Salt Lake City Real Estate Trends & Statistics

Salt Lake City Median List Price

$235,000

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Salt Lake City Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	1,064	1,026	4%	1,413	25%
Median List Price	$235,000	$233,900		$214,900	9%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	7%	8%		8%
Median DOM	53	54	2%	63	16%
Median House Size	1,812	1,820		1,800	1%
Median $/Sqft	$138/sqft	$136/sqft	1%	$123/sqft	12%

	Today	1 Month Ago		1 Year Ago
Total Inventory	734	698	5%	955	23%
Median List Price	$259,900	$259,900		$229,900	13%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	9%	9%		10%
Median DOM	46	47	2%	55	16%
Median House Size	2,106	2,103		2,052	3%
Median $/Sqft	$132/sqft	$128/sqft	3%	$111/sqft	19%

	Today	1 Month Ago		1 Year Ago
Total Inventory	330	328	1%	458	28%
Median List Price	$179,900	$179,000	1%	$189,900	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	4%	4%		4%
Median DOM	70	65	8%	90	22%
Median House Size	1,134	1,134		1,140	1%
Median $/Sqft	$166/sqft	$170/sqft	2%	$161/sqft	3%

Salt Lake City Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	323	219	132	191	150	214	220
New Listings	457	332	230	345	440	562	595
Sold/Expired	634	544	448	451	487	600	601

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	257	154	94	139	109	157	167
New Listings	375	266	176	267	333	419	490
Sold/Expired	485	425	338	356	361	462	469

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	66	65	38	52	41	57	53
New Listings	82	66	54	78	107	143	105
Sold/Expired	149	119	110	95	126	138	132

Salt Lake City, Utah real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Salt Lake City homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Salt Lake City. Movoto is your comprehensive source for Salt Lake City property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Salt Lake City, UT Market Overview

Inventory: 1,064 Recently Sold: 601 New Listings: 595 Distressed: 7

Salt Lake City's home resale inventories increased slightly, with a 4 percent increase since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Salt Lake City stayed the same from April to May. There were a total of 30 price increases and 220 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

1346 Harvard Ave, Salt Lake City, UT