Salt Lake County 2nd Quarter 2017 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the second quarter 2017.
2nd Quarter 2017 Housing Market Update
The Salt Lake Housing Market was red hot in the 2nd quarter 2017. The lack of homes for sale meant there was a very strong demand for those homes that were listed, often leading to multiple offers the same day. The median sales price was just below $300,000 at $299,900, that’s an increase of 11.08%. While the number of sales actually dropped (down 4.77% due to fewer homes being listed), the amount of time taken to sell a home stood at just 7 days, signs of a very strong market.
Single Family Home Sales
Single family home prices continued to climb, with the new median sales price of $330,000, a 10% increase over the 2nd quarter 2016. The number of homes sold declined markedly, down 4.91%, but the amount of time taken to sell dropped 12.50% to stand at just 7 days.
Condo Home Sales
Condo home sales performed even better than single family homes, with median sales price increasing 12.72%. The outstanding stat was days on market which declined 50% to just 6 days, while the total number of sales saw a slight decline of 1.21%.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $390,000 | up 5.71% |
| 84009 * | South Jordan | Condo | $155,000 | N/A |
| 84020 | Draper | Single Family | $504,250 | up 9.74% |
| 84020 | Draper | Condo | $211,250 | N/A |
| 84044 | Magna | Single Family | $221,000 | up 10.50% |
| 84044 | Magna | Condo | $120,200 | N/A |
| 84047 | Midvale | Single Family | $270,000 | up 9.09% |
| 84047 | Midvale | Condo | $170,350 | up 19.96% |
| 84065 | Riverton | Single Family | $370,000 | up 3.55% |
| 84065 | Riverton | Condo | $264,500 | N/A |
| 84070 | Sandy | Single Family | $300,000 | up 11.15% |
| 84070 | Sandy | Condo | $186,000 | up 15.17% |
| 84084 | West Jordan | Single Family | $264,500 | up 7.09% |
| 84084 | West Jordan | Condo | $180,000 | up 7.94% |
| 84088 | West Jordan | Single Family | $315,000 | up 11.01% |
| 84088 | West Jordan | Condo | $231,250 | N/A |
| 84092 | Sandy | Single Family | $429,000 | up 7.25% |
| 84092 | Sandy | Condo | $380,000 | N/A |
| 84093 | Sandy | Single Family | $432,000 | up 12.81% |
| 84093 | Sandy | Condo | $924,000 | N/A |
| 84094 | Sandy | Single Family | $304,200 | up 6.83% |
| 84094 | Sandy | Condo | $202,000 | N/A |
| 84095 | South Jordan | Single Family | $470,000 | up 17.50% |
| 84095 | South Jordan | Condo | $300,000 | N/A |
| 84096 | Herriman | Single Family | $360,500 | up 4.64% |
| 84096 | Herriman | Condo | $189,430 | N/A |
| 84101 | Salt Lake City | Single Family | $190,000 | N/A |
| 84101 | Salt Lake City | Condo | $316,350 | up 14.83% |
| 84102 | Salt Lake City | Single Family | $413,000 | up 22.19% |
| 84102 | Salt Lake City | Condo | $213,500 | up 5.67% |
| 84103 | Salt Lake City | Single Family | $502,000 | up 2.03% |
| 84103 | Salt Lake City | Condo | $209,200 | down 1.55% |
| 84104 | Salt Lake City | Single Family | $190,000 | up 13.10% |
| 84104 | Salt Lake City | Condo | $87,500 | N/A |
| 84105 | Salt Lake City | Single Family | $420,000 | up 6.63% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake City | Single Family | $344,000 | up 7.50% |
| 84106 | Salt Lake City | Condo | $160,500 | down 2.73% |
| 84107 | Murray | Single Family | $298,200 | up 10.46% |
| 84107 | Murray | Condo | $145,000 | up 18.85% |
| 84108 | Salt Lake City | Single Family | $563,000 | up 20.43% |
| 84108 | Salt Lake City | Condo | $331,500 | N/A |
| 84109 | Salt Lake City | Single Family | $413,575 | up 5.65% |
| 84109 | Salt Lake City | Condo | $233,700 | N/A |
| 84111 | Salt Lake City | Single Family | $298,500 | up 19.88% |
| 84111 | Salt Lake City | Condo | $232,500 | down 16.06% |
| 84115 | South Salt Lake | Single Family | $262,450 | up 13.13% |
| 84115 | South Salt Lake | Condo | $162,000 | N/A |
| 84116 | Salt Lake City | Single Family | $225,000 | up 7.14% |
| 84116 | Salt Lake City | Condo | $100,350 | N/A |
| 84117 | Holladay | Single Family | $446,500 | up 3.72% |
| 84117 | Holladay | Condo | $194,000 | up 38.67% |
| 84118 | Taylorsville/Kearns | Single Family | $230,000 | up 8.49% |
| 84118 | Taylorsville/Kearns | Condo | $109,950 | N/A |
| 84119 | West Valley City | Single Family | $244,000 | up 13.49% |
| 84119 | West Valley City | Condo | $155,000 | up 19.23% |
| 84120 | West Valley City | Single Family | $240,000 | up 12.18% |
| 84120 | West Valley City | Condo | $215,000 | N/A |
| 84121 | Cottonwood | Single Family | $424,450 | up 11.70% |
| 84121 | Cottonwood | Condo | $253,750 | up 41.05% |
| 84123 | Taylorsville/Murray | Single Family | $297,500 | up 4.94% |
| 84123 | Taylorsville/Murray | Condo | $130,000 | up 18.18% |
| 84124 | Holladay | Single Family | $470,000 | up 21.76% |
| 84124 | Holladay | Condo | $220,000 | down 10.75% |
| 84128 | West Valley City | Single Family | $252,000 | up 9.80% |
| 84128 | West Valley City | Condo | $180,000 | N/A |
| 84129 | Taylorsville | Single Family | $260,000 | up 9.7% |
| 84129 | Taylorsville | Condo | $115,000 | N/A |