Annual Salt Lake County Home Prices 2010

2010 was a tuff year if you owned real estate in Salt Lake County. Just three zip codes saw their single family median home price increase in 2010, with Draper's 84020 seeing the best return of 6.17%. The other areas that experienced increases were Holladay 84124 which went up 5.18% and Salt Lake City 84109 which had a small increase of just 0.35%. The areas performing the worst were Salt Lake City 84111 which went down 19.28%, Taylorsville / Kearns 84118 down 13.41% and Magna 84044 down 13.40%. When looking at the figures one thing that is noticeable is that the cheaper areas experienced some of the biggest percentage drops, while prices in the most expensive areas held up far better.

Condo prices did fare a little better, with 8 zip codes increasing in value. The three areas which experienced the biggest gains were Salt Lake City 84109 up 40.98%, South Salt Lake 84115 up 21.89% and Holladay 84117 up 14.24%. While these seem like large increases the actually number of condo sales is relatively small, making them more susceptible to large fluctuations. The Salt Lake County zip code which suffered the biggest decline in median home price was Herriman 84096 which went down 16.85%.

The median home price for all Salt Lake County declined 5.91% to 220,000 for single family homes and declined 3.93% to 161,500 for condos.

Zip Code	City	Property Type	Median Price	Change
84020	Draper	Single Family	$370,000	up 6.17%
84020	Draper	Condo	$171,000	down 11.11%
84044	Magna	Single Family	$136,200	down 13.40%
84044	Magna	Condo	$110,000	N/A
84047	Midvale	Single Family	$175,000	down 11.43%
84047	Midvale	Condo	$166,000	down 1.70%
84065	Riverton	Single Family	$270,000	down 12.96%
84065	Riverton	Condo	$175,500	down 10.42%
84070	Sandy	Single Family	$201,000	down 5.85%
84070	Sandy	Condo	$158,000	down 13.54%
84084	West Jordan	Single Family	$185,000	down 8.11%
84084	West Jordon	Condo	$143,000	down 15.24%
84088	West Jordan	Single Family	$205,700	down 12.79%
84088	West Jordan	Condo	$150,000	down 16.3%
84092	Sandy	Single Family	$330,000	down 0.29%
84092	Sandy	Condo	$377,450	N/A
84093	Sandy	Single Family	$281,815	down 1.31%
84093	Sandy	Condo	$233,000	N/A
84094	Sandy	Single Family	$215,000	down 6.40%
84094	Sandy	Condo	$192,500	down 8.83%
84095	South Jordan	Single Family	$287,647	down 6.03%
84095	South Jordan	Condo	$183,500	down 7.87%
84096	Herriman	Single Family	$264,000	down 0.46%
84096	Herriman	Condo	$147,500	down 16.58%
84101	Salt Lake City	Single Family	$121,750	N/A
84101	Salt Lake City	Condo	$225,000	up 7.18%
84102	Salt Lake City	Single Family	$225,000	down 0.89%
84102	Salt Lake City	Condo	$177,000	down 1.98%
84103	Salt Lake City	Single Family	$351,000	down 2.71%
84103	Salt Lake City	Condo	$181,500	up 3.71%
84104	Salt Lake City	Single Family	$122,500	down 3.67%
84104	Salt Lake City	Condo	$77,900	N/A
84105	Salt Lake City	Single Family	$258,450	down 2.53%
84105	Salt Lake City	Condo	$292,000	N/A
84106	Salt Lake City	Single Family	$227,500	down 0.66%
84106	Salt Lake City	Condo	$159,950	up 7.35%
84107	Murray	Single Family	$202,000	down 3.96%
84107	Murray	Condo	$137,450	down 6.95%
84108	Salt Lake City	Single Family	$346,000	down 4.18%
84108	Salt Lake City	Condo	$220,000	up 2.33%
84109	Salt Lake City	Single Family	$285,000	up 0.35%
84109	Salt Lake City	Condo	$239,600	up 40.98%
84111	Salt Lake City	Single Family	$145,450	down 19.28%
84111	Salt Lake City	Condo	$159,000	down 10%
84115	South Salt Lake	Single Family	$150,000	down 9.33%
84115	South Salt Lake	Condo	$161,990	up 21.89%
84116	Salt Lake City	Single Family	$145,000	down 10.27%
84116	Salt Lake City	Condo	$92,000	down 2.45%
84117	Holladay	Single Family	$317,550	down 5.97%
84117	Holladay	Condo	$168,500	up 14.24%
84118	Taylorsville/Kearns	Single Family	$149,900	down 13.41%
84118	Taylorsville/Kearns	Condo	$187,000	N/A
84119	West Valley City	Single Family	$155,000	down 3.87%
84119	West Valley City	Condo	$120,965	down 12.76%
84120	West Valley City	Single Family	$153,900	down 7.99%
84120	West Valley City	Condo	$178,756	down 12.29%
84121	Cottonwood	Single Family	$275,000	down 8.73%
84121	Cottonwood	Condo	$192,000	down 3.65%
84123	Taylorsville/Murray	Single Family	$210,000,	down 6.79%
84123	Taylorsville/Murray	Condo	$124,950	down 8.84%
84124	Holladay	Single Family	$325,000	up 5.18%
84124	Holladay	Condo	$225,000	up 13.07%
84128	West Valley	Single Family	$166,150	down 10.14%
84128	West Valley	Condo	$145,800	down 3.50%

For the latest SLC Real Estate market trends and information please call Trela on 801-450-3535.

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