Salt Lake County 2nd Quarter 2023 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 2nd quarter of 2023.
2nd Quarter 2023 Housing Market Update
Salt Lake County home prices in the 2nd quarter of 2023 saw a decline for the 2nd quarter in a row, with the median sales price falling 6.53% to stand at $515,000. The number of homes sold in the quarter fell off a cliff, with nearly 25% fewer sales, and homes took longer to sell taking a median of 17 days (still a pretty good number).
Single Family Home Sales
The median sales price for a Salt Lake County single-family home stood at $595,000 in the quarter, a fall of 6.56%. The number of home sales fell 24.82%, with 2214 sales, and the time taken to put a home under contract was 15 days.
Condo Home Sales
The condo market saw the smallest sales price decline in the quarter, falling 4.05% to $355,000. But experienced the largest decline in sales, falling 27.95% with just 366 sales. They also took longer to sell taking a median of 22 days (up 340%).
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $625,000 | down 10.96% |
| 84009 * | South Jordan | Condo | $396,000 | N/A |
| 84020 | Draper | Single Family | $889,750 | down 0.89% |
| 84020 | Draper | Condo | $367,500 | N/A |
| 84044 | Magna | Single Family | $467,920 | up 0.63% |
| 84044 | Magna | Condo | $250,000 | N/A |
| 84047 | Midvale | Single Family | $510,000 | down 2.3% |
| 84047 | Midvale | Condo | $318,250 | down 5.45% |
| 84065 | Riverton | Single Family | $717,500 | up 0.7% |
| 84065 | Riverton | Condo | $392,450 | N/A |
| 84070 | Sandy | Single Family | $503,750 | down 13.59% |
| 84070 | Sandy | Condo | $300,000 | down 16.67% |
| 84084 | West Jordan | Single Family | $507,500 | down 7.73% |
| 84084 | West Jordan | Condo | $360,000 | N/A |
| 84088 | West Jordan | Single Family | $534,000 | down 8.72% |
| 84088 | West Jordan | Condo | $479,000 | N/A |
| 84092 | Sandy | Single Family | $875,000 | down 0.57% |
| 84092 | Sandy | Condo | $805,000 | N/A |
| 84093 | Sandy | Single Family | $767,500 | down 11.01% |
| 84093 | Sandy | Condo | $603,000 | N/A |
| 84094 | Sandy | Single Family | $569,000 | down 6.72% |
| 84094 | Sandy | Condo | $452,500 | N/A |
| 84095 | South Jordan | Single Family | $740,000 | down 10.3% |
| 84095 | South Jordan | Condo | $545,000 | N/A |
| 84096 | Herriman | Single Family | $640,000 | down 9.16% |
| 84096 | Herriman | Condo | $348,000 | down 13% |
| 84101 | Salt Lake City | Single Family | $527,500 | N/A |
| 84101 | Salt Lake City | Condo | $590,000 | up 2.61% |
| 84102 | Salt Lake City | Single Family | $638,250 | down 10.73% |
| 84102 | Salt Lake City | Condo | $395,000 | up 1.28% |
| 84103 | Salt Lake City | Single Family | $879,525 | up 0.52% |
| 84103 | Salt Lake City | Condo | $413,750 | up 8.88% |
| 84104 | Salt Lake City | Single Family | $385,000 | down 6.1% |
| 84104 | Salt Lake City | Condo | $215,000 | N/A |
| 84105 | Salt Lake City | Single Family | $705,000 | down 11.88% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $590,000 | down 9.99% |
| 84106 | Salt Lake/Millcreek | Condo | $347,000 | down 2.25% |
| 84107 | Murray | Single Family | $544,000 | down 7.80% |
| 84107 | Murray | Condo | $307,500 | down 3.30% |
| 84108 | Salt Lake City | Single Family | $1,017,500 | up 7.11% |
| 84108 | Salt Lake City | Condo | $495,000 | up 8.08% |
| 84109 | Millcreek | Single Family | $745,000 | down 6.88% |
| 84109 | Millcreek | Condo | $355,000 | N/A |
| 84111 | Salt Lake City | Single Family | $490,000 | down 6.84% |
| 84111 | Salt Lake City | Condo | $377,000 | N/A |
| 84115 | South Salt Lake | Single Family | $439,175 | down 20.80% |
| 84115 | South Salt Lake | Condo | $377,500 | up 16.87% |
| 84116 | Salt Lake City | Single Family | $429,900 | down 12.27% |
| 84116 | Salt Lake City | Condo | $220,000 | N/A |
| 84117 | Holladay | Single Family | $897,261 | up 5.87% |
| 84117 | Holladay | Condo | $361,000 | up 1.69% |
| 84118 | Taylorsville/Kearns | Single Family | $420,000 | down 6.67% |
| 84118 | Taylorsville/Kearns | Condo | $425,000 | N/A |
| 84119 | West Valley City | Single Family | $440,000 | down 5.17% |
| 84119 | West Valley City | Condo | $311,250 | down 2.73% |
| 84120 | West Valley City | Single Family | $437,500 | down 8.38% |
| 84120 | West Valley City | Condo | $364,000 | N/A |
| 84121 | Cottonwood | Single Family | $770,000 | down 4.29% |
| 84121 | Cottonwood | Condo | $389,000 | down 8.47% |
| 84123 | Taylorsville/Murray | Single Family | $588,000 | down 1.18% |
| 84123 | Taylorsville/Murray | Condo | $295,000 | down 7.96% |
| 84124 | Holladay | Single Family | $847,500 | down 4.78% |
| 84124 | Holladay | Condo | $380,250 | N/A |
| 84128 | West Valley City | Single Family | $453,000 | down 9.22% |
| 84128 | West Valley City | Condo | $345,000 | N/A |
| 84129 | Taylorsville | Single Family | $475,000 | down 3.55% |
| 84129 | Taylorsville | Condo | $380,500 | N/A |