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Salt Lake City Market Report

$544,278

AVERAGE PRICE OF 1,216 HOMES

$229,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,687,486

AVERAGE PRICE OF 99 MULTI-MILLION DOLLAR HOMES

$458,279

AVERAGE PRICE OF 122 NEWLY BUILT HOMES

$543,661

AVERAGE PRICE OF 183 HOMES WITH A POOL

$560,135

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $544,278
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $316,337
2 bedrooms $370,440
3 bedrooms $461,191
4 bedrooms $576,612
5 bedrooms $795,745
Salt Lake City Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 991 836 760 757 865
Average Price $539,267 $550,823 $540,756 $530,684 $538,223
Avg Price Change -2.14% +1.86% +1.90% -1.42% -1.98%
Median Price $405,164 $411,420 $398,606 $398,383 $401,910
Med Price Change -1.54% +3.21% +0.06% -0.89% -1.94%
Avg Bedrooms 3.37 beds 3.39 beds 3.38 beds 3.33 beds 3.36 beds
Avg Bathrooms 2.46 baths 2.5 baths 2.48 baths 2.47 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 106 $452,866 53 days
East 273 $573,660 63 days
Highland 210 $529,769 53 days
Olympus 105 $523,674 45 days
West 210 $680,217 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,216 $544,278 53 days
Distressed Homes 2 $229,950 163 days
Multi-Million Dollar Homes 99 $1,687,486 85 days
Newly Built Homes 122 $458,279 83 days
Homes with a Pool 183 $543,661 61 days
Reduced Price Homes 64 $560,135 42 days
Realty One Group Lifestyle | Bowen Adams Real Estate Team
Kris Bowen
13894 South Bangerter Pkwy
Draper, UT 84020
801-999-8005

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of May 31, 2020. 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 © 2020 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.