Salt Lake County Prices 3Q 2007

Summary of how the Salt Lake County Utah housing market performed in the third quarter 2007.

3rd Quarter 2007 Housing Market Update

In the 2nd quarter 2007 Salt Lake County home prices continued to climb but at a much slower pace than that seen over the last 2 years. Most zip codes went up, but there were more single digit increases than we have recently seen and in some areas, prices went down. While the local economy remains very strong, the real estate market is coming under pressure from the recent credit crunch.

Because areas that experience very few home sales in the quarter tend to show large price fluctuations, areas with fewer than 10 sales have been excluded.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $394,450 up 9.58%
84020 Draper Condo $215,000 up 1.18%
84044 Magna Single Family $180,000 up 16.6%
84044 Magna Condo N/A N/A
84047 Midvale Single Family $220,000 up 2.33%
84047 Midvale Condo $155,000 up 16.54%
84065 Riverton Single Family $374,545 up 18.62%
84065 Riverton Condo $201,750 up 11.19%
84070 Sandy Single Family $249,900 up 14.11%
84070 Sandy Condo $178,500 down 2.52%
84084 West Jordan Single Family $225,000 up 7.66%
84084 West Jordan Condo $189,000 up 18.94%
84088 West Jordan Single Family $274,000 up 5.38%
84088 West Jordan Condo $198,000 up 13.18%
84092 Sandy Single Family $397,950 up 7.57%
84092 Sandy Condo N/A N/A
84093 Sandy Single Family $347,600 up 0.75%
84093 Sandy Condo N/A N/A
84094 Sandy Single Family $251,050 up 0.82%
84094 Sandy Condo N/A N/A
84095 South Jordan Single Family $368,000 up 6.05%
84095 South Jordan Condo $234,000 N/A
84101 Salt Lake City Single Family N/A N/A
84101 Salt Lake City Condo $305,000 up 14.58%
84102 Salt Lake City Single Family $258,000 up 11.22%
84102 Salt Lake City Condo $185,250 up 12.31%
84103 Salt Lake City Single Family $390,000 down 11.86%
84103 Salt Lake City Condo $147,290 up 6.73%
84104 Salt Lake City Single Family $147,500 up 13.55%
84104 Salt Lake City Condo N/A N/A
84105 Salt Lake City Single Family $298,250 up 7.28%
84105 Salt Lake City Condo N/A N/A
84106 Salt Lake City Single Family $260,000 up 4.58%
84106 Salt Lake City Condo $193,000 up 19.14%
84107 Murray Single Family $260,000 up 8.33%
84107 Murray Condo $139,300 up 26.64%
84108 Salt Lake City Single Family $397,500 up 2.05%
84108 Salt Lake City Condo N/A N/A
84109 Salt Lake City Single Family $350,000 up 10.6%
84109 Salt Lake City Condo N/A N/A
84111 Salt Lake City Single Family $209,000 up 22.94%
84111 Salt Lake City Condo $158,000 up 27.68%
84115 South Salt Lake Single Family $184,000 up 12.2%
84115 South Salt Lake Condo $132,000 down 26.07%
84116 Salt Lake City Single Family $178,950 up 21.69%
84116 Salt Lake City Condo $89,450 down 4.75%
84117 Holladay Single Family $395,000 up 3.67%
84117 Holladay Condo $142,000 up 20.34%
84118 Taylorsville/Kearns Single Family $195,000 up 15.08%
84118 Taylorsville/Kearns Condo N/A N/A
84119 West Valley City Single Family $178,000 up 13.41%
84119 West Valley City Condo $145,501 up 21.25%
84120 West Valley City Single Family $195,500 up 11.75%
84120 West Valley City Condo $177,900 N/A
84121 Cottonwood Single Family $337,000 up 2.32%
84121 Cottonwood Condo $206,450 up 18.99%
84123 Taylorsville/Murray Single Family $234,000 down 0.85%
84123 Taylorsville/Murray Condo $139,000 up 16.08%
84124 Holladay Single Family $389,900 up 24.37%
84124 Holladay Condo $205,250 down 18.23%
84128 West Valley City Single Family $221,500 up 11.47%
84128 West Valley City Condo N/A N/A
Data for home prices information provided by WFRMLS