Salt Lake County Prices 1Q 2007

Summary of how the Salt Lake County Utah housing market performed in the first quarter 2007.

1st Quarter 2007 Housing Market Update

While much of the rest of the U.S. is in a housing slowdown Salt Lake County Utah appears to be bucking the trend with strong homes sale data.

All but 5 zip codes experienced double digit growth in single family home prices from the 1st quarter 2006 to the 1st quarter 2007 and none of the zip codes went down. For condos only 1 zip code saw single digit growth, the rest went up more than 10%. The largest single family median home price gain was seen in one of the lesser expensive areas, the West Valley zip code of 84128 went up an impressive 35.32%. For condos the largest increase was seen in 84070 (Sandy) where the median price went up 77.84% to $239,900.

Because areas that experience very few home sales in the quarter tend to show large fluctuations, I have excluded data for any area with fewer than 10 sales.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $380,147 up 6.19%
84020 Draper Condo $269,450 up 45.65%
84044 Magna Single Family $165,975 up 24.79%
84044 Magna Condo $98,000 up 18.79%
84047 Midvale Single Family $210,000 up 17.98%
84047 Midvale Condo $134,400 up 16.36%
84065 Riverton Single Family $304,900 up 18.78%
84065 Riverton Condo $191,000 up 12.68%
84070 Sandy Single Family $233,000 up 25.67%
84070 Sandy Condo $239,900 up 77.84%
84084 West Jordan Single Family $226,500 up 25.14%
84084 West Jordan Condo $167,900 up 35.11%
84088 West Jordan Single Family $267,000 up 24.19%
84088 West Jordan Condo $186,500 up 24.67%
84092 Sandy Single Family $420,000 up 16.38%
84092 Sandy Condo N/A N/A
84093 Sandy Single Family $345,000 up 25.45%
84093 Sandy Condo N/A N/A
84094 Sandy Single Family $256,500 up 27.77%
84094 Sandy Condo $255,750 up 29.86%
84095 South Jordan Single Family $360,007 up 22.08%
84095 South Jordan Condo $198,750 up 1.98%
84101 Salt Lake City Single Family $138,500 up 8.34%
84101 Salt Lake City Condo $290,000 up 20.83%
84102 Salt Lake City Single Family $265,625 up 26.34%
84102 Salt Lake City Condo $177,250 up 33.27%
84103 Salt Lake City Single Family $414,338 up 20.1%
84103 Salt Lake City Condo $159,900 up 20.23%
84104 Salt Lake City Single Family $132,250 up 20.76%
84104 Salt Lake City Condo N/A N/A
84105 Salt Lake City Single Family $286,000 up 2.51%
84105 Salt Lake City Condo N/A N/A
84106 Salt Lake City Single Family $271,356 up 15.59%
84106 Salt Lake City Condo $200,000 up 20.43%
84107 Murray Single Family $244,950 up 19.49%
84107 Murray Condo $119,150 up 29.51%
84108 Salt Lake City Single Family $401,550 up 20.79%
84108 Salt Lake City Condo $309,000 up 12.36%
84109 Salt Lake City Single Family $312,500 up 14.68%
84109 Salt Lake City Condo N/A N/A
84111 Salt Lake City Single Family $173,850 up 24.18%
84111 Salt Lake City Condo $175,875 up 37.7%
84115 South Salt Lake Single Family $169,500 up 18.95%
84115 South Salt Lake Condo $205,000 up 77.57%
84116 Salt Lake City Single Family $159,500 up 23.09%
84116 Salt Lake City Condo $122,500 up 88.61%
84117 Holladay Single Family $370,000 up 0.37%
84117 Holladay Condo $180,300 up 40.86%
84118 Taylorsville/Kearns Single Family $180,150 up 22.52%
84118 Taylorsville/Kearns Condo N/A N/A
84119 West Valley City Single Family $179,900 up 28.5%
84119 West Valley City Condo $139,000 up 24.33%
84120 West Valley City Single Family $185,000 up 21.75%
84120 West Valley City Condo N/A N/A
84121 Cottonwood Single Family $325,000 up 14.86%
84121 Cottonwood Condo $224,900 up 21.57%
84123 Taylorsville/Murray Single Family $230,950 up 5.58%
84123 Taylorsville/Murray Condo $115,500 up 14.36%
84124 Holladay Single Family $344,875 up 12.7%
84124 Holladay Condo N/A N/A
84128 West Valley City Single Family $212,450 up 35.32%
84128 West Valley City Condo N/A N/A
Data for home prices information provided by WFRMLS