Salt Lake County Prices 1Q 2010

Summary of how the Salt Lake County Utah housing market performed in the first quarter 2010.

1st Quarter 2010 Housing Market Update

The first quarter 2010 saw single family home prices decrease in Salt Lake County, dropping from $238,000 to $217,000, a fall of 8.82% in the last 12 months. Surprisingly Salt Lake condo home prices actually rose, going from $160,000 to $162,040, a small rise of 1.28%.

Looking at individual zip codes, 6 areas showed single family median home price increase, with Holladay 84124 returning the highest increase of over 25%. While 24 areas saw their median home price go down, 9 of them see double digit declines, Salt Lake City 84102 experienced the biggest drop of over 22%.

Condo zip codes were evenly split with 7 zip codes going up and 7 going down (the remaining zip codes had fewer than 10 sales so have been excluded). The best performing area was Midvale 84047, where prices increased over 25%. The area experiencing the biggest decline was South Jordan 84095, which went down over 16%.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $352,275 up 1.32%
84020 Draper Condo $173,750 up 2.27%
84044 Magna Single Family $140,000 down 16.67%
84044 Magna Condo $104,500 N/A
84047 Midvale Single Family $197,450 down 1.23%
84047 Midvale Condo $158,500 up 25.79%
84065 Riverton Single Family $280,000 down 6.67%
84065 Riverton Condo $187,450 N/A
84070 Sandy Single Family $214,000 down 6.96%
84070 Sandy Condo $164,000 N/A
84084 West Jordan Single Family $185,500 down 7.25%
84084 West Jordan Condo $164,900 down 5.3%
84088 West Jordan Single Family $210,000 down 11.58%
84088 West Jordan Condo $176,000 down 1.15%
84092 Sandy Single Family $320,000 down 8.57%
84092 Sandy Condo No Sales N/A
84093 Sandy Single Family $267,000 down 7.29%
84093 Sandy Condo $233,000 N/A
84094 Sandy Single Family $216,848 down 5.37%
84094 Sandy Condo $192,500 N/A
84095 South Jordan Single Family $296,736 down 6.54%
84095 South Jordan Condo $177,725 down 16.51%
84096 Herriman Single Family $250,500 down 5.47%
84096 Herriman Condo $147,450 N/A
84101 Salt Lake City Single Family $70,000 N/A
84101 Salt Lake City Condo $279,250 N/A
84102 Salt Lake City Single Family $222,450 down 22.89%
84102 Salt Lake City Condo $191,400 up 8.44%
84103 Salt Lake City Single Family $281,500 down 19.57%
84103 Salt Lake City Condo $154,750 down 4.42%
84104 Salt Lake City Single Family $124,000 down 4.58%
84104 Salt Lake City Condo $78,000 N/A
84105 Salt Lake City Single Family $253,000 down 11.23%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake City Single Family $206,183 down 15.33%
84106 Salt Lake City Condo $165,000 up 23.13%
84107 Murray Single Family $185,300 down 14.47%
84107 Murray Condo $140,000 up 7.69%
84108 Salt Lake City Single Family $353,000 up 0.30%
84108 Salt Lake City Condo $211,500 N/A
84109 Salt Lake City Single Family $274,950 up 0.07%
84109 Salt Lake City Condo $146,500 N/A
84111 Salt Lake City Single Family $125,000 N/A
84111 Salt Lake City Condo $124,500 N/A
84115 South Salt Lake Single Family $172,000 up 2.38%
84115 South Salt Lake Condo $152,995 N/A
84116 Salt Lake City Single Family $149,450 down 8.87%
84116 Salt Lake City Condo $83,400 N/A
84117 Holladay Single Family $285,000 down 9.52%
84117 Holladay Condo $170,000 up 21.47%
84118 Taylorsville/Kearns Single Family $151,500 down 10.88%
84118 Taylorsville/Kearns Condo $220,000 N/A
84119 West Valley City Single Family $159,000 up 6%
84119 West Valley City Condo $124,000 down 9.49%
84120 West Valley City Single Family $160,000 down 6.02%
84120 West Valley City Condo $121,500 N/A
84121 Cottonwood Single Family $270,000 down 6.90%
84121 Cottonwood Condo $225,000 up 3.69%
84123 Taylorsville/Murray Single Family $200,000 down 1.96%
84123 Taylorsville/Murray Condo $122,900 down 6.87%
84124 Holladay Single Family $327,000 up 25.77%
84124 Holladay Condo $270,000 down 10.74%
84128 West Valley City Single Family $165,000 down 10.57%
84128 West Valley City Condo $147,800 N/A
Data for home prices information provided by WFRMLS