Salt Lake County 1st Quarter 2023 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 1st quarter of 2023.
![Annual Salt Lake County Home Prices for 1st Quarter 2023 Update text with home and piles of money](../images/salt-lake-county-home-prices-1q-2023.jpg)
1st Quarter 2023 Housing Market Update
For the first time in a long time, the median sales price for Salt Lake County homes dropped, with a 1st quarter price of $500,000, a fall of 3.94%. The total number of homes sold fell sharply with 2460 homes sold, down 24.56%. The days on market rose sharply to 40 days, an increase of 566.67%.
Single Family Home Sales
The single-family home market saw the worst drops of all home types in the 1st quarter, dropping 6.49% to stand at $563,650. Total number of sales fell 20% to 1759 sales. The time taken to sell a home climbed 583.33% to sit at 41 days.
Condo Home Sales
The median sales price for a condo dropped 2.78% to $360,000 in the first quarter, while home sales sank 31.99% with 253 homes sold. The total days on market climbed 533.33% to stand at 38 days.
Zip Code | City | Property Type | Median Price | Percentage Change |
---|---|---|---|---|
84009 * | South Jordan | Single Family | $630,000 | down 10.25% |
84009 * | South Jordan | Condo | $396,000 | N/A |
84020 | Draper | Single Family | $747,500 | down 21.81% |
84020 | Draper | Condo | $365,000 | N/A |
84044 | Magna | Single Family | $400,000 | down 5.08% |
84044 | Magna | Condo | $264,500 | N/A |
84047 | Midvale | Single Family | $433,000 | down 15.92% |
84047 | Midvale | Condo | $320,000 | up 3,23% |
84065 | Riverton | Single Family | $660,000 | down 6.91% |
84065 | Riverton | Condo | No Sales | No Sales |
84070 | Sandy | Single Family | $510,500 | down 10.67% |
84070 | Sandy | Condo | $344,975 | down 0.87% |
84084 | West Jordan | Single Family | $465,000 | down 5.58% |
84084 | West Jordan | Condo | $365,000 | N/A |
84088 | West Jordan | Single Family | $525,000 | down 8.46% |
84088 | West Jordan | Condo | $465,000 | N/A |
84092 | Sandy | Single Family | $849,500 | up 7.77% |
84092 | Sandy | Condo | $681,250 | N/A |
84093 | Sandy | Single Family | $728,850 | down 6.56% |
84093 | Sandy | Condo | No Sales | N/A |
84094 | Sandy | Single Family | $505,000 | down 12.93% |
84094 | Sandy | Condo | $450,000 | N/A |
84095 | South Jordan | Single Family | $800,000 | up 1.36% |
84095 | South Jordan | Condo | $465,000 | N/A |
84096 | Herriman | Single Family | $640,000 | down 7.24% |
84096 | Herriman | Condo | $340,000 | N/A |
84101 | Salt Lake City | Single Family | $405,000 | N/A |
84101 | Salt Lake City | Condo | $550,000 | up 4.76% |
84102 | Salt Lake City | Single Family | $615,000 | down 5.38% |
84102 | Salt Lake City | Condo | $384,500 | up 2.26% |
84103 | Salt Lake City | Single Family | $749,000 | down 21.98% |
84103 | Salt Lake City | Condo | $382,500 | down 3.53% |
84104 | Salt Lake City | Single Family | $353,000 | down 13.88% |
84104 | Salt Lake City | Condo | $220,000 | N/A |
84105 | Salt Lake City | Single Family | $665,619 | up 2.4% |
84105 | Salt Lake City | Condo | No Sales | N/A |
84106 | Salt Lake/Millcreek | Single Family | $575,000 | down 10.16% |
84106 | Salt Lake/Millcreek | Condo | $393,500 | up 15.54% |
84107 | Murray | Single Family | $540,000 | down 0.42% |
84107 | Murray | Condo | $299,900 | up 9.05% |
84108 | Salt Lake City | Single Family | $793,000 | down 8.24% |
84108 | Salt Lake City | Condo | $496,450 | down 20.44% |
84109 | Millcreek | Single Family | $723,500 | down 10.12% |
84109 | Millcreek | Condo | $361,000 | N/A |
84111 | Salt Lake City | Single Family | $542,500 | down 7.26% |
84111 | Salt Lake City | Condo | $420,000 | up 40.47% |
84115 | South Salt Lake | Single Family | $444,000 | down 8.55% |
84115 | South Salt Lake | Condo | $302,500 | down 28.18% |
84116 | Salt Lake City | Single Family | $417,000 | down 5.57% |
84116 | Salt Lake City | Condo | $210,000 | N/A |
84117 | Holladay | Single Family | $799,900 | down 1.97% |
84117 | Holladay | Condo | $298,400 | down 22.69% |
84118 | Taylorsville/Kearns | Single Family | $410,000 | down 4.65% |
84118 | Taylorsville/Kearns | Condo | $381,400 | N/A |
84119 | West Valley City | Single Family | $429,950 | up 2.37% |
84119 | West Valley City | Condo | $277,500 | down 14.62% |
84120 | West Valley City | Single Family | $429,900 | down 6.75% |
84120 | West Valley City | Condo | $385,000 | N/A |
84121 | Cottonwood | Single Family | $665,000 | down 12.84% |
84121 | Cottonwood | Condo | $468,500 | up 15.39% |
84123 | Taylorsville/Murray | Single Family | $470,000 | down 10.65% |
84123 | Taylorsville/Murray | Condo | $270,000 | N/A |
84124 | Holladay | Single Family | $765,000 | down 10.16% |
84124 | Holladay | Condo | $380,000 | N/A |
84128 | West Valley City | Single Family | $430,000 | down 7.32% |
84128 | West Valley City | Condo | $329,000 | N/A |
84129 | Taylorsville | Single Family | $460,000 | down 5.56% |
84129 | Taylorsville | Condo | No Sales | N/A |