Salt Lake County Prices 3Q 2008

Summary of how the Salt Lake County Utah housing market performed in the third quarter 2008.

3rd Quarter 2008 Housing Market Update

The third quarter 2008 was a tough quarter for home prices in Salt Lake County. Only three of the 32 zip codes saw single-family home prices increasing, and two of the zip codes experienced falls of over 20%.

The condominium market fared slightly better with 11 zip codes showing an increase in the median home price, five of them even returning double-digit growth. The downtown condominium market (84101), that had until recently been hot, cooled substantially, with the median home price declining more than 6% year on year.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $399,450 up 1.91%
84020 Draper Condo $202,745 down 4.81%
84044 Magna Single Family $165,500 down 8%
84044 Magna Condo $115,500 up 0.87%
84047 Midvale Single Family $224,000 up 1.82%
84047 Midvale Condo $145,000 down 4.92%
84065 Riverton Single Family $322,000 down 12.74%
84065 Riverton Condo $229,800 up 14.93%
84070 Sandy Single Family $228,500 down 4.39%
84070 Sandy Condo $175,000 down 0.28%
84084 West Jordan Single Family $220,250 down 2.11%
84084 West Jordan Condo $189,000 down 7.63%
84088 West Jordan Single Family $274,000 down 4.96%
84088 West Jordan Condo $182,000 down 7.61%
84092 Sandy Single Family $369,000 down 7.26%
84092 Sandy Condo $405,000 N/A
84093 Sandy Single Family $320,000 down 7.31%
84093 Sandy Condo N/A N/A
84094 Sandy Single Family $250,000 down 0.20%
84094 Sandy Condo $162,960 N/A
84095 South Jordan Single Family $350,000 down 3.7%
84095 South Jordan Condo $202,250 down 7.43%
84096 Herriman Single Family $277,875 down 8.44%
84096 Herriman Condo $170,000 down 8.60%
84101 Salt Lake City Single Family $117,500 N/A
84101 Salt Lake City Condo $284,400 down 6.75%
84102 Salt Lake City Single Family $253,000 down 8.65%
84102 Salt Lake City Condo $165,800 down 11.81%
84103 Salt Lake City Single Family $372,900 down 0.56%
84103 Salt Lake City Condo $170,950 up 15.87%
84104 Salt Lake City Single Family $140,000 down 4.44%
84104 Salt Lake City Condo $76,700 N/A
84105 Salt Lake City Single Family $287,500 down 4.17%
84105 Salt Lake City Condo $150,000 N/A
84106 Salt Lake City Single Family $245,000 down 5.04%
84106 Salt Lake City Condo $187,250 up 2.60%
84107 Murray Single Family $209,500 down 19.42%
84107 Murray Condo $153,000 up 9.83%
84108 Salt Lake City Single Family $369,500 down 5.32%
84108 Salt Lake City Condo $268,000 up 16.52%
84109 Salt Lake City Single Family $315,000 down 9.35%
84109 Salt Lake City Condo $249,950 N/A
84111 Salt Lake City Single Family $165,000 down 18.92%
84111 Salt Lake City Condo $192,500 down 21.84%
84115 South Salt Lake Single Family $179,450 down 2.31%
84115 South Salt Lake Condo $165,000 up 27.91%
84116 Salt Lake City Single Family $180,000 up 1.12%
84116 Salt Lake City Condo $95,950 up 7.27%
84117 Holladay Single Family $300,000 down 22.78%
84117 Holladay Condo $161,000 up 13.82%
84118 Taylorsville/Kearns Single Family $185,400 down 4.90%
84118 Taylorsville/Kearns Condo $193,000 N/A
84119 West Valley City Single Family $169,000 down 3.43%
84119 West Valley City Condo $147,000 up 1.38%
84120 West Valley City Single Family $190,000 down 2.81%
84120 West Valley City Condo $130,000 N/A
84121 Cottonwood Single Family $300,000 down 9.62%
84121 Cottonwood Condo $209,900 down 2.37%
84123 Taylorsville/Murray Single Family $209,000 down 8.13%
84123 Taylorsville/Murray Condo $150,000 up 9.49%
84124 Holladay Single Family $331,250 down 12.82%
84124 Holladay Condo $145,500 down 27.21%
84128 West Valley City Single Family $205,000 down 6.39%
84128 West Valley City Condo $164,900 down 7.36%
Data for home prices information provided by WFRMLS