Salt Lake County Prices 1Q 2013

Summary of how the Salt Lake County Utah housing market performed in the first quarter 2013.

1st Quarter 2013 Housing Market Update

The improving Salt Lake Housing Market continued in the 1st quarter 2013, with median home prices for single family homes increasing 18.95%. While the number of homes sold hardly changed over the last 12 months (just 0.36% more), a tightening of the inventory level (fewer homes for sale) resulted in keen competition among home buyers, driving up home prices.

The condo housing market which had been lagging behind single family homes had a pretty good quarter. On the back of stronger sales that were up 26.61%, the median price for a Salt Lake County condo rose 14.16% in the quarter. Condos were also selling faster, with the median days on market dropping a healthy 20.88%, to 72 days.

When we look the stats at a zip code level, Holladay 84117 had the best performance, returning an impressive 40.66% for the median sales price. In fact only one zip code saw its median sales price drop, with the Salt Lake City zip code 84102 falling 9.19%.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $375,000 up 9.57%
84020 Draper Condo $146,000 N/A
84044 Magna Single Family $140,000 up 27.39%
84044 Magna Condo $69,975 N/A
84047 Midvale Single Family $175,000 up 12.98%
84047 Midvale Condo $128,500 N/A
84065 Riverton Single Family $279,450 up 16.44%
84065 Riverton Condo $164,900 N/A
84070 Sandy Single Family $204,000 up 14.93%
84070 Sandy Condo $143,200 N/A
84084 West Jordan Single Family $184,800 up 18.39%
84084 West Jordan Condo $104,900 N/A
84088 West Jordan Single Family $232,000 up 17.77%
84088 West Jordan Condo $220,000 N/A
84092 Sandy Single Family $340,000 up 13.52%
84092 Sandy Condo No Sales N/A
84093 Sandy Single Family $296,000 up 15.63%
84093 Sandy Condo $285,382 N/A
84094 Sandy Single Family $210,000 up 4.22%
84094 Sandy Condo $113,750 N/A
84095 South Jordan Single Family $316,000 up 19.25%
84095 South Jordan Condo $150,000 N/A
84096 Herriman Single Family $276,000 up 11.52%
84096 Herriman Condo $129,050 N/A
84101 Salt Lake City Single Family $139,900 N/A
84101 Salt Lake City Condo $200,000 up 5.29%
84102 Salt Lake City Single Family $212,500 down 9.19%
84102 Salt Lake City Condo $149,900 down 19.84%
84103 Salt Lake City Single Family $393,000 up 21.18%
84103 Salt Lake City Condo $240,500 up 54.66%
84104 Salt Lake City Single Family $108,000 up 24.14%
84104 Salt Lake City Condo $42,500 N/A
84105 Salt Lake City Single Family $267,000 up 6.16%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake City Single Family $232,000 up 16.06%
84106 Salt Lake City Condo $120,000 up 8.35%
84107 Murray Single Family $214,000 up 9.77%
84107 Murray Condo $95,000 up 2.7%
84108 Salt Lake City Single Family $369,900 up 8.63%
84108 Salt Lake City Condo $183,500 N/A
84109 Salt Lake City Single Family $317,000 up 21.87%
84109 Salt Lake City Condo $145,000 N/A
84111 Salt Lake City Single Family $191,700 up 39.42%
84111 Salt Lake City Condo $185,000 up 72.90%
84115 South Salt Lake Single Family $169,000 up 24.92%
84115 South Salt Lake Condo $103,500 N/A
84116 Salt Lake City Single Family $140,000 up 16.76%
84116 Salt Lake City Condo $67,000 N/A
84117 Holladay Single Family $339,000 up 40.66%
84117 Holladay Condo $105,000 down 22.22%
84118 Taylorsville/Kearns Single Family $140,000 up 12%
84118 Taylorsville/Kearns Condo No Sales N/A
84119 West Valley City Single Family $155,000 up 26.27%
84119 West Valley City Condo $89,500 N/A
84120 West Valley City Single Family $153,000 up 18.70%
84120 West Valley City Condo $157,200 N/A
84121 Cottonwood Single Family $284,250 up 5.38%
84121 Cottonwood Condo $185,000 down 20.43%
84123 Taylorsville/Murray Single Family $225,000 up 19.36%%
84123 Taylorsville/Murray Condo $79,500 N/A
84124 Holladay Single Family $311,250 up 7.33%
84124 Holladay Condo $216,000 N/A
84128 West Valley City Single Family $174,550 up 17.54%
84128 West Valley City Condo No Sales N/A
Data for home prices information provided by WFRMLS