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

Sun Nov 02 2025
This week the median list price for Salt Lake City, UT is $699,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 3,054. Click here to stay informed with the Salt Lake City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Salt Lake City, UT

Sun Nov 02 2025
This week the median list price for Salt Lake City, UT is $699,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 3,054. Click here to stay informed with the Salt Lake City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Salt Lake City market.
Median List Price $699,000
Median Price of New Listings $818,000
Per Square Foot $259
Average Days on Market 95
Median Days on Market 63
Price Decreased 46%
Price Increased 2%
Relisted 9%
Inventory 3,054
Median Rent
Market Action 38
Slight Seller's Advantage

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
$2,263,500 4,855 0.5 - 1 acre 5 4 18 105 113 84
$845,000 3,552 8,000 - 10,000 sqft 5 3 21 44 73 63
$620,000 2,784 6,500 - 8,000 sqft 4 2.5 20 55 71 63
$479,500 1,919 6,500 - 8,000 sqft 4 2 46 69 96 49