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Salt Lake County Home Prices - 1st Quarter 2016

Information on Salt Lake County home prices for the 1st quarter 2016.


1st Quarter 2016 Home Prices

The Salt Lake County housing market continued its upward climb in the 1st quarter 2016. Two of the 3 key market indicators showed positive signs, with the median sales price of a single family home increasing 7.38%, and the time taken to sell a home falling over 45%. The one indicator that did not improve was the number of home sales, which fell 2.85%. This fall could be due to the tightening inventory levels; after all if fewer homes are listed you might expect fewer sales.

City Postcode Median Price Units Sold Percentage Change
Copperton 84006 $175,000 3 N/A
Cottonwood 84121 $376,500 90 up 25.50%
Draper 84020 $431,750 79 up 3.41%
Herriman 84096 $327,500 167 up 9.64%
Holladay 84117 $378,500 36 down 2.95%
Holladay 84124 $420,000 52 up 29.03%
Kearns 84118 $200,000 192 up 17.30%
Magna 84044 $189,900 111 up 14.40%
Midvale 84047 $224,900 69 up 3.64%
Murray 84107 $244,000 43 up 6.09%
Riverton 84065 $329,000 107 up 4.80%
Salt Lake City 84101 $147,500 4 N/A
Salt Lake City 84102 $339,950 16 up 13.70%
Salt Lake City 84103 $449,500 48 up 14.67%
Salt Lake City 84104 $160,000 49 up 4.23%
Salt Lake City 84105 $355,000 67 up 13.24%
Salt Lake City 84106 $295,000 88 up 11.69%
Salt Lake City 84108 $437,500 40 up 4.67%
Salt Lake City 84109 $367,475 42 up 9.63%
Salt Lake City 84111 $234,000 16 up 17%
Salt Lake City 84116 $200,000 51 up 24.22%
Sandy 84070 $254,150 52 up 12.71%
Sandy 84092 $399,900 67 up 22.88%
Sandy 84093 $345,000 47 up 11.11%
Sandy 84094 $259,000 65 up 5.71%
South Jordan 84009 $361,441 51 N/A
South Jordan 84095 $375,000 135 up 2.16%
South Salt Lake 84115 $200,950 64 up 8.62%
Taylorsville/Murray 84123 $249,900 49 up 3.26%
Taylorsville 84129 $229,950 65 up 11.22%
West Jordon 84084 $235,000 103 up 11.90%
West Jordon 84088 $270,000 104 up 13.92%
West Valley 84119 $199,000 89 up 11.64%
West Valley 84120 $201,000 115 up 12.20%
West Valley 84128 $221,475 78 up 13.61%

Data for home prices information provided by WFRMLS