Salt Lake County, UT

The Mortgage Maven | Ashley Collier

Salt Lake County, UT

Single-Family Homes

801-751-3283 | acollier@nexamortgage.com

Wed Jan 22 2025
This week the median list price for Salt Lake County, UT is $682,042 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 1,286. 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		$682,042
Median Price of New Listings		$659,950
Per Square Foot		$256
Average Days on Market		94
Median Days on Market		77
Price Decreased		37%
Price Increased		3%
Relisted		8%
Inventory		1,286
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
$1,473,448	4,751	0.25 - 0.5 acre	5	3.5	21	22	25	91
$779,000	3,410	6,500 - 8,000 sqft	4	2.5	19	33	36	77
$610,000	2,561	4,500 - 6,500 sqft	4	2.5	24	27	34	73
$470,000	1,765	6,500 - 8,000 sqft	4	1.5	59	36	60	56

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,473,448	4,751	0.25 - 0.5 acre	5	3.5	21	22	25	91
$779,000	3,410	6,500 - 8,000 sqft	4	2.5	19	33	36	77
$610,000	2,561	4,500 - 6,500 sqft	4	2.5	24	27	34	73
$470,000	1,765	6,500 - 8,000 sqft	4	1.5	59	36	60	56

Median Price	Top $1,473,448	Upper $779,000	Lower $610,000	Bottom $470,000
Sq. Ft.	4,751	3,410	2,561	1,765
Lot Size	0.25 - 0.5 acre	6,500 - 8,000 sqft	4,500 - 6,500 sqft	6,500 - 8,000 sqft
Beds	5	4	4	4
Baths	3.5	2.5	2.5	1.5
Age	21	19	24	59
New	22	33	27	36
Absorbed	25	36	34	60
DOM	91	77	73	56

The Mortgage Maven | Ashley Collier