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.
![Annual Salt Lake County Home Prices for 2nd Quarter 2023 Update text with home and piles of money](../images/salt-lake-county-home-prices-2q-2023.jpg)
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 |