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Trela Bird
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Urban Utah Homes and Estates

Salt Lake County Home Prices - 3rd Quarter 2016

Information on Salt Lake County home prices for the 3rd quarter 2016.


3rd Quarter 2016 Home Prices

The median sales price for a single family home surpassed the $300,000 for the first time in the 3rd quarter 2016. The median sales price was $301,000, well above the 2007 high of $256,000. Sales were down in the quarter, with high home prices and a shrinking inventory level putting the squeeze onĀ  home buyers. There were 3,759 homes sold in the quarter, a decline of 2.11%. Homes also sold fast, taking just 12 days to go under contract, a sure sign of a very strong sellers market.

The best performing area in Salt Lake County was Riverton with an 18% increase to $385,000. Only 2 zip codes saw their median sales prices decline, with Sandy 84094 performing the worst, dropping 14% to to stand at $325,900.

City Postcode Median Price Units Sold Percentage Change
Copperton 84006 $190,000 1 N/A
Cottonwood 84121 $367,000 151 up 4.86%
Draper 84020 $460,000 137 up 3.14%
Herriman 84096 $336,987 228 up 4.46%
Holladay 84117 $384,950 66 down 1.29%
Holladay 84124 $417,100 77 up 8.62%
Kearns 84118 $210,000 228 up 11.70%
Magna 84044 $202,325 110 up 13.31%
Midvale 84047 $253,000 58 up 10%
Murray 84107 $274,900 53 up 7.17%
Riverton 84065 $385,000 180 up 18.10%
Salt Lake City 84101 $164,650 4 N/A
Salt Lake City 84102 $345,000 33 up 8.07%
Salt Lake City 84103 $499,500 72 up 15.92%
Salt Lake City 84104 $168,000 54 up 7.35%
Salt Lake City 84105 $384,400 127 up 5.6%
Salt Lake City 84106 $310,000 136 up 10.75%
Salt Lake City 84108 $478,500 73 up 12.99%
Salt Lake City 84109 $407,000 96 up 14.01%
Salt Lake City 84111 $260,000 22 up 8.38%
Salt Lake City 84116 $215,000 89 up 13.16%
Sandy 84070 $265,000 77 up 6%
Sandy 84092 $400,000 115 up 8.11%
Sandy 84093 $325,900 77 down 14.69%
Sandy 84094 $285,000 111 up 7.55%
South Jordan 84009 $380,000 131 up 6.03%
South Jordan 84095 $411,074 190 up 16.97%
South Salt Lake 84115 $231,050 82 up 10.05%
Taylorsville/Murray 84123 $275,000 88 up 7.52%
Taylorsville 84129 $243,000 103 up 9.46%
West Jordon 84084 $255,000 127 up 10.39%
West Jordon 84088 $284,500 154 up 16.60%
West Valley 84119 $207,000 103 up 10.92%
West Valley 84120 $215,000 172 up 5.91%
West Valley 84128 $235,500 86 up 7.31%

Data for home prices information provided by WFRMLS