Salt Lake County 2nd Quarter 2017 Median Home Prices

Summary of how the Salt Lake County Utah housing market performed in the second quarter 2017.

2nd Quarter 2017 Housing Market Update

The Salt Lake Housing Market was red hot in the 2nd quarter 2017. The lack of homes for sale meant there was a very strong demand for those homes that were listed, often leading to multiple offers the same day. The median sales price was just below $300,000 at $299,900, that’s an increase of 11.08%. While the number of sales actually dropped (down 4.77% due to fewer homes being listed), the amount of time taken to sell a home stood at just 7 days, signs of a very strong market.

Single Family Home Sales

Single family home prices continued to climb, with the new median sales price of $330,000, a 10% increase over the 2nd quarter 2016. The number of homes sold declined markedly, down 4.91%, but the amount of time taken to sell dropped 12.50% to stand at just 7 days.

Condo Home Sales

Condo home sales performed even better than single family homes, with median sales price increasing 12.72%. The outstanding stat was days on market which declined 50% to just 6 days, while the total number of sales saw a slight decline of 1.21%.

Zip Code City Property Type Median Price Percentage Change
84009 * South Jordan Single Family $390,000 up 5.71%
84009 * South Jordan Condo $155,000 N/A
84020 Draper Single Family $504,250 up 9.74%
84020 Draper Condo $211,250 N/A
84044 Magna Single Family $221,000 up 10.50%
84044 Magna Condo $120,200 N/A
84047 Midvale Single Family $270,000 up 9.09%
84047 Midvale Condo $170,350 up 19.96%
84065 Riverton Single Family $370,000 up 3.55%
84065 Riverton Condo $264,500 N/A
84070 Sandy Single Family $300,000 up 11.15%
84070 Sandy Condo $186,000 up 15.17%
84084 West Jordan Single Family $264,500 up 7.09%
84084 West Jordan Condo $180,000 up 7.94%
84088 West Jordan Single Family $315,000 up 11.01%
84088 West Jordan Condo $231,250 N/A
84092 Sandy Single Family $429,000 up 7.25%
84092 Sandy Condo $380,000 N/A
84093 Sandy Single Family $432,000 up 12.81%
84093 Sandy Condo $924,000 N/A
84094 Sandy Single Family $304,200 up 6.83%
84094 Sandy Condo $202,000 N/A
84095 South Jordan Single Family $470,000 up 17.50%
84095 South Jordan Condo $300,000 N/A
84096 Herriman Single Family $360,500 up 4.64%
84096 Herriman Condo $189,430 N/A
84101 Salt Lake City Single Family $190,000 N/A
84101 Salt Lake City Condo $316,350 up 14.83%
84102 Salt Lake City Single Family $413,000 up 22.19%
84102 Salt Lake City Condo $213,500 up 5.67%
84103 Salt Lake City Single Family $502,000 up 2.03%
84103 Salt Lake City Condo $209,200 down 1.55%
84104 Salt Lake City Single Family $190,000 up 13.10%
84104 Salt Lake City Condo $87,500 N/A
84105 Salt Lake City Single Family $420,000 up 6.63%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake City Single Family $344,000 up 7.50%
84106 Salt Lake City Condo $160,500 down 2.73%
84107 Murray Single Family $298,200 up 10.46%
84107 Murray Condo $145,000 up 18.85%
84108 Salt Lake City Single Family $563,000 up 20.43%
84108 Salt Lake City Condo $331,500 N/A
84109 Salt Lake City Single Family $413,575 up 5.65%
84109 Salt Lake City Condo $233,700 N/A
84111 Salt Lake City Single Family $298,500 up 19.88%
84111 Salt Lake City Condo $232,500 down 16.06%
84115 South Salt Lake Single Family $262,450 up 13.13%
84115 South Salt Lake Condo $162,000 N/A
84116 Salt Lake City Single Family $225,000 up 7.14%
84116 Salt Lake City Condo $100,350 N/A
84117 Holladay Single Family $446,500 up 3.72%
84117 Holladay Condo $194,000 up 38.67%
84118 Taylorsville/Kearns Single Family $230,000 up 8.49%
84118 Taylorsville/Kearns Condo $109,950 N/A
84119 West Valley City Single Family $244,000 up 13.49%
84119 West Valley City Condo $155,000 up 19.23%
84120 West Valley City Single Family $240,000 up 12.18%
84120 West Valley City Condo $215,000 N/A
84121 Cottonwood Single Family $424,450 up 11.70%
84121 Cottonwood Condo $253,750 up 41.05%
84123 Taylorsville/Murray Single Family $297,500 up 4.94%
84123 Taylorsville/Murray Condo $130,000 up 18.18%
84124 Holladay Single Family $470,000 up 21.76%
84124 Holladay Condo $220,000 down 10.75%
84128 West Valley City Single Family $252,000 up 9.80%
84128 West Valley City Condo $180,000 N/A
Data for home prices information provided by WFRMLS.
* The 84009 zip code was added to South Jordan in the 3rd quarter 2015.