Salt Lake County Home Prices Fourth Quarter 2009

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	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 Jordon	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	$0	N/A
84093	Sandy	Single Family	$286,500	up 1.42%
84093	Sandy	Condo	$0	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	$0	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	down 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	$0	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	Single Family	$175,250	down 13.03%
84128	West Valley	Condo	$150,450	N/A

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