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Salt Lake County Home Prices - 3rd Quarter 2008

Information on Salt Lake County home prices for the 3rd quarter 2008.


3rd Quarter 2008 Home Prices

Single-family home prices in the 3rd quarter 2008 continued to come under pressure from a tight lending market and a slowdown in the U.S. economy. There were only 3 zip codes in Salt Lake County that returned an increase in the median sales price, 84020 (Draper), 84047 (Midvale) and 84116 (Salt Lake City) returning small gains. The areas experiencing the biggest losses were 84117 (Holladay) and 84107 (Murray) whose median home sales price fell 22.78% and 19.42% respectively.

City Postcode Median Price Units Sold Percentage Change
Cottonwood 84121 $300,000 74 down 9.62%
Draper 84020 $399,450 97 up 1.91%
Holladay 84117 $300,000 102 down 22.78%
Holladay 84124 $331,250 71 down 12.82%
Magna 84044 $165,000 62 down 8%
Midvale 84047 $224,000 63 up 1.82%
Murray 84107 $209,500 50 down 19.42%
Riverton 84065 $322,000 86 down 12.74%
Salt Lake City 84101 N/A N/A N/A
Salt Lake City 84102 $253,000 66 down 8.65%
Salt Lake City 84103 $372,900 76 down 0.56%
Salt Lake City 84104 $140,000 51 down 4.44%
Salt Lake City 84105 $287,500 55 down 4.17%
Salt Lake City 84106 $245,000 58 down 5.04%
Salt Lake City 84108 $369,500 84 down 5.32%
Salt Lake City 84109 $315,000 61 down 9.35%
Salt Lake City 84111 $165,000 33 down 18.92%
Salt Lake City 84112 N/A N/A N/A
Salt Lake City 84113 N/A N/A N/A
Salt Lake City 84116 $180,000 60 up 1.12%
Sandy 84070 $228,500 69 down 4.39%
Sandy 84092 $369,000 91 down 7.26%
Sandy 84093 $320,000 62 down 7.31%
Sandy 84094 $250,000 60 down 0.20%
South Jordan 84095 $350,000 75 down 3.70%
South Salt Lake 84115 $179,450 57 down 2.31%
Taylorsville 84118 $185,400 56 down 4.90%
Taylorsville 84123 $209,000 75 down 8.13%
West Jordon 84084 $220,250 69 down 2.11%
West Jordon 84088 $247,000 61 down 4.96%
West Valley 84119 $169,000 58 down 3.43%
West Valley 84120 $190,000 56 down 2.81%
West Valley 84128 $205,000 72 down 6.39%

Data for home prices information provided by WFRMLS