg Bedrooms 3.57 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $508,708
2 bedrooms $503,625
3 bedrooms $629,876
4 bedrooms $1,128,717
5 bedrooms $1,720,169
Salt Lake City Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,096 1,146 1,126 1,123 1,059
Average Price $812,266 $823,129 $815,970 $804,238 $814,620
Avg Price Change -1.34% +0.88% +1.46% -1.29% n/a
Median Price $569,635 $591,926 $602,928 $599,671 $610,583
Med Price Change -3.91% -1.86% +0.54% -1.82% n/a
Avg Bedrooms 3.57 beds 3.61 beds 3.66 beds 3.66 beds 3.54 beds
Avg Bathrooms 2.66 baths 2.74 baths 2.72 baths 2.67 baths 2.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 185 $859,321 76 days
Highland 144 $841,238 82 days
Kearns 76 $410,063 69 days
Olympus 102 $802,246 68 days
West 182 $795,026 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,014 $820,023 103 days
Multi-Million Dollar Homes 169 $2,258,075 87 days
Newly Built Homes 38 $1,273,267 295 days
Homes with a Pool 102 $1,078,329 57 days
Reduced Price Homes 68 $672,609 43 days
Distressed Homes 2 $359,950 167 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 December 3, 2022. 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 © 2022 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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