Salt Lake County, UT

The Mortgage Maven | Ashley Collier

Salt Lake County, UT

Single-Family Homes

801-751-3283 | acollier@nexamortgage.com

Thu Nov 21 2024
This week the median list price for Salt Lake County, UT is $681,900 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 1,684. 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		$681,900
Median Price of New Listings		$649,000
Per Square Foot		$258
Average Days on Market		77
Median Days on Market		49
Price Decreased		48%
Price Increased		3%
Relisted		5%
Inventory		1,684
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
$1,499,995	4,900	0.25 - 0.5 acre	5	3.5	23	23	39	70
$789,000	3,394	8,000 - 10,000 sqft	4	2.5	20	38	51	56
$610,000	2,556	6,500 - 8,000 sqft	4	2.5	28	35	36	49
$469,999	1,789	6,500 - 8,000 sqft	4	1.5	63	51	69	35

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,499,995	4,900	0.25 - 0.5 acre	5	3.5	23	23	39	70
$789,000	3,394	8,000 - 10,000 sqft	4	2.5	20	38	51	56
$610,000	2,556	6,500 - 8,000 sqft	4	2.5	28	35	36	49
$469,999	1,789	6,500 - 8,000 sqft	4	1.5	63	51	69	35

Median Price	Top $1,499,995	Upper $789,000	Lower $610,000	Bottom $469,999
Sq. Ft.	4,900	3,394	2,556	1,789
Lot Size	0.25 - 0.5 acre	8,000 - 10,000 sqft	6,500 - 8,000 sqft	6,500 - 8,000 sqft
Beds	5	4	4	4
Baths	3.5	2.5	2.5	1.5
Age	23	20	28	63
New	23	38	35	51
Absorbed	39	51	36	69
DOM	70	56	49	35

The Mortgage Maven | Ashley Collier