Salt Lake County Annual 2011 Home Prices

Stronger home sales in 2011 did not stop home prices declining nearly 10%, dipping under the $200,000 level. The median home price for a single family home in Salt Lake County stood at $199,000 at the end of 2011. Home sales for the year increased 9.55% to 9408, the highest level seen for a number of years.

Looking at zip codes within Salt Lake County, only 2 zip codes returned a positive increase in sales price. Those were 84108 up 4.35% and 84102 up 0.44%. Of those areas that went down in value, the worst hit were 84104 down 30.61% and West Valley City down 84119.

City Zip Code Median Price Units Sold Percentage Change
Copperton 84006 $117,400 4 N/A
Cottonwood 84121 $280,000 339 down 2.11%
Draper 84020 $329,000 498 down 11.08%
Herriman 84096 $255,000 465 down 3.41%
Holladay 84117 $292,900 153 down 7.02%
Holladay 84124 $267,900 189 down 17.02%
Kearns 84118 $128,100 786 down 14.54%
Magna 84044 $117,000 305 down 13.91%
Midvale 84047 $165,500 193 down 5.43%
Murray 84107 $185,000 163 down 8.42%
Riverton 84065 $263,750 397 down 2.31%
Salt Lake City 84101 $100,000 9 N/A
Salt Lake City 84102 $226,000 85 up 0.44%
Salt Lake City 84103 $350,000 162 down 0.10%
Salt Lake City 84104 $85,000 199 down 30.61%
Salt Lake City 84105 $245,000 299 down 3.92%
Salt Lake City 84106 $213,700 269 down 5.86%
Salt Lake City 84108 $360,000 225 up 4.35%
Salt Lake City 84109 $257,000 231 down 9.82%
Salt Lake City 84111 $139,900 59 down 2.17%
Salt Lake City 84116 $120,000 239 down 17.24%
Sandy 84070 $177,500 212 down 11.25%
Sandy 84092 $289,950 312 down 12.00%
Sandy 84093 $280,000 222 down 0.32%
Sandy 84094 $189,950 244 down 11.65%
South Jordan 84095 $275,349 631 down 4.95%
South Salt Lake 84115 $139,900 191 down 6.73%
Taylorsville/Murray 84123 $185,000 141 down 11.69%
Taylorsville 84129 $155,900 39 N/A
West Jordon 84084 $158,000 447 down 14.59%
West Jordon 84088 $197,000 398 down 4.37%
West Valley 84119 $125,000 276 down 18.83%
West Valley 84120 $132,000 428 down 13.98%
West Valley 84128 $146,000 346 down 12.13%
Data from WFR MLS quarterly stats report for single family homes. Data includes short sales.
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