Salt Lake County Prices 1Q 2010
Summary of how the Salt Lake County Utah housing market performed in the first quarter 2010.
1st Quarter 2010 Housing Market Update
The first quarter 2010 saw single family home prices decrease in Salt Lake County, dropping from $238,000 to $217,000, a fall of 8.82% in the last 12 months. Surprisingly Salt Lake condo home prices actually rose, going from $160,000 to $162,040, a small rise of 1.28%.
Looking at individual zip codes, 6 areas showed single family median home price increase, with Holladay 84124 returning the highest increase of over 25%. While 24 areas saw their median home price go down, 9 of them see double digit declines, Salt Lake City 84102 experienced the biggest drop of over 22%.
Condo zip codes were evenly split with 7 zip codes going up and 7 going down (the remaining zip codes had fewer than 10 sales so have been excluded). The best performing area was Midvale 84047, where prices increased over 25%. The area experiencing the biggest decline was South Jordan 84095, which went down over 16%.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84020 | Draper | Single Family | $352,275 | up 1.32% |
| 84020 | Draper | Condo | $173,750 | up 2.27% |
| 84044 | Magna | Single Family | $140,000 | down 16.67% |
| 84044 | Magna | Condo | $104,500 | N/A |
| 84047 | Midvale | Single Family | $197,450 | down 1.23% |
| 84047 | Midvale | Condo | $158,500 | up 25.79% |
| 84065 | Riverton | Single Family | $280,000 | down 6.67% |
| 84065 | Riverton | Condo | $187,450 | N/A |
| 84070 | Sandy | Single Family | $214,000 | down 6.96% |
| 84070 | Sandy | Condo | $164,000 | N/A |
| 84084 | West Jordan | Single Family | $185,500 | down 7.25% |
| 84084 | West Jordan | Condo | $164,900 | down 5.3% |
| 84088 | West Jordan | Single Family | $210,000 | down 11.58% |
| 84088 | West Jordan | Condo | $176,000 | down 1.15% |
| 84092 | Sandy | Single Family | $320,000 | down 8.57% |
| 84092 | Sandy | Condo | No Sales | N/A |
| 84093 | Sandy | Single Family | $267,000 | down 7.29% |
| 84093 | Sandy | Condo | $233,000 | N/A |
| 84094 | Sandy | Single Family | $216,848 | down 5.37% |
| 84094 | Sandy | Condo | $192,500 | N/A |
| 84095 | South Jordan | Single Family | $296,736 | down 6.54% |
| 84095 | South Jordan | Condo | $177,725 | down 16.51% |
| 84096 | Herriman | Single Family | $250,500 | down 5.47% |
| 84096 | Herriman | Condo | $147,450 | N/A |
| 84101 | Salt Lake City | Single Family | $70,000 | N/A |
| 84101 | Salt Lake City | Condo | $279,250 | N/A |
| 84102 | Salt Lake City | Single Family | $222,450 | down 22.89% |
| 84102 | Salt Lake City | Condo | $191,400 | up 8.44% |
| 84103 | Salt Lake City | Single Family | $281,500 | down 19.57% |
| 84103 | Salt Lake City | Condo | $154,750 | down 4.42% |
| 84104 | Salt Lake City | Single Family | $124,000 | down 4.58% |
| 84104 | Salt Lake City | Condo | $78,000 | N/A |
| 84105 | Salt Lake City | Single Family | $253,000 | down 11.23% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake City | Single Family | $206,183 | down 15.33% |
| 84106 | Salt Lake City | Condo | $165,000 | up 23.13% |
| 84107 | Murray | Single Family | $185,300 | down 14.47% |
| 84107 | Murray | Condo | $140,000 | up 7.69% |
| 84108 | Salt Lake City | Single Family | $353,000 | up 0.30% |
| 84108 | Salt Lake City | Condo | $211,500 | N/A |
| 84109 | Salt Lake City | Single Family | $274,950 | up 0.07% |
| 84109 | Salt Lake City | Condo | $146,500 | N/A |
| 84111 | Salt Lake City | Single Family | $125,000 | N/A |
| 84111 | Salt Lake City | Condo | $124,500 | N/A |
| 84115 | South Salt Lake | Single Family | $172,000 | up 2.38% |
| 84115 | South Salt Lake | Condo | $152,995 | N/A |
| 84116 | Salt Lake City | Single Family | $149,450 | down 8.87% |
| 84116 | Salt Lake City | Condo | $83,400 | N/A |
| 84117 | Holladay | Single Family | $285,000 | down 9.52% |
| 84117 | Holladay | Condo | $170,000 | up 21.47% |
| 84118 | Taylorsville/Kearns | Single Family | $151,500 | down 10.88% |
| 84118 | Taylorsville/Kearns | Condo | $220,000 | N/A |
| 84119 | West Valley City | Single Family | $159,000 | up 6% |
| 84119 | West Valley City | Condo | $124,000 | down 9.49% |
| 84120 | West Valley City | Single Family | $160,000 | down 6.02% |
| 84120 | West Valley City | Condo | $121,500 | N/A |
| 84121 | Cottonwood | Single Family | $270,000 | down 6.90% |
| 84121 | Cottonwood | Condo | $225,000 | up 3.69% |
| 84123 | Taylorsville/Murray | Single Family | $200,000 | down 1.96% |
| 84123 | Taylorsville/Murray | Condo | $122,900 | down 6.87% |
| 84124 | Holladay | Single Family | $327,000 | up 25.77% |
| 84124 | Holladay | Condo | $270,000 | down 10.74% |
| 84128 | West Valley City | Single Family | $165,000 | down 10.57% |
| 84128 | West Valley City | Condo | $147,800 | N/A |