Salt Lake County Prices 2Q 2009
Summary of how the Salt Lake County Utah housing market performed in the second quarter 2009.
2nd Quarter 2009 Housing Market Update
Home prices continued to struggle in the second quarter 2009, with all but one Salt Lake County zip code declining in value. The only zip code to see single family homes increase in value was 84119 (West Valley City), where the median home price increased 2.06%. Condos performed slight better with six zip codes increasing in value and 10 zip codes declining in value. The best performing area was Murray (84107) which returned an increase of 17.87%. The downtown Salt Lake City condo market continued to struggle with fewer than 10 sales in the entire quarter.
If we look at this quarters home sales data compared to the last quarter, then the picture appears to be brighter. While we still saw more zip codes go down in value than up, there were a total of 12 zip codes that actually increased their median home price.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84020 | Draper | Single Family | $343,000 | down 8.13% |
| 84020 | Draper | Condo | $192,000 | down 6.42% |
| 84044 | Magna | Single Family | $143,850 | down 15.49% |
| 84044 | Magna | Condo | $206,000 | down 6.32% |
| 84047 | Midvale | Single Family | $148,900 | down 24.32% |
| 84047 | Midvale | Condo | $148,900 | down 24.32% |
| 84065 | Riverton | Single Family | $300,000 | down 0.99% |
| 84065 | Riverton | Condo | $197,000 | up 3.68% |
| 84070 | Sandy | Single Family | $214,000 | down 5.81% |
| 84070 | Sandy | Condo | $186,950 | up 4.73% |
| 84084 | West Jordan | Single Family | $294,000 | down 7.90% |
| 84084 | West Jordan | Condo | $166,966 | down 0.62% |
| 84088 | West Jordan | Single Family | $230,950 | down 16.02% |
| 84088 | West Jordan | Condo | $182,400 | down 4.48% |
| 84092 | Sandy | Single Family | $357,250 | down 2.39% |
| 84092 | Sandy | Condo | No Sales | N/A |
| 84093 | Sandy | Single Family | $281,450 | down 19.57% |
| 84093 | Sandy | Condo | $259,000 | N/A |
| 84094 | Sandy | Single Family | $230,125 | down 27.91% |
| 84094 | Sandy | Condo | $256,250 | N/A |
| 84095 | South Jordan | Single Family | $303,000 | down 19.20% |
| 84095 | South Jordan | Condo | $175,900 | N/A |
| 84096 | Herriman | Single Family | $269,900 | down 11.51% |
| 84096 | Herriman | Condo | $178.450 | down 1.96% |
| 84101 | Salt Lake City | Single Family | $149,400 | N/A |
| 84101 | Salt Lake City | Condo | $218,750 | N/A |
| 84102 | Salt Lake City | Single Family | $223,875 | down 21.58% |
| 84102 | Salt Lake City | Condo | $200,000 | up 14.35% |
| 84103 | Salt Lake City | Single Family | $361,000 | down 4.37% |
| 84103 | Salt Lake City | Condo | $176,900 | up 8.53% |
| 84104 | Salt Lake City | Single Family | $128,332 | down 9.63% |
| 84104 | Salt Lake City | Condo | $49,700 | N/A |
| 84105 | Salt Lake City | Single Family | $260,000 | down 5.11% |
| 84105 | Salt Lake City | Condo | $150,000 | N/A |
| 84106 | Salt Lake City | Single Family | $233,000 | down 9.34% |
| 84106 | Salt Lake City | Condo | $152,655 | down 17.04% |
| 84107 | Murray | Single Family | $213,500 | down 2.51% |
| 84107 | Murray | Condo | $155,000 | up 17.87% |
| 84108 | Salt Lake City | Single Family | $380,000 | down 1.81% |
| 84108 | Salt Lake City | Condo | $224,900 | down 13.50% |
| 84109 | Salt Lake City | Single Family | $285,600 | down 10.75% |
| 84109 | Salt Lake City | Condo | $152,000 | N/A |
| 84111 | Salt Lake City | Single Family | $175,000 | down 4.89% |
| 84111 | Salt Lake City | Condo | $164,250 | down 21.79% |
| 84115 | South Salt Lake | Single Family | $171,500 | down 9.74% |
| 84115 | South Salt Lake | Condo | $152,000 | N/A |
| 84116 | Salt Lake City | Single Family | $164,600 | down 7.35% |
| 84116 | Salt Lake City | Condo | $93,900 | N/A |
| 84117 | Holladay | Single Family | $315,000 | down 5.26% |
| 84117 | Holladay | Condo | $136,450 | down 1.48% |
| 84118 | Taylorsville/Kearns | Single Family | $170,250 | down 9.44% |
| 84118 | Taylorsville/Kearns | Condo | $164,250 | N/A |
| 84119 | West Valley City | Single Family | $170,950 | up 2.06% |
| 84119 | West Valley City | Condo | $135,000 | up 8.87% |
| 84120 | West Valley City | Single Family | $162,000 | down 16.41% |
| 84120 | West Valley City | Condo | $214,000 | N/A |
| 84121 | Cottonwood | Single Family | $286,500 | down 11.98% |
| 84121 | Cottonwood | Condo | $195,000 | down 9.30% |
| 84123 | Taylorsville/Murray | Single Family | $212,500 | down 3.41% |
| 84123 | Taylorsville/Murray | Condo | $138,500 | down 3.89% |
| 84124 | Holladay | Single Family | $299,500 | down 13.69% |
| 84124 | Holladay | Condo | $200,000 | N/A |
| 84128 | West Valley City | Single Family | $188,260 | down 9.05% |
| 84128 | West Valley City | Condo | $152,500 | N/A |