Tracey Velt's Market Report
Salt Lake City, UT
Single-Family Homes
HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498
Salt Lake City, UT
Thu Jun 04 2026
This week the median list price for Salt Lake City, UT is $775,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 2,506.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $775,000 | |
| Median Price of New Listings | $750,000 | |
| Per Square Foot | $271 | |
| Average Days on Market | 79 | |
| Median Days on Market | 42 | |
| Price Decreased | 36% | |
| Price Increased | 3% | |
| Relisted | 6% | |
| Inventory | 2,506 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,700,000 | 5,279 | 0.5 - 1 acre | 5 | 4.3 | 19 | 88 | 72 | 42 |
| $950,000 | 3,737 | 0.25 - 0.5 acre | 5 | 3.3 | 20 | 63 | 72 | 42 |
| $665,000 | 2,898 | 6,500 - 8,000 sqft | 4 | 2.5 | 19 | 75 | 87 | 42 |
| $499,000 | 1,939 | 6,500 - 8,000 sqft | 3 | 2 | 47 | 86 | 114 | 42 |