Salt Lake County 2020 3rd Quarter Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 3rd quarter 2020.
![Salt Lake County Home Prices 3rd quarter 2020 text with home and piles of money](../images/salt-lake-county-home-prices-3q-2020.jpg)
2020 3rd Quarter Housing Market Update
The Salt Lake Housing Market powered ahead in the 3rd quarter, pushing up the median home sales price more than 10% to stand at $384,000. While COVID depressed the number of sales in the 2nd quarter, the 3rd quarter rebounded with 5840 properties sold, that's an increase of 12.74% over the same time last year. Homes also sold fast, taking a median of just 11 days to go under contract
Single Family Home Sales
All indicators pointed to a strong single-family home market in the 3rd quarter. Median sales prices roared ahead 11.81% to $431,574, total sales increased 10.94% with 4158 homes sold, and 'days on market' plummeted 54% to stand at just 10 days.
Condo Home Sales
While condo sales prices did not perform quite as well as single-family homes, they still improved 8.44% to sit at $249,700. The number of condominiums sold increased by 13.53% with 646 units sold and the time taken to sell a condo (days on market) fell 30% to 14 days.
Zip Code | City | Property Type | Median Price | Percentage Change |
---|---|---|---|---|
84009 * | South Jordan | Single Family | $480,500 | up 6.80% |
84009 * | South Jordan | Condo | $221,000 | N/A |
84020 | Draper | Single Family | $658,000 | up 16.46% |
84020 | Draper | Condo | $296,000 | N/A |
84044 | Magna | Single Family | $310,000 | up 13.14% |
84044 | Magna | Condo | $158,746 | N/A |
84047 | Midvale | Single Family | $387,000 | up 15.52% |
84047 | Midvale | Condo | $219,685 | down 2.36% |
84065 | Riverton | Single Family | $479,055 | up 3.02% |
84065 | Riverton | Condo | $329,000 | N/A |
84070 | Sandy | Single Family | $391,700 | up 13.54% |
84070 | Sandy | Condo | $244,000 | up 10.43% |
84084 | West Jordan | Single Family | $369,900 | up 15.59% |
84084 | West Jordan | Condo | $237,525 | up 8.46% |
84088 | West Jordan | Single Family | $415,000 | up 18.53% |
84088 | West Jordan | Condo | $359,000 | N/A |
84092 | Sandy | Single Family | $578,250 | up 4.76% |
84092 | Sandy | Condo | $685,000 | N/A |
84093 | Sandy | Single Family | $582,500 | up 18.88% |
84093 | Sandy | Condo | $485,000 | N/A |
84094 | Sandy | Single Family | $405,000 | up 10.96% |
84094 | Sandy | Condo | $257,800 | N/A |
84095 | South Jordan | Single Family | $547,000 | up 7.25% |
84095 | South Jordan | Condo | $211,000 | N/A |
84096 | Herriman | Single Family | $472,000 | up 7.73% |
84096 | Herriman | Condo | $259,900 | up 12.32% |
84101 | Salt Lake City | Single Family | $320,000 | N/A |
84101 | Salt Lake City | Condo | $377,000 | up 4.72% |
84102 | Salt Lake City | Single Family | $574,900 | up 32.09% |
84102 | Salt Lake City | Condo | $286,622 | up 16.45% |
84103 | Salt Lake City | Single Family | $638,225 | down 0.79% |
84103 | Salt Lake City | Condo | $270,000 | down 1.82% |
84104 | Salt Lake City | Single Family | $285,500 | up 11.09% |
84104 | Salt Lake City | Condo | $134,800 | N/A |
84105 | Salt Lake City | Single Family | $499,900 | down 0.52% |
84105 | Salt Lake City | Condo | $265,000 | N/A |
84106 | Salt Lake/Millcreek | Single Family | $482,500 | up 19.45% |
84106 | Salt Lake/Millcreek | Condo | $260,000 | up 8.33% |
84107 | Murray | Single Family | $408,000 | up 14.13% |
84107 | Murray | Condo | $210,000 | up 7.97% |
84108 | Salt Lake City | Single Family | $669,673 | up 8.01% |
84108 | Salt Lake City | Condo | $393,900 | N/A |
84109 | Millcreek | Single Family | $590,000 | up 17.30% |
84109 | Millcreek | Condo | $251,500 | N/A |
84111 | Salt Lake City | Single Family | $380,000 | up 16.76% |
84111 | Salt Lake City | Condo | $295,000 | up 28.26% |
84115 | South Salt Lake | Single Family | $350,000 | up 1.45% |
84115 | South Salt Lake | Condo | $235,000 | up 5.38% |
84116 | Salt Lake City | Single Family | $333,000 | up 9.18% |
84116 | Salt Lake City | Condo | $142,500 | N/A |
84117 | Holladay | Single Family | $649,900 | up 23.79% |
84117 | Holladay | Condo | $245,000 | up 15.02% |
84118 | Taylorsville/Kearns | Single Family | $312,000 | up 13.45% |
84118 | Taylorsville/Kearns | Condo | $158,000 | N/A |
84119 | West Valley City | Single Family | $315,000 | up 9.20% |
84119 | West Valley City | Condo | $212,000 | up 12.47% |
84120 | West Valley City | Single Family | $320,000 | up 10.34% |
84120 | West Valley City | Condo | $154,500 | N/A |
84121 | Cottonwood | Single Family | $578,000 | up 21.34% |
84121 | Cottonwood | Condo | $341,250 | up 28.29% |
84123 | Taylorsville/Murray | Single Family | $393,000 | up 3.76% |
84123 | Taylorsville/Murray | Condo | $212,500 | up 24.27% |
84124 | Holladay | Single Family | $597,000 | up 11.17% |
84124 | Holladay | Condo | $259,500 | N/A |
84128 | West Valley City | Single Family | $349,950 | up 14.74% |
84128 | West Valley City | Condo | $303,250 | N/A |
84129 | Taylorsville | Single Family | $349,950 | up 12.89% |
84129 | Taylorsville | Condo | $167,900 | NA |