Single-Family Homes
Wed Dec 04 2024
This week the median list price for Salt Lake County, UT is $694,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 1,583.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $694,000 | |
Median Price of New Listings | $607,499 | |
Per Square Foot | $258 | |
Average Days on Market | 82 | |
Median Days on Market | 56 | |
Price Decreased | 49% | |
Price Increased | 3% | |
Relisted | 6% | |
Inventory | 1,583 | |
Median Rent | ||
Market Action | 42 | |
Slight Seller's Advantage |
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,500,000 | 4,888 | 0.25 - 0.5 acre | 5 | 3.5 | 23 | 18 | 55 | 70 |
$797,945 | 3,434 | 8,000 - 10,000 sqft | 4 | 3 | 20 | 24 | 57 | 59 |
$614,950 | 2,605 | 4,500 - 6,500 sqft | 4 | 2.5 | 23 | 27 | 56 | 56 |
$469,500 | 1,794 | 6,500 - 8,000 sqft | 4 | 2 | 59 | 47 | 87 | 42 |