Salt Lake County, UT

The Mortgage Maven | Ashley Collier

Salt Lake County, UT

Single-Family Homes

801-751-3283 | acollier@nexamortgage.com

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. Click here to stay informed with the Salt Lake County market!

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

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

Median Price	Top $1,500,000	Upper $797,945	Lower $614,950	Bottom $469,500
Sq. Ft.	4,888	3,434	2,605	1,794
Lot Size	0.25 - 0.5 acre	8,000 - 10,000 sqft	4,500 - 6,500 sqft	6,500 - 8,000 sqft
Beds	5	4	4	4
Baths	3.5	3	2.5	2
Age	23	20	23	59
New	18	24	27	47
Absorbed	55	57	56	87
DOM	70	59	56	42

The Mortgage Maven | Ashley Collier