Salt Lake County Prices 3Q 2010

Summary of how the Salt Lake County Utah housing market performed in the third quarter 2010.

3rd Quarter 2010 Housing Market Update

The Salt Lake County housing market continued its sluggish performance in the third quarter 2010. Of the 32 zip codes, 7 saw an increase in their median home price, 22 went down, 1 remained unchanged and 2 did not have enough sales in order to provide a reasonable sample (I ignore any zip codes which have fewer than 10 sales). Of the areas that did show an increase in median home price, Draper 84020 and Salt Lake City 84102 fared the best, increasing 22.32% and 21.79% respectively. The area experiencing the worst decline was South Salt Lake 84115 which dropped 22.01%.

The condominium market did not fare any better, with the median home price increasing in just 6 zip codes and declining in 9. The best performing areas were Holladay 84117 which went up a whopping 47.03% and South Salt Lake 84115 which increased 31.32%. The worst performing areas were West Jordan 84084 declining 15.19% and South Jordan 84095 declining 13.51%.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $427,500/td> up 22.32%
84020 Draper Condo $169,900 down 9.68%
84044 Magna Single Family $130,000 down 13.33%
84044 Magna Condo $109,000 N/A
84047 Midvale Single Family $175,000 down 15.05%
84047 Midvale Condo $167,463 down 0.91%
84065 Riverton Single Family $253,745 down 17.48%
84065 Riverton Condo $173,800 N/A
84070 Sandy Single Family $191,000 down 9.05%
84070 Sandy Condo $225,000 N/A
84084 West Jordan Single Family $181,750 down 9.12%
84084 West Jordan Condo $144,097 down 15.19%
84088 West Jordan Single Family $220,500 down 12.45%
84088 West Jordan Condo $156,500 N/A
84092 Sandy Single Family $345,500 up 0.14%
84092 Sandy Condo $565,000 N/A
84093 Sandy Single Family $287,500 down 0.86%
84093 Sandy Condo No Sales N/A
84094 Sandy Single Family $225,000 down 3.85%
84094 Sandy Condo $217,500 N/A
84095 South Jordan Single Family $313,500 up 2.79%
84095 South Jordan Condo $169,927 down 13.51%
84096 Herriman Single Family $255,000 up 1.19%
84096 Herriman Condo $160,000 up 3.23%
84101 Salt Lake City Single Family $58,000 N/A
84101 Salt Lake City Condo $237,500 down 10.38%
84102 Salt Lake City Single Family $280,000 up 21.79%
84102 Salt Lake City Condo $152,900 down 11.1%
84103 Salt Lake City Single Family $362,350 down 6.37%
84103 Salt Lake City Condo $214,450 down 0.95%
84104 Salt Lake City Single Family $120,000 down 5.51%
84104 Salt Lake City Condo $85,000 N/A
84105 Salt Lake City Single Family $246,370 down 9.07%
84105 Salt Lake City Condo $308,350 N/A
84106 Salt Lake City Single Family $227,000 No Change
84106 Salt Lake City Condo $195,850 up 12.23%
84107 Murray Single Family $143,750 down 12.85%
84107 Murray Condo $364,500 N/A
84108 Salt Lake City Single Family $235,000 N/A
84108 Salt Lake City Condo $295,000 up 4.61%
84109 Salt Lake City Single Family $295,000 up 4.61%
84109 Salt Lake City Condo $284,950 N/A
84111 Salt Lake City Single Family $131,000 down 14.38%
84111 Salt Lake City Condo $152,200 N/A
84115 South Salt Lake Single Family $132,500 down 22.01%
84115 South Salt Lake Condo $179,990 up 31.32%
84116 Salt Lake City Single Family $144,750 down 8.96%
84116 Salt Lake City Condo $99,000 N/A
84117 Holladay Single Family $365,000 up 3.55%
84117 Holladay Condo $235,250 up 47.03%
84118 Taylorsville/Kearns Single Family $139,500 down 16.71%
84118 Taylorsville/Kearns Condo N/A N/A
84119 West Valley City Single Family $150,000 down 3.23%
84119 West Valley City Condo $123,900 down 6.67%
84120 West Valley City Single Family $147,450 down 12.1%
84120 West Valley City Condo $211,350 N/A
84121 Cottonwood Single Family $285,000 down 1.69%
84121 Cottonwood Condo $205,000 up 5.13%
84123 Taylorsville/Murray Single Family $200,275 down 10.99%
84123 Taylorsville/Murray Condo $134,000 up 5.17%
84124 Holladay Single Family $340,000 down 5.56%
84124 Holladay Condo $210,000 N/A
84128 West Valley City Single Family $181,400 down 1.95%
84128 West Valley City Condo $140,000 N/A
Data for home prices information provided by WFRMLS