Salt Lake County Annual Home Prices 2014
Summary of how the Salt Lake County Utah housing market performed in 2014.
2014 Housing Market Update
2014 was a year of reflection for the Salt Lake real estate market. The year started strong, took a breather in the middle two quarters and them seemed to pick up again in the 4th quarter. The year finished with the single family median home price increasing 4.08% and condo price increasing 6.02%. Homes did take longer to sell, but the median of 34 days is still a pretty good number.
The areas that experienced the biggest median sales price increase were Salt Lake City 84111 up 11.01%, Salt Lake City 84105 up 11.98% and Midvale 84047 up 10.15%. All these areas had a median sales price in the $200,000 to low $300,000 range.
To sum up 2014 moved away from a seller’s market to more of a balanced/normal market.
Zip Code | City | Property Type | Median Price | Percentage Change |
---|---|---|---|---|
84020 | Draper | Single Family | $405,500 | up 1.77% |
84020 | Draper | Condo | $210,000 | up 4.48% |
84044 | Magna | Single Family | $158,000 | up 6.04% |
84044 | Magna | Condo | $76,750 | N/A |
84047 | Midvale | Single Family | $214,800 | up 10.15% |
84047 | Midvale | Condo | $131,500 | up 7.16% |
84065 | Riverton | Single Family | $331,000 | up 6.90% |
84065 | Riverton | Condo | $159,309 | down 6.96% |
84070 | Sandy | Single Family | $320,590 | up 2.95% |
84070 | Sandy | Condo | $149,060 | up 0.44% |
84084 | West Jordan | Single Family | $209,050 | up 4.53% |
84084 | West Jordan | Condo | $127,265 | down 6.42% |
84088 | West Jordan | Single Family | $245,000 | up 4.26% |
84088 | West Jordan | Condo | $225,000 | up 48.03% |
84092 | Sandy | Single Family | $363,608 | up 2.42% |
84092 | Sandy | Condo | $344,500 | N/A |
84093 | Sandy | Single Family | $324,900 | up 1.53% |
84093 | Sandy | Condo | $740,000 | N/A |
84094 | Sandy | Single Family | $245,000 | up 6.99% |
84094 | Sandy | Condo | $130,000 | up 6.12% |
84095 | South Jordan | Single Family | $349,863 | up 6.99% |
84095 | South Jordan | Condo | $164,200 | down 4.38% |
84096 | Herriman | Single Family | $311,000 | up 7.17% |
84096 | Herriman | Condo | $150,000 | N/A |
84101 | Salt Lake City | Single Family | $132,500 | down 17.19% |
84101 | Salt Lake City | Condo | $233,599 | down 4.65% |
84102 | Salt Lake City | Single Family | $269,900 | down 1.48% |
84102 | Salt Lake City | Condo | $165,000 | up 6.45% |
84103 | Salt Lake City | Single Family | $405,000 | up 1.26% |
84103 | Salt Lake City | Condo | $183,500 | up 0.41% |
84104 | Salt Lake City | Single Family | $137,450 | up 11.98% |
84104 | Salt Lake City | Condo | $60,450 | N/A |
84105 | Salt Lake City | Single Family | $313,700 | up 10.07% |
84105 | Salt Lake City | Condo | $117,250 | N/A |
84106 | Salt Lake City | Single Family | $268,000 | up 6.35% |
84106 | Salt Lake City | Condo | $146,500 | up 8.52% |
84107 | Murray | Single Family | $215,000 | down 3.15% |
84107 | Murray | Condo | $119,000 | down 1.41% |
84108 | Salt Lake City | Single Family | $412,500 | up 7.42% |
84108 | Salt Lake City | Condo | $260,000 | up 15.81% |
84109 | Salt Lake City | Single Family | $325,000 | No Change |
84109 | Salt Lake City | Condo | $179,000 | up 2.61% |
84111 | Salt Lake City | Single Family | $202,600 | up 11.01% |
84111 | Salt Lake City | Condo | $213,000 | up 22.13% |
84115 | South Salt Lake | Single Family | $185,300 | up 5.95% |
84115 | South Salt Lake | Condo | $110,500 | up 15.46% |
84116 | Salt Lake City | Single Family | $162,000 | up 6.58% |
84116 | Salt Lake City | Condo | $68,750 | down 0.65% |
84117 | Holladay | Single Family | $354,750 | down 9.04% |
84117 | Holladay | Condo | $138,000 | up 6.24% |
84118 | Taylorsville/Kearns | Single Family | $169,900 | up 7.53% |
84118 | Taylorsville/Kearns | Condo | $103,220 | N/A |
84119 | West Valley City | Single Family | $170,000 | up 4.94% |
84119 | West Valley City | Condo | $120,750 | up 27.11% |
84120 | West Valley City | Single Family | $177,000 | up 7.27% |
84120 | West Valley City | Condo | $162,250 | N/A |
84121 | Cottonwood | Single Family | $313,000 | up 3.05% |
84121 | Cottonwood | Condo | $199,000 | up 9.49% |
84123 | Taylorsville/Murray | Single Family | $227,000 | down 1.26% |
84123 | Taylorsville/Murray | Condo | $105,000 | down 0.94% |
84124 | Holladay | Single Family | $350,000 | down 2.76% |
84124 | Holladay | Condo | $204,800 | up 17.03% |
84128 | West Valley City | Single Family | $185,750 | up 3.33% |
84128 | West Valley City | Condo | $200,000 | N/A |