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Salt Lake County Home Prices - 2nd Quarter 2009

Information on Salt Lake County home prices for the 2nd quarter 2009.


2nd Quarter 2009 Home Prices

Home prices continued their slide downwards in the 2nd quarter 2009, but there are some signs that they could be bottoming out. Year on year all but one zip code went down in value, with the only exception being the West Valley City zip code of 84119 which experienced a modest 2.06% gain. The areas experiencing the largest loss where 84102 (Salt Lake City) 21.58%, 84093 (Sandy) 19.58%, and 84095 (South Jordan) 19.20%.

Looking on the bright side, there are some signs that the Salt Lake County real estate market maybe bottoming out. Home sales in June 2009 topped the 1000 mark for the first time since November 2008. In fact, Salt Lake County homes sales were 5% more in June 2009 than June 2008 and 20% more than May 2009.

City Postcode Median Price Units Sold Percentage Change
Copperton 84006 $163,250 60 N/A
Cottonwood 84121 $286,500 87 down 11.98%
Draper 84020 $343,000 102 down 8.13%
Herriman 84096 $269,900 75 down 11.51%
Holladay 84117 $315,000 101 down 5.26%
Holladay 84124 $299,500 87 down 5.32%
Magna 84044 $143,850 84 down 15.49%
Midvale 84047 $206,000 65 down 6.32%
Murray 84107 $213,500 96 down 2.51%
Riverton 84065 $300,000 92 down 0.99%
Salt Lake City 84101 $149,400 100 N/A
Salt Lake City 84102 $223,875 48 down 21.58%
Salt Lake City 84103 $361,000 88 down 4.37%
Salt Lake City 84104 $128,332 83 down 9.63%
Salt Lake City 84105 $260,000 59 down 5.11%
Salt Lake City 84106 $233,000 94 down 9.33%
Salt Lake City 84108 $380,000 72 down 1.81%
Salt Lake City 84109 $285,600 91 down 10.75%
Salt Lake City 84111 $175,000 77 down 4.89%
Salt Lake City 84112 N/A N/A N/A
Salt Lake City 84113 N/A N/A N/A
Salt Lake City 84116 $164,600 70 down 7.35%
Sandy 84070 $214,000 78 down 5.81%
Sandy 84092 $357,250 80 down 2.39%
Sandy 84093 $281,450 80 down 19.57%
Sandy 84094 $230,125 77 down 7.91%
South Jordan 84095 $303,000 96 down 19.20%
South Salt Lake 84115 $171,500 68 down 9.74%
Taylorsville 84118 $170,250 70 down 9.44%
Taylorsville 84123 $212,500 58 down 3.41%
West Jordon 84084 $204,000 79 down 7.90%
West Jordon 84088 $230,950 73 down 16.02%
West Valley 84119 $170.950 64 up 2.06%
West Valley 84120 $162,000 83 down 16.41%
West Valley 84128 $188,260 92 down 9.08%

Data for home prices information provided by WFRMLS