Salt Lake County Prices 4Q 2010
Summary of how the Salt Lake County Utah housing market performed in the fourth quarter 2010.
4th Quarter 2010 Housing Market Update
Home prices in Salt Lake County continued to come under pressure in the fourth quarter 2010. This was especially true in the less expensive areas, while the more expensive areas seem to fair much better. A total of eight zip codes saw their single family median home price increase, with the Avenues area of Salt Lake City 84103 seeing the best increase of 25%. Other notable home price increases occurred in Herriman 84096 up 10.35%, Sandy 84092 up 11.28%, and Draper 84020 up 8.30%. The worst performing areas were Cottonwood 84121 down 24.25%, and Kearns 84118 down 23.79%.
When we look at condo median home prices just six zip codes went up in value. The range of increases and decreases varied wildly, with South Salt Lake 84115 seeing a 55.93% increase, and Cottonwood 84121 declining 46.57%. These large fluctuations are seen because of the relatively small number of sales, for example, there were just 13 condo sales in 84115.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84020 | Draper | Single Family | $360,313 | up 8.30% |
| 84020 | Draper | Condo | $165,000 | down 18.73% |
| 84044 | Magna | Single Family | $131,700 | down 17.65% |
| 84044 | Magna | Condo | No Sales | N/A |
| 84047 | Midvale | Single Family | $167,500 | down 7.40% |
| 84047 | Midvale | Condo | $157,000 | down 13.40% |
| 84065 | Riverton | Single Family | $260,000 | down 15.87% |
| 84065 | Riverton | Condo | $172,000 | down 12.67% |
| 84070 | Sandy | Single Family | $175,000 | down 17.43% |
| 84070 | Sandy | Condo | $143,900 | down 28.21% |
| 84084 | West Jordan | Single Family | $179,950 | down 8.09% |
| 84084 | West Jordan | Condo | $137,900 | down 16.79% |
| 84088 | West Jordan | Single Family | $203,000 | down 13.30% |
| 84088 | West Jordan | Condo | $132,900 | N/A |
| 84092 | Sandy | Single Family | $308,750 | up 11.28% |
| 84092 | Sandy | Condo | $137,450 | N/A |
| 84093 | Sandy | Single Family | $290,000 | up 1.22% |
| 84093 | Sandy | Condo | $702,500 | N/A |
| 84094 | Sandy | Single Family | $202,250 | down 11.25% |
| 84094 | Sandy | Condo | $175,000 | N/A |
| 84095 | South Jordan | Single Family | $275,003 | down 5.61% |
| 84095 | South Jordan | Condo | $169,000 | down 18.34% |
| 84096 | Herriman | Single Family | $296,429 | up 10.35% |
| 84096 | Herriman | Condo | $147,200 | N/A |
| 84101 | Salt Lake City | Single Family | No Sales | N/A |
| 84101 | Salt Lake City | Condo | $222,500 | up 22.93% |
| 84102 | Salt Lake City | Single Family | $225,000 | down 0.89% |
| 84102 | Salt Lake City | Condo | $180,750 | down 14.80% |
| 84103 | Salt Lake City | Single Family | $450,000 | up 25% |
| 84103 | Salt Lake City | Condo | $177,000 | up 2.37% |
| 84104 | Salt Lake City | Single Family | $106,000 | down 19.67% |
| 84104 | Salt Lake City | Condo | No Sales | N/A |
| 84105 | Salt Lake City | Single Family | $264,000 | up 1.93% |
| 84105 | Salt Lake City | Condo | $292,000 | N/A |
| 84106 | Salt Lake City | Single Family | $223,750 | down 0.11% |
| 84106 | Salt Lake City | Condo | $140,000 | up 7.73% |
| 84107 | Murray | Single Family | $203,500 | up 6.54% |
| 84107 | Murray | Condo | $158,000 | up 17.69% |
| 84108 | Salt Lake City | Single Family | $315,000 | down 17.30% |
| 84108 | Salt Lake City | Condo | $220,000 | N/A |
| 84109 | Salt Lake City | Single Family | $278,000 | down 2.88% |
| 84109 | Salt Lake City | Condo | $497,000 | N/A |
| 84111 | Salt Lake City | Single Family | $163,450 | down 12.57% |
| 84111 | Salt Lake City | Condo | $137,500 | down 45.22% |
| 84115 | South Salt Lake | Single Family | $136,000 | down 6.54% |
| 84115 | South Salt Lake | Condo | $145,878 | up 55.93% |
| 84116 | Salt Lake City | Single Family | $124,100 | down 24.82% |
| 84116 | Salt Lake City | Condo | $88,750 | N/A |
| 84117 | Holladay | Single Family | $302,000 | down 19.78% |
| 84117 | Holladay | Condo | $168,500 | up 20.44% |
| 84118 | Taylorsville/Kearns | Single Family | $138,950 | down 23.79% |
| 84118 | Taylorsville/Kearns | Condo | $190,000 | N/A |
| 84119 | West Valley City | Single Family | $148,450 | down 9.73% |
| 84119 | West Valley City | Condo | $114,800 | down 25.09% |
| 84120 | West Valley City | Single Family | $147,000 | down 11.70% |
| 84120 | West Valley City | Condo | $135,000 | N/A |
| 84121 | Cottonwood | Single Family | $250,000 | down 24.50% |
| 84121 | Cottonwood | Condo | $153,000 | down 46.57% |
| 84123 | Taylorsville/Murray | Single Family | $193,000 | down 11.53% |
| 84123 | Taylorsville/Murray | Condo | $103,575 | down 35.17% |
| 84124 | Holladay | Single Family | $308,206 | up 2.74% |
| 84124 | Holladay | Condo | $202,000 | N/A |
| 84128 | West Valley City | Single Family | $166,000 | down 5.72% |
| 84128 | West Valley City | Condo | $160,500 | N/A |