Salt Lake County Prices 2Q 2012

Summary of how the Salt Lake County Utah housing market performed in the second quarter 2012.

2nd Quarter 2012 Housing Market Update

For the first time in a long time the median home price for a Salt Lake County home actually increased in the second quarter 2012. The median home price for a single family home stood at $212,500, an increase of 4.94% over last years second quarter price. Driven by strong home sales (up 13.94%), Salt Lake Homes were in demand, with most zip codes returning median home price increases. A total of 25 zip codes saw their median home price increase, while just 5 zip codes went down. The best performing area was Holladay where both zip codes returned sizeable increases with 84117 going up 30% and 84124 going up 15.95%.

Salt Lake Condos also experienced median price increases, increasing 3.85% to $135,000.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $340,000 down 7.86%
84020 Draper Condo $170,000 N/A
84044 Magna Single Family $123,000 No Change
84044 Magna Condo $50.960 N/A
84047 Midvale Single Family $166,125 up 0.49%
84047 Midvale Condo $130,750 up 0.06%
84065 Riverton Single Family $262,500 up 2.7%
84065 Riverton Condo $95,500 N/A
84070 Sandy Single Family $179,500 down 2.58%
84070 Sandy Condo $122,400 N/A
84084 West Jordan Single Family $176,500 up 13.21%
84084 West Jordan Condo $98,550 N/A
84088 West Jordan Single Family $206,000 up 3.52%
84088 West Jordan Condo $191,250 N/A
84092 Sandy Single Family $324,900 up 14%
84092 Sandy Condo $410,000 N/A
84093 Sandy Single Family $300,000 up 4.17%
84093 Sandy Condo $195,000 N/A
84094 Sandy Single Family $198,400 up 7.30%
84094 Sandy Condo $104,000 N/A
84095 South Jordan Single Family $304,600 up 7.11%
84095 South Jordan Condo $134,950 N/A
84096 Herriman Single Family $244,000 down 5.43%
84096 Herriman Condo $123,900 N/A
84101 Salt Lake City Single Family $120,000 N/A
84101 Salt Lake City Condo $189,950 down 7.34%
84102 Salt Lake City Single Family $255,000 up 21.43%
84102 Salt Lake City Condo $151,500 up 20.96%
84103 Salt Lake City Single Family $330,000 up 3.77%
84103 Salt Lake City Condo $167,500 N/A
84104 Salt Lake City Single Family $87,000 down 3.60%
84104 Salt Lake City Condo $35,000 N/A
84105 Salt Lake City Single Family $266,000 up 0.19%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake City Single Family $211,750 down 3.71%
84106 Salt Lake City Condo $107,600 down 11.80%
84107 Murray Single Family $203,500 up 23.33%
84107 Murray Condo $86,000 down 29.51%
84108 Salt Lake City Single Family $370,000 up 2.08%
84108 Salt Lake City Condo $225,000 N/A
84109 Salt Lake City Single Family $265,000 up 3.82%
84109 Salt Lake City Condo $114,500 N/A
84111 Salt Lake City Single Family $180,000 up 20%
84111 Salt Lake City Condo $144.400 up 3.59%
84115 South Salt Lake Single Family $153,250 up 3.23%
84115 South Salt Lake Condo $75,000 N/A
84116 Salt Lake City Single Family $129,475 up 19.88%
84116 Salt Lake City Condo $56,809 N/A
84117 Holladay Single Family $371,000 up 30.18%
84117 Holladay Condo $131,500 up 17.41%
84118 Taylorsville/Kearns Single Family $130,000 up 1.29%%
84118 Taylorsville/Kearns Condo No Sales N/A
84119 West Valley City Single Family $132,550 up 5.20%
84119 West Valley City Condo $90,000 N/A
84120 West Valley City Single Family $140,000 up 7.28%
84120 West Valley City Condo $147,500 N/A
84121 Cottonwood Single Family $280,000 up 5.68%
84121 Cottonwood Condo $168,500 N/A
84123 Taylorsville/Murray Single Family $199,000 up 1.79%
84123 Taylorsville/Murray Condo $62,900 N/A
84124 Holladay Single Family $309,900 up 15.59%
84124 Holladay Condo $195,000 N/A
84128 West Valley City Single Family $151,375 up 7.36%
84128 West Valley City Condo No Sales N/A
Data for home prices information provided by WFRMLS