Salt Lake County 2019 2nd Quarter Median Home Prices

Summary of how the Salt Lake County Utah housing market performed in the second quarter 2019..

Salt Lake County Home Prices Q2 2019 text with home and piles of money

2019 2nd Quarter Housing Market Update

After what might be called a brief pause in the seemingly endless upward spiral in Salt Lake Home Prices, the second quarter 2019 saw the market take another step up and accelerate again. The falling interest rates seem to have provided a shot in the arm which saw median home price for a Salt Lake County property set a new high of $345,000. There were 5,207 properties sold in the quarter, which was slightly up on 2018 figures (up just 0.74%). Homes were also selling fast taking a median of 15 days to go under contract.

Single Family Home Sales

The single-family home housing market surged in the quarter, setting yet another record high of $385,000 and seemingly on its way to breaking the $400,000 barrier. The new record sales price was an increase of 7.30% from the same time last year. Number of homes sold was pretty much flat with 3,753 sales and while homes took longer to sell, the median of 14 days is still a very good number, indicating a strong seller's market.

Condo Home Sales

While the number of condo sales where slightly down (637 down 1.85%) and were taking longer to sell (15 days), prices showed strong appreciation climbing 7.66% to set a new record high of $225,000.

Zip Code City Property Type Median Price Percentage Change
84009 * South Jordan Single Family $439,700 up 7.51%
84009 * South Jordan Condo $201,800 N/A
84020 Draper Single Family $565,000 up 9.34%
84020 Draper Condo $271,400 N/A
84044 Magna Single Family $265,000 up 4.74%
84044 Magna Condo $153,000 N/A
84047 Midvale Single Family $320,000 up 4.92%
84047 Midvale Condo $194,200 up 13.57%
84065 Riverton Single Family $440,000 up 4.89%
84065 Riverton Condo $240,000 N/A
84070 Sandy Single Family $350,000 up 6.06%
84070 Sandy Condo $228,500 up 11.98%
84084 West Jordan Single Family $325,500 up 7.78%
84084 West Jordan Condo $210,000 up 0.09%
84088 West Jordan Single Family $349,500 up 8.04%
84088 West Jordan Condo $274,500 N/A
84092 Sandy Single Family $507,850 up 3.64%
84092 Sandy Condo $487,500 N/A
84093 Sandy Single Family $483,750 up 5.16%
84093 Sandy Condo $335,900 N/A
84094 Sandy Single Family $359,900 up 4.77%
84094 Sandy Condo $248,342 N/A
84095 South Jordan Single Family $505,000 up 5.22%
84095 South Jordan Condo $332,250 up 3.84%
84096 Herriman Single Family $425,000 up 5.59%
84096 Herriman Condo $220,935 up 5.06%
84101 Salt Lake City Single Family $280,000 N/A
84101 Salt Lake City Condo $341,500 up 0.29%
84102 Salt Lake City Single Family $407,367 up 2.48%
84102 Salt Lake City Condo $252,000 down 5.79%
84103 Salt Lake City Single Family $537,500 down 7.95%
84103 Salt Lake City Condo $269,000 up 29.33%
84104 Salt Lake City Single Family $255,000 up 14.09%
84104 Salt Lake City Condo $115,000 N/A
84105 Salt Lake City Single Family $485,000 up 3.97%
84105 Salt Lake City Condo No Sales N/A
84106 Salt Lake/Millcreek Single Family $412,000 up 3%
84106 Salt Lake/Millcreek Condo $224,000 up 6.67%
84107 Murray Single Family $350,250 up 14.84%
84107 Murray Condo $200,000 up 15.94%
84108 Salt Lake City Single Family $663,125 up 10.52%
84108 Salt Lake City Condo $395,000 up 15.84%
84109 Millcreek Single Family $507,500 up 8.21%
84109 Millcreek Condo $327,750 N/A
84111 Salt Lake City Single Family $407,000 up 34.70%
84111 Salt Lake City Condo $253,000 up 8.35%
84115 South Salt Lake Single Family $317,000 up 7.37%
84115 South Salt Lake Condo $228,000 up 38.18%
84116 Salt Lake City Single Family $282,250 up 6.11%
84116 Salt Lake City Condo $137,250 N/A
84117 Holladay Single Family $537,950 down 8.81%
84117 Holladay Condo $219,500 up 14.32%
84118 Taylorsville/Kearns Single Family $275,000 up 7.84%
84118 Taylorsville/Kearns Condo No Sales N/A
84119 West Valley City Single Family $282,000 up 9.73%
84119 West Valley City Condo $190,000 up 15.15%
84120 West Valley City Single Family $288,250 up 8.77%
84120 West Valley City Condo $255,250 N/A
84121 Cottonwood Single Family $458,500 up 1.85%
84121 Cottonwood Condo $250,500 up 8.91%
84123 Taylorsville/Murray Single Family $365,000 up 16.80%
84123 Taylorsville/Murray Condo $177,500 up 19.17%
84124 Holladay Single Family $575,000 up 5.02%
84124 Holladay Condo $211,500 down 13.85%
84128 West Valley City Single Family $306,200 up 8.97%
84128 West Valley City Condo $262,000 N/A
84129 Taylorsville Single Family $303,000 up 7.45%
84129 Taylorsville Condo $154,000 N/A
Data for home prices information provided by WFRMLS.
* The 84009 zip code was added to South Jordan in the 3rd quarter 2015.