If you need assistance, please call 801-641-3698

Salt Lake City

Salt Lake City Market Report

$3,033,922

AVERAGE PRICE OF 27 HOMES

$4,645,563

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$7,495,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$6,769,286

AVERAGE PRICE OF 7 HOMES WITH A POOL

$1,239,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $3,033,922
Avg Bedrooms 3.96 beds
Avg Bathrooms 4.11 baths

Average Price by Bedrooms

2 bedrooms $946,050
3 bedrooms $1,819,963
4 bedrooms $4,443,667
5 bedrooms $4,174,167
Salt Lake City Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 866 835 959 1,077 1,106
Average Price $989,835 $952,989 $947,807 $940,274 $955,581
Avg Price Change +3.87% +0.55% +0.80% -1.63% -0.83%
Median Price $613,923 $590,550 $599,875 $606,851 $609,559
Med Price Change +3.96% -1.58% -1.16% -0.45% -1.08%
Avg Bedrooms 3.49 beds 3.48 beds 3.58 beds 3.52 beds 3.46 beds
Avg Bathrooms 3.06 baths 3.04 baths 3.12 baths 3.04 baths 2.96 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 27 $3,033,922 105 days
Multi-Million Dollar Homes 16 $4,645,563 80 days
Newly Built Homes 1 $7,495,000 24 days
Homes with a Pool 7 $6,769,286 80 days
Reduced Price Homes 2 $1,239,500 174 days
Black Diamond Realty
James Stewart
9672 S 700 E #202
Salt Lake City, UT 84070
801-641-3698
-------------------------------------------

Marylee Gilchrist
EMAIL: marylee@inspirofinancial.com
Phone:801-898-6784
CLICK HERE FOR MORE INFORMATION
-------------------------------------------

Robert Hofhine
Email:robert.hofhine@nafinc.com
Phone: 801-898-6784
CLICK HERE FOR MORE INFORMATION

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of March 16, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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