Wasatch Front Quarterly Market Reports 2019 Q1 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.
2016
2017
2019
single family homes
AVERAGE
SALES PRICE
7%
$404,976
2018
$
Average and Median Sales Price
2019
2019
single family homes
MEDIAN
SALES PRICE
8%
$358,000
TOWN HOMES
Average and Median Sales Price
2016
2019
condominiums
AVERAGE
MEDIAN
SALES PRICE
10%
2015
$212,500
2018
AVERAGE
2017
MED
2016
2019
town homes
2019
2019
town homes
MEDIAN
SALES PRICE SALES PRICE
10% 10%
$283,153 $280,000
11%
$248,333
2,092
1,588
2019
2019
condominiums
SALES PRICE
K
2018
2017
2015
2015
CONDOMINIUMS
$
Average and Median Sales Price
SINGLE FAMILY HOMES
$
*Percentage change compared to the same time previous year, rolling 12 month format
i
Takeaway: Salt Lake County saw an increase in the number of condominiums and town homes sold with a slight decrease in the number
of single family homes sold over the past 12 months. As construction costs continue to increase and with the average price of a single
family home over $400k, buyers are turning to more affordable options such as condominiums and town homes.
All statistics are based upon Wasatch Front Regional MLS data for the period of 4/1/2018 to 3/31/2019.
FIRST QTR
2019
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