Salt Lake County Prices 4Q 2009

Summary of how the Salt Lake County Utah housing market performed in the fourth quarter 2009.

4th Quarter 2009 Housing Market Update

Salt Lake County home sales experienced a large rise in the 4th quarter 2009, increasing 36.22% to 2403 single family homes sold and 41.67% to 544 condos sold (compared to 4th quarter 2008). Median home prices on the other hand were down 7.90% to $221,650 for single family homes and down 13.63% to $159,450 for condos.

Looking at single family homes sales data by zip code, it is noticeable that some of Salt Lake's more desirable areas have started to experience a turn around in home prices. This includes The Avenues 84095 up 6.37%, Millcreek 84109 up 6.86%, Holladay 84117 up 31.56%, and Cottonwood 84121 up 12.59%. On the downside 10 zip codes suffered double digit declines, with the Holladay zip code 84124 being the worst hit going down 24.53%.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $324,900 down 12.90%
84020 Draper Condo $191,500 down 11.79%
84044 Magna Single Family $154,900 down 4.53%
84044 Magna Condo $113,000 N/A
84047 Midvale Single Family $198,895 down 2.72%
84047 Midvale Condo $165,225 up 3.13%
84065 Riverton Single Family $289,250 down 10.45%
84065 Riverton Condo $196,845 down 2.31%
84070 Sandy Single Family $199,000 down 7.87%
84070 Sandy Condo $180,000 down 9.82%
84084 West Jordan Single Family $191,750 down 10.81%
84084 West Jordan Condo $156,700 down 12.92%
84088 West Jordan Single Family $227,600 down 5.56%
84088 West Jordan Condo $173,000 up 3.72%
84092 Sandy Single Family $277,450 down 18.40%
84092 Sandy Condo N/A N/A
84093 Sandy Single Family $286,500 up 1.42%
84093 Sandy Condo N/A N/A
84094 Sandy Single Family $225,000 down 5.66%
84094 Sandy Condo $192,800 down 16.26%
84095 South Jordan Single Family $283,545 down 7.64%
84095 South Jordan Condo $183,220 down 7.08%
84096 Herriman Single Family $262,500 down 7.24%
84096 Herriman Condo $153,500 down 8.58%
84101 Salt Lake City Single Family $125,500 N/A
84101 Salt Lake City Condo $181,000 N/A
84102 Salt Lake City Single Family $226,000 down 16.30%
84102 Salt Lake City Condo $204,000 up 12.09%
84103 Salt Lake City Single Family $360,000 up 6.37%
84103 Salt Lake City Condo $170,900 down 8.56%
84104 Salt Lake City Single Family $128,000 down 8.51%
84104 Salt Lake City Condo $73,590 N/A
84105 Salt Lake City Single Family $257,000 down 4.81%
84105 Salt Lake City Condo N/A N/A
84106 Salt Lake City Single Family $224,450 down 5.30%
84106 Salt Lake City Condo $127,450 down 12.19%
84107 Murray Single Family $189,250 down 11.98%
84107 Murray Condo $130,500 up 6.74%
84108 Salt Lake City Single Family $369,000 down 5.87%
84108 Salt Lake City Condo $220,000 N/A
84109 Salt Lake City Single Family $285,750 up 6.86%
84109 Salt Lake City Condo $173,450 N/A
84111 Salt Lake City Single Family $183,500 up 3.45%
84111 Salt Lake City Condo $199,000 up 8.18%
84115 South Salt Lake Single Family $145,950 down 13.51%
84115 South Salt Lake Condo $57,000 down 65.45%
84116 Salt Lake City Single Family $154,900 down 8.88%
84116 Salt Lake City Condo $88,500 down 5.09%
84117 Holladay Single Family $358,500 up 31.56%
84117 Holladay Condo $144,900 down 5.92%
84118 Taylorsville/Kearns Single Family $171,777 down 4.25%
84118 Taylorsville/Kearns Condo N/A N/A
84119 West Valley City Single Family $161,000 up 0.69%
84119 West Valley City Condo $141,500 down 0.70%
84120 West Valley City Single Family $160,000 down 9.73%
84120 West Valley City Condo $191,500 N/A
84121 Cottonwood Single Family $309,500 up 12.59%
84121 Cottonwood Condo $224,000 down 12.16%
84123 Taylorsville/Murray Single Family $205,500 down 12.48%
84123 Taylorsville/Murray Condo $140,000 No Change
84124 Holladay Single Family $300,000 down 24.53%
84124 Holladay Condo $143,000 N/A
84128 West Valley City Single Family $175,250 down 13.03%
84128 West Valley City Condo $150,450 N/A
Data for home prices information provided by WFRMLS