Salt Lake County Prices 4Q 2012
Summary of how the Salt Lake County Utah housing market performed in the fourth quarter 2012.
4th Quarter 2012 Housing Market Update
The Salt Lake housing market really took off in the 4th quarter 2012 with the median home price for a single family home increasing 13.02% when compared to the 4th quarter 2011. The strong performance saw just 2 zip codes decline in value, while 19 zip codes returned double digit gains. The most impressive median price gain was seen in 84104 (Glendale) which returned a 46.20% increase. Other noticeable increases were seen in 84111 (Central City) 36.36% and 84115 (South Salt Lake) 34.22%.
While the single family home real estate market continued its upward momentum, the condo market continued to lag behind. The key indicators did head in the right direction, with more condos selling (up 10.62%) and faster sales (29% drop in the median days on market), but it was not enough to stop the median condo sale price declining 1.93%.
| Zip Code | City | Property Type | Median Price | Percentage Change |
|---|---|---|---|---|
| 84020 | Draper | Single Family | $360,000 | up 6.67% |
| 84020 | Draper | Condo | $184,500 | N/A |
| 84044 | Magna | Single Family | $122,500 | up 12.39% |
| 84044 | Magna | Condo | $50,000 | N/A |
| 84047 | Midvale | Single Family | $176,500/td> | up 11.71% |
| 84047 | Midvale | Condo | $99,000 | down 3.88% |
| 84065 | Riverton | Single Family | $297,650 | up 16.56% |
| 84065 | Riverton | Condo | $129,000 | N/A |
| 84070 | Sandy | Single Family | $189,950 | up 7.04% |
| 84070 | Sandy | Condo | $114,500 | N/A |
| 84084 | West Jordan | Single Family | $180,000 | up 20% |
| 84084 | West Jordan | Condo | $120,000 | N/A |
| 84088 | West Jordan | Single Family | $221,375 | up 19.18% |
| 84088 | West Jordan | Condo | $185,005 | N/A |
| 84092 | Sandy | Single Family | $333,250 | down 10.37% |
| 84092 | Sandy | Condo | No Sales | N/A |
| 84093 | Sandy | Single Family | $295,750 | up 13.99% |
| 84093 | Sandy | Condo | $225,000 | N/A |
| 84094 | Sandy | Single Family | $215,000 | up 8.92% |
| 84094 | Sandy | Condo | $126,000 | N/A |
| 84095 | South Jordan | Single Family | $305,000 | up 14.66% |
| 84095 | South Jordan | Condo | $220,000 | N/A |
| 84096 | Herriman | Single Family | $272,500 | up 7.89% |
| 84096 | Herriman | Condo | $145,000 | N/A |
| 84101 | Salt Lake City | Single Family | $95,825 | N/A |
| 84101 | Salt Lake City | Condo | $192,750 | down 8.21% |
| 84102 | Salt Lake City | Single Family | $235,540 | down 17.39% |
| 84102 | Salt Lake City | Condo | $158,000 | up 0.13% |
| 84103 | Salt Lake City | Single Family | $420,000 | up 22.63% |
| 84103 | Salt Lake City | Condo | $152,000 | down 17.39% |
| 84104 | Salt Lake City | Single Family | $125,000 | up 46.20% |
| 84104 | Salt Lake City | Condo | $52,000 | N/A |
| 84105 | Salt Lake City | Single Family | $262,150 | up 13.56% |
| 84105 | Salt Lake City | Condo | No Sales | N/A |
| 84106 | Salt Lake City | Single Family | $229,670 | up 12.02% |
| 84106 | Salt Lake City | Condo | $188,000 | up 49.21% |
| 84107 | Murray | Single Family | $203,500 | up 9.70% |
| 84107 | Murray | Condo | $99,500 | up 43.89% |
| 84108 | Salt Lake City | Single Family | $352,000 | up 8.31% |
| 84108 | Salt Lake City | Condo | $234,000 | N/A |
| 84109 | Salt Lake City | Single Family | $302,000 | up 18.90% |
| 84109 | Salt Lake City | Condo | $75,000 | N/A |
| 84111 | Salt Lake City | Single Family | $186,000 | up 36.36% |
| 84111 | Salt Lake City | Condo | $129,500 | down 16.14% |
| 84115 | South Salt Lake | Single Family | $176,500 | up 34.22% |
| 84115 | South Salt Lake | Condo | $115,000 | N/A |
| 84116 | Salt Lake City | Single Family | $137,500 | up 9.17% |
| 84116 | Salt Lake City | Condo | $47,500 | N/A |
| 84117 | Holladay | Single Family | $334,675 | up 23.95% |
| 84117 | Holladay | Condo | $181,500 | up 19.02% |
| 84118 | Taylorsville/Kearns | Single Family | $144,900 | up 20.75% |
| 84118 | Taylorsville/Kearns | Condo | No Sales | N/A |
| 84119 | West Valley City | Single Family | $135,000 | up 8.96% |
| 84119 | West Valley City | Condo | $96,450 | up 30.34% |
| 84120 | West Valley City | Single Family | $150,000 | up 11.11% |
| 84120 | West Valley City | Condo | $20,000 | N/A |
| 84121 | Cottonwood | Single Family | $282,750 | down 8.76% |
| 84121 | Cottonwood | Condo | $175,000 | up 36.72% |
| 84123 | Taylorsville/Murray | Single Family | $182,000 | up 1.11% |
| 84123 | Taylorsville/Murray | Condo | $87,000 | up 4.82% |
| 84124 | Holladay | Single Family | $321,000 | up 8.81% |
| 84124 | Holladay | Condo | $110,500 | N/A |
| 84128 | West Valley City | Single Family | $167,500 | up 17.13% |
| 84128 | West Valley City | Condo | $168,000 | N/A |