Salt Lake County 2nd Quarter 2018 Median Home Prices
Summary of how the Salt Lake County Utah housing market performed in the 2nd quarter 2018.
2nd Quarter 2018 Housing Market Update
Prices continued to climb upwards in the 2nd quarter 2018. The median Salt Lake County sales price stood at $320,000 (a new record high), 6.7% higher than the same time last year. While prices were up sales declined slightly with 5083 homes sold, down 1.11%. The median time taken to sell a home increased to 9 days, which is still a very good number, and a sign of a really strong seller's market.
Single Family Home Sales
Single family home prices hit another record high but there were at least some signs of it slowing. Prices climbed 8.48% to stand at $358,000, but both the number of sales and days on market took a turn for the worse. The number of single family homes sold in the quarter declined 4.68%, while the days on market climbed 42% to 10 days (still a very good number).
Condo Home Sales
Salt Lake Condos also had a good quarter. The median condo sales price climbed 11.51% to a new record high of $209,633, while unlike single-family homes the number of condos sold went up 10.50% with 642 sales in the quarter. The number of days on market did climb to 9 days.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84009 * | South Jordan | Single Family | $410,564 | up 5.27% |
| 84009 * | South Jordan | Condo | $221,000 | N/A |
| 84020 | Draper | Single Family | $512,500 | up 1.64% |
| 84020 | Draper | Condo | $221,000 | N/A |
| 84044 | Magna | Single Family | $253,700 | up 14.28% |
| 84044 | Magna | Condo | $144,900 | N/A |
| 84047 | Midvale | Single Family | $305,000 | up 10.91% |
| 84047 | Midvale | Condo | $171,000 | up 0.38% |
| 84065 | Riverton | Single Family | $419,500 | up 12.77% |
| 84065 | Riverton | Condo | $194,000 | N/A |
| 84070 | Sandy | Single Family | $330,000 | up 10% |
| 84070 | Sandy | Condo | $204,050 | up 9.70% |
| 84084 | West Jordan | Single Family | $302,000 | up 14.39% |
| 84084 | West Jordan | Condo | $219,000 | up 21.67% |
| 84088 | West Jordan | Single Family | $323,000 | up 4.85% |
| 84088 | West Jordan | Condo | $248,500 | N/A |
| 84092 | Sandy | Single Family | $490,000 | up 15.29% |
| 84092 | Sandy | Condo | $459,500 | N/A |
| 84093 | Sandy | Single Family | $460,000 | up 6.48% |
| 84093 | Sandy | Condo | $725,000 | N/A |
| 84094 | Sandy | Single Family | $343,500 | up 12.77% |
| 84094 | Sandy | Condo | $219,000 | N/A |
| 84095 | South Jordan | Single Family | $479,950 | up 2.33% |
| 84095 | South Jordan | Condo | $319,950 | N/A |
| 84096 | Herriman | Single Family | $402,456 | up 11.19% |
| 84096 | Herriman | Condo | $210,478 | up 11.11% |
| 84101 | Salt Lake City | Single Family | $248,000 | N/A |
| 84101 | Salt Lake City | Condo | $340,500 | up 7.63% |
| 84102 | Salt Lake City | Single Family | $397,500 | down 1.85% |
| 84102 | Salt Lake City | Condo | $267,500 | up 25.29% |
| 84103 | Salt Lake City | Single Family | $583,900 | up 17.01% |
| 84103 | Salt Lake City | Condo | $208,000 | down 1.93% |
| 84104 | Salt Lake City | Single Family | $223,500 | up 17.63% |
| 84104 | Salt Lake City | Condo | $93,750 | N/A |
| 84105 | Salt Lake City | Single Family | $466,500 | up 11.07% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake/Millcreek | Single Family | $400,000 | up 16.28% |
| 84106 | Salt Lake/Millcreek | Condo | $210,000 | up 30.84% |
| 84107 | Murray | Single Family | $305,000 | up 2.21% |
| 84107 | Murray | Condo | $175,000 | up 20.69% |
| 84108 | Salt Lake City | Single Family | $604,000 | up 7.28% |
| 84108 | Salt Lake City | Condo | $341,000 | up 1.54% |
| 84109 | Millcreek | Single Family | $469,000 | up 13.40% |
| 84109 | Millcreek | Condo | $183,000 | N/A |
| 84111 | Salt Lake City | Single Family | $302,150 | up 2.42% |
| 84111 | Salt Lake City | Condo | $233,500 | up 0.43% |
| 84115 | South Salt Lake | Single Family | $295,000 | up 11.11% |
| 84115 | South Salt Lake | Condo | $165,000 | up 1.85% |
| 84116 | Salt Lake City | Single Family | $266,000 | up 18.22% |
| 84116 | Salt Lake City | Condo | $120,000 | N/A |
| 84117 | Holladay | Single Family | $590,000 | up 32.29% |
| 84117 | Holladay | Condo | $192,000 | down 1.03% |
| 84118 | Taylorsville/Kearns | Single Family | $255,000 | up 10.89% |
| 84118 | Taylorsville/Kearns | Condo | $200,000 | N/A |
| 84119 | West Valley City | Single Family | $257,000 | up 5.76% |
| 84119 | West Valley City | Condo | $162,300 | up 4.71% |
| 84120 | West Valley City | Single Family | $265,000 | up 10.42% |
| 84120 | West Valley City | Condo | $162,250 | N/A |
| 84121 | Cottonwood | Single Family | $455,500 | up 5.81% |
| 84121 | Cottonwood | Condo | $230,000 | down 8.67% |
| 84123 | Taylorsville/Murray | Single Family | $312,500 | up 5.66% |
| 84123 | Taylorsville/Murray | Condo | $148,950 | up 14.36% |
| 84124 | Holladay | Single Family | $547,500 | up 16.49% |
| 84124 | Holladay | Condo | $246,000 | up 11.82% |
| 84128 | West Valley City | Single Family | $280,000 | up 12.02% |
| 84128 | West Valley City | Condo | $250,000 | N/A |
| 84129 | Taylorsville | Single Family | $281,500 | up 8.27% |
| 84129 | Taylorsville | Condo | $142,500 | N/A |