Wasatch Front Quarterly Market Reports 2017 Year End Wasatch Front Market Report | Page 4

SALT LAKE COUNTY
Salt Lake City is a central hub for access to epic ski resorts, national parks, and a lively cultural scene. Salt Lake County
includes Alta, Bluffdale, Cottonwood Heights, Draper, Emigration Canyon, Herriman, Holladay, Midvale, Millcreek, Murray,
Riverton, Salt Lake City, Sandy, South Jordan, Taylorsville, West Jordan, and West Valley City.
$
Average and Median Sales Price
2014
2015
2017
single family homes
AVERAGE
SALES PRICE
2016
2017
2017
single family homes
MEDIAN
SALES PRICE
TOWN HOMES
Average and Median Sales Price
2017
condominiums
2016
AVERAGE
MEDIAN
SALES PRICE
12% 12% 10% 11%
$372,382 $329,950 $217,258 $187,322
2013
2014
2017
town homes
AVERAGE
SALES PRICE
11%
$252,661
2015
MED
1,390
2017
2017
condominiums
SALES PRICE
2015
2014
2013
2013
CONDOMINIUMS
$
Average and Median Sales Price
SINGLE FAMILY HOMES
$
2016
2017
2017
town homes
MEDIAN
SALES PRICE
10%
$248,665
*Percentage change compared to the same time previous year
i
Takeaway: Overall, Salt Lake County saw an increase in the number of condominiums sold and a slight decrease in the number of
single family homes sold from 2016 to 2017. Due to low single family home inventory throughout Salt Lake County and an average
home price of $372K, buyers are turning to condominiums and town homes for affordable options.
All statistics are based upon Wasatch Front Regional MLS data for the period of 1/1/17 to 12/31/17.
YEAR END
2017
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