Salt Lake County Prices 3Q 2005
Summary of how the Salt Lake County Utah housing market performed in the third quarter 2005.
3rd Quarter 2005 Housing Market Update
The table below shows the median home prices for the 3rd quarter 2005 compared to 3rd quarter 2004. The chart covers the Wasatch Front area of Salt Lake and is broken down by postcode.
Again we saw a strong and broad increase in home prices for the 2nd successive quarter. While it is no where near the increases seen in other parts of the country it is a welcome change to the flat home price increases seen over the last few years. A recent report in the New York Times places Salt Lake City as the most undervalued market in the U.S., with the 2004 prices 23% below their expected level, based on criteria such as population density, average income, and historical prices.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84020 | Draper | Single Family | $339,000 | up 17.50% |
| 84020 | Draper | Condo | $149,837 | down 4.56% |
| 84044 | Magna | Single Family | $128,000 | up 12.08% |
| 84044 | Magna | Condo | $81,300 | up 8.04% |
| 84047 | Midvale | Single Family | $169,950 | up 20.21% |
| 84047 | Midvale | Condo | $125,500 | up 28.19% |
| 84065 | Riverton | Single Family | $239,500 | up 17.46% |
| 84065 | Riverton | Condo | $142,500 | up 7.63% |
| 84070 | Sandy | Single Family | $166,900 | up 4.64% |
| 84070 | Sandy | Condo | $145,750 | up 11.43% |
| 84084 | West Jordan | Single Family | $164,070 | up 10.86% |
| 84084 | West Jordan | Condo | $124,450 | up 2.01% |
| 84088 | West Jordan | Single Family | $199,000 | up 16.72% |
| 84088 | West Jordan | Condo | $144,995 | down 2.24% |
| 84092 | Sandy | Single Family | $302,450 | up 12.02% |
| 84092 | Sandy | Condo | $108,500 | down 60.39% |
| 84093 | Sandy | Single Family | $280,000 | up 17.65% |
| 84093 | Sandy | Condo | $217,000 | down 62.71% |
| 84094 | Sandy | Single Family | $187,500 | up 7.39% |
| 84094 | Sandy | Condo | $165,800 | up 65.80% |
| 84095 | South Jordan | Single Family | $276,050 | up 2.62% |
| 84095 | South Jordan | Condo | $182,000 | up 7.12% |
| 84101 | Salt Lake City | Single Family | $119,700 | down 12.92% |
| 84101 | Salt Lake City | Condo | $207,000 | up 20% |
| 84102 | Salt Lake City | Single Family | $245,000 | up 51.23% |
| 84102 | Salt Lake City | Condo | $137,999 | up 8.07% |
| 84103 | Salt Lake City | Single Family | $315,000 | up 9.57% |
| 84103 | Salt Lake City | Condo | $130,500 | up 24.88% |
| 84104 | Salt Lake City | Single Family | $100,000 | up 7.35% |
| 84104 | Salt Lake City | Condo | $51,000 | down 21.54% |
| 84105 | Salt Lake City | Single Family | $229,450 | up 12.23% |
| 84105 | Salt Lake City | Condo | $110,000 | N/A |
| 84106 | Salt Lake City | Single Family | $205,000 | up 16.15% |
| 84106 | Salt Lake City | Condo | $152,500 | up 19.23% |
| 84107 | Murray | Single Family | $189,000 | up 21.78% |
| 84107 | Murray | Condo | $102,375 | down 8.59% |
| 84108 | Salt Lake City | Single Family | $300,000 | down 0.33% |
| 84108 | Salt Lake City | Condo | $264,600 | up 29.87% |
| 84109 | Salt Lake City | Single Family | $247,000 | up 12.89% |
| 84109 | Salt Lake City | Condo | $106,500 | down 9.75% |
| 84111 | Salt Lake City | Single Family | $130,750 | up 10.34% |
| 84111 | Salt Lake City | Condo | $126,500 | up 39.86% |
| 84115 | South Salt Lake | Single Family | $139,850 | up 11.88% |
| 84115 | South Salt Lake | Condo | $128,500 | up 88.97% |
| 84116 | Salt Lake City | Single Family | $128,750 | up 14.96% |
| 84116 | Salt Lake City | Condo | $69,800 | up 6.56% |
| 84117 | Holladay | Single Family | $317,200 | up 35.99% |
| 84117 | Holladay | Condo | $119,450 | down 7.40% |
| 84118 | Taylorsville/Kearns | Single Family | $138,000 | up 7.18% |
| 84118 | Taylorsville/Kearns | Condo | $144,900 | down 1.09% |
| 84119 | West Valley City | Single Family | $136,950 | up 7.88% |
| 84119 | West Valley City | Condo | $106,000 | down 0.43% |
| 84120 | West Valley City | Single Family | $142,250 | up 7.77% |
| 84120 | West Valley City | Condo | $92,500 | down 8.33% |
| 84121 | Cottonwood | Single Family | $285,500 | up 34.67% |
| 84121 | Cottonwood | Condo | $189,900 | up 13.04% |
| 84123 | Taylorsville/Murray | Single Family | $182,450 | up 5.46% |
| 84123 | Taylorsville/Murray | Condo | $100,200 | up 3.30% |
| 84124 | Holladay | Single Family | $300,900 | up 21.82% |
| 84124 | Holladay | Condo | $165,500 | up 14.14% |
| 84128 | West Valley City | Single Family | $154,900 | up 14.83% |
| 84128 | West Valley City | Condo | $126,725 | down 8.78% |
Data for home prices information provided by WFRMLS