Salt Lake County Prices 4Q 2014

Summary of how the Salt Lake County Utah housing market performed in the fouth quarter 2014.

4th Quarter 2014 Housing Market Update

Home sales price appreciation for Salt Lake County single family homes showed a modest gain in the 4th quarter 2014. The median sales price climbed 4.08% to $255,000 (this was actually slightly lower than 3rd quarter). Condo prices experienced an even smaller gain, rising just 2.67% to $154,000.

If we look at the sales data by zip code we can see a lot of the more expensive east side areas that had been experiencing strong gains, have really slowed and in some cases experienced modest declines in their median sales price. Examples of this are Salt Lake 84103 (Avenues) down 1.95%, Salt Lake 84109 down 4.48%, Holladay 84117 down 0.14%, Holladay 84124 down 20.37%,. In total 21 zip codes had their single family home price increase and 10 saw a decrease.

Zip Code City Property Type Median Price Percentage Change
84020 Draper Single Family $421,525 up 12.41%
84020 Draper Condo $209,900 N/A
84044 Magna Single Family $158,950 up 13.62%
84044 Magna Condo $87,950 N/A
84047 Midvale Single Family $233,830 up 22.75%
84047 Midvale Condo $121,000 down 1.40%
84065 Riverton Single Family $308,100 down 6.60%
84065 Riverton Condo $199,800 N/A
84070 Sandy Single Family $242,000 down 7.28%
84070 Sandy Condo $130,000 down 15.39%
84084 West Jordan Single Family $215,000 up 3.99%
84084 West Jordan Condo $138,450 down 0.40%
84088 West Jordan Single Family $252,950 up 10%
84088 West Jordan Condo $229,000 N/A
84092 Sandy Single Family $345,000 down 4.1%
84092 Sandy Condo $426,638 N/A
84093 Sandy Single Family $326,325 down 6.42%
84093 Sandy Condo $280,000 N/A
84094 Sandy Single Family $246,500 up 9.65%
84094 Sandy Condo $126,450 N/A
84095 South Jordan Single Family $365,000 up 9.04%
84095 South Jordan Condo $162,750 N/A
84096 Herriman Single Family $315,900 up 7.52%
84096 Herriman Condo $158,920 N/A
84101 Salt Lake City Single Family $170,000 N/A
84101 Salt Lake City Condo $240,000 down 13.98%
84102 Salt Lake City Single Family $265,500 up 1.30%
84102 Salt Lake City Condo $164,500 up 4.11%
84103 Salt Lake City Single Family $474,500 down 1.95%
84103 Salt Lake City Condo $195,000 up 14.71%
84104 Salt Lake City Single Family $147,500 up 11.22%
84104 Salt Lake City Condo $59,900 N/A
84105 Salt Lake City Single Family $310,300 up 5.72%
84105 Salt Lake City Condo $117,250 N/A
84106 Salt Lake City Single Family $265,000 up 6.81%
84106 Salt Lake City Condo $160,500 up 18.89%
84107 Murray Single Family $228,000 up 1.11%
84107 Murray Condo $109,000 down 8.02%
84108 Salt Lake City Single Family $375,000 up 4.17%
84108 Salt Lake City Condo $248,000 down 7.81%
84109 Salt Lake City Single Family $320,000 down 4.48%
84109 Salt Lake City Condo $158,000 N/A
84111 Salt Lake City Single Family $210,000 up 10.53%
84111 Salt Lake City Condo $221,500 up 55.99%
84115 South Salt Lake Single Family $187,500 down 1.70%
84115 South Salt Lake Condo $124,350 N/A
84116 Salt Lake City Single Family $161,000 down 1.20%
84116 Salt Lake City Condo $65,750 N/A
84117 Holladay Single Family $361,000 down 0.14%
84117 Holladay Condo $141,000 up 1.11%
84118 Taylorsville/Kearns Single Family $174,000 up 3.14%
84118 Taylorsville/Kearns Condo No Sales N/A
84119 West Valley City Single Family $174,900 up 12.04%
84119 West Valley City Condo $122,000 up 28.42%
84120 West Valley City Single Family $186,000 up 12.22%
84120 West Valley City Condo $169,250 N/A
84121 Cottonwood Single Family $310,000 up 6.35%
84121 Cottonwood Condo $219,000 up 13.47%
84123 Taylorsville/Murray Single Family $222,450 down 3.28%
84123 Taylorsville/Murray Condo $95,950 down 11.16%
84124 Holladay Single Family $324,900 down 20.37%
84124 Holladay Condo $272,764 N/A
84128 West Valley City Single Family $192,750 up 7.11%
84128 West Valley City Condo $216,500 N/A
Data for home prices information provided by WFRMLS