Salt Lake County 2020 1st Quarter Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 1st quarter 2020.
2020 1st Quarter Housing Market Update
Salt Lake County home prices continued their upward momentum in the 1st quarter of 2020. The median sales price for a Salt Lake Count property saw a double-digit increase of 11.38% to sit at $362,000, which was yet another all-time high. There were also more homes sold, with a total of 3391 sales in the quarter, an increase of 3.42%. The days on market had been trending upward (homes taking longer to sell), but this figure also improved, dropping 22.58% to 24 days.
Single Family Home Sales
The median sales price for a single-family home hit $400,000 for the first time. In fact, it was spot on $400,000, with 2417 sales (down 0.86%) and a median day on the market of 27 days (improvement of 22.86%).
Condo Home Sales
Just like the rest of the market condos also did well, the median sales price increased 10.34% to $242,750, while there was an increase in the number sold with 378 sales up 4.13%. The median time taken to sell a condo improved to just 15 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $459,900 | up 6.60% |
| 84009 * | South Jordan | Condo | $191,250 | N/A |
| 84020 | Draper | Single Family | $587,000 | up 2% |
| 84020 | Draper | Condo | $277,000 | N/A |
| 84044 | Magna | Single Family | $293,400 | up 17.36% |
| 84044 | Magna | Condo | $188,500 | N/A |
| 84047 | Midvale | Single Family | $333.300 | up 5.73% |
| 84047 | Midvale | Condo | $220,150 | up 17.26% |
| 84065 | Riverton | Single Family | $437,975 | up 7.37% |
| 84065 | Riverton | Condo | $232,000 | N/A |
| 84070 | Sandy | Single Family | $379,999 | up 14.29% |
| 84070 | Sandy | Condo | $222,900 | N/A |
| 84084 | West Jordan | Single Family | $336,500 | up 6.86% |
| 84084 | West Jordan | Condo | $225,000 | No Change |
| 84088 | West Jordan | Single Family | $377,500 | up 13.36% |
| 84088 | West Jordan | Condo | $339,000 | N/A |
| 84092 | Sandy | Single Family | $550,000 | up 7.77% |
| 84092 | Sandy | Condo | $625,000 | N/A |
| 84093 | Sandy | Single Family | $550,000 | up 6.18% |
| 84093 | Sandy | Condo | $364,000 | N/A |
| 84094 | Sandy | Single Family | $377,000 | up 6.20% |
| 84094 | Sandy | Condo | $219,500 | N/A |
| 84095 | South Jordan | Single Family | $525,000 | up 12.06% |
| 84095 | South Jordan | Condo | $338,500 | N/A |
| 84096 | Herriman | Single Family | $437,529 | up 4.19% |
| 84096 | Herriman | Condo | $244,250 | up 11.60% |
| 84101 | Salt Lake City | Single Family | $270,750 | N/A |
| 84101 | Salt Lake City | Condo | $360,000 | up 12.50% |
| 84102 | Salt Lake City | Single Family | $442,500 | up 9.80% |
| 84102 | Salt Lake City | Condo | $275,000 | up 4.36% |
| 84103 | Salt Lake City | Single Family | $820,000 | up 38.51% |
| 84103 | Salt Lake City | Condo | $260,500 | down 15.97% |
| 84104 | Salt Lake City | Single Family | $274,850 | up 15.97% |
| 84104 | Salt Lake City | Condo | $121,000 | N/A |
| 84105 | Salt Lake City | Single Family | $495,000 | up 4.87% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $423,000 | up 8.46% |
| 84106 | Salt Lake/Millcreek | Condo | $257,000 | up 14.40% |
| 84107 | Murray | Single Family | $382,500 | up 21.47% |
| 84107 | Murray | Condo | $186,875 | up 7.40% |
| 84108 | Salt Lake City | Single Family | $617,500 | down 6.01% |
| 84108 | Salt Lake City | Condo | $437,450 | N/A |
| 84109 | Millcreek | Single Family | $526,250 | up 13.17% |
| 84109 | Millcreek | Condo | $226,700 | N/A |
| 84111 | Salt Lake City | Single Family | $426,250 | up 36.05% |
| 84111 | Salt Lake City | Condo | $305,500 | up 12.73% |
| 84115 | South Salt Lake | Single Family | $330,000 | up 21.77% |
| 84115 | South Salt Lake | Condo | $319,990 | up 62.27% |
| 84116 | Salt Lake City | Single Family | $313,750 | up 10.09% |
| 84116 | Salt Lake City | Condo | $155,000 | N/A |
| 84117 | Holladay | Single Family | $540,750 | up 8.69% |
| 84117 | Holladay | Condo | $281,906 | up 31.89% |
| 84118 | Taylorsville/Kearns | Single Family | $288,000 | up 10.66% |
| 84118 | Taylorsville/Kearns | Condo | $160,000 | N/A |
| 84119 | West Valley City | Single Family | $285,000 | up 2.15% |
| 84119 | West Valley City | Condo | $209,500 | up 15.75% |
| 84120 | West Valley City | Single Family | $306,000 | up 14.20% |
| 84120 | West Valley City | Condo | $245,000 | N/A |
| 84121 | Cottonwood | Single Family | $494,000 | up 8.10% |
| 84121 | Cottonwood | Condo | $254,250 | up 8.19% |
| 84123 | Taylorsville/Murray | Single Family | $372,000 | up 6.35% |
| 84123 | Taylorsville/Murray | Condo | $215,000 | up 18.78% |
| 84124 | Holladay | Single Family | $600,000 | up 12.15% |
| 84124 | Holladay | Condo | $370,000 | N/A |
| 84128 | West Valley City | Single Family | $335,000 | up 19.88% |
| 84128 | West Valley City | Condo | $225,500 | N/A |
| 84129 | Taylorsville | Single Family | $321,800 | up 15.55% |
| 84129 | Taylorsville | Condo | $155,000 | NA |