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

Salt Lake City Market Report

$923,212

AVERAGE PRICE OF 873 HOMES

$2,197,861

AVERAGE PRICE OF 194 MULTI-MILLION DOLLAR HOMES

$972,869

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$1,024,392

AVERAGE PRICE OF 105 HOMES WITH A POOL

$811,606

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

$358,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $923,212
Avg Bedrooms 3.67 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $366,807
2 bedrooms $485,613
3 bedrooms $704,668
4 bedrooms $939,389
5 bedrooms $1,461,805
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 195 $954,550 50 days
Highland 141 $891,683 54 days
Olympus 74 $730,245 49 days
Skyline 54 $1,216,252 48 days
West 147 $994,719 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 873 $923,212 94 days
Multi-Million Dollar Homes 194 $2,197,861 82 days
Newly Built Homes 42 $972,869 377 days
Homes with a Pool 105 $1,024,392 82 days
Reduced Price Homes 51 $811,606 49 days
Distressed Homes 1 $358,000 185 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 3, 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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