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.
![Salt Lake County Home Prices 1st quarter 2020 text with home and piles of money](../images/salt-lake-county-home-prices-q1-2020.jpg)
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 |