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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

$856,675

AVERAGE PRICE OF 815 HOMES

$2,380,976

AVERAGE PRICE OF 145 MULTI-MILLION DOLLAR HOMES

$1,276,246

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$1,108,148

AVERAGE PRICE OF 91 HOMES WITH A POOL

$321,225

AVERAGE PRICE OF 4 DISTRESSED HOMES

$605,894

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $856,675
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.8 baths

Average Price by Bedrooms

1 bedroom $514,531
2 bedrooms $499,234
3 bedrooms $552,632
4 bedrooms $1,370,133
5 bedrooms $1,741,058
Salt Lake City Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 800 941 1,096 1,146 1,126
Average Price $854,514 $830,856 $812,266 $823,129 $815,970
Avg Price Change +2.85% +2.29% -1.34% +0.88% +1.46%
Median Price $561,919 $561,937 $569,635 $591,926 $602,928
Med Price Change 0.00% -1.37% -3.91% -1.86% +0.54%
Avg Bedrooms 3.56 beds 3.56 beds 3.57 beds 3.61 beds 3.66 beds
Avg Bathrooms 2.75 baths 2.69 baths 2.66 baths 2.74 baths 2.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 63 $740,376 69 days
East 144 $952,637 87 days
Highland 108 $810,589 86 days
Olympus 70 $717,170 88 days
West 152 $811,835 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 815 $856,675 106 days
Multi-Million Dollar Homes 145 $2,380,976 109 days
Newly Built Homes 39 $1,276,246 182 days
Homes with a Pool 91 $1,108,148 69 days
Distressed Homes 4 $321,225 132 days
Reduced Price Homes 40 $605,894 79 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 February 6, 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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