If you need assistance, please call 801-318-1424

Salt Lake City Market Report

$929,749

AVERAGE PRICE OF 716 HOMES

$366,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,325,718

AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

$1,403,982

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$1,044,065

AVERAGE PRICE OF 83 HOMES WITH A POOL

$770,277

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $929,749
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $386,154
2 bedrooms $475,264
3 bedrooms $622,130
4 bedrooms $763,532
5 bedrooms $1,303,399
Salt Lake City Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 746 789 783 927 1,080
Average Price $909,681 $860,951 $844,165 $823,369 $804,940
Avg Price Change +5.66% +1.99% +2.53% +2.29% -1.21%
Median Price $576,326 $557,205 $556,528 $558,234 $565,412
Med Price Change +3.43% +0.12% -0.31% -1.29% -3.82%
Avg Bedrooms 3.4 beds 3.38 beds 3.33 beds 3.28 beds 3.28 beds
Avg Bathrooms 2.54 baths 2.48 baths 2.41 baths 2.35 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 46 $780,134 93 days
East 139 $1,064,453 68 days
Highland 122 $821,713 64 days
Olympus 48 $722,740 75 days
West 158 $810,484 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 716 $929,749 80 days
Distressed Homes 3 $366,633 75 days
Multi-Million Dollar Homes 158 $2,325,718 105 days
Newly Built Homes 36 $1,403,982 85 days
Homes with a Pool 83 $1,044,065 71 days
Reduced Price Homes 23 $770,277 59 days
Lifestyle Real Estate Team
Tawnya Krull
3300 N. Triumph Blvd Suite 100
Lehi, UT 84043
801-318-1424
Office Address:
330 N. Triumph Blvd Suite 100
Lehi, UT 84043

Amber Cox | 801-427-4944
Phyllis Ann Poynter | 801-850-7005
Jeni Bennion | 801-859-3609
Brandon Francis | 801-243-4991
Meghan Saenz l 801-918-4481
Iryna Swallow l 385-283-7281
Haylee Dagley l 619-807-1406
Laura Snow l 512-619-0143

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of April 2, 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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