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South Salt Lake Market Report

$652,660

AVERAGE PRICE OF 70 HOMES

$2,148,572

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$559,822

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$593,497

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $652,660
Avg Bedrooms 2.41 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

2 bedrooms $338,063
3 bedrooms $504,789
4 bedrooms $566,487
5 bedrooms $662,000
South Salt Lake Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 81 74 69 71 63
Average Price $697,692 $736,348 $834,151 $807,290 $832,541
Avg Price Change -5.54% -13.28% +3.33% -3.13% +1.79%
Median Price $522,770 $538,492 $555,000 $555,000 $552,888
Med Price Change -3.01% -3.07% 0.00% +0.38% +4.85%
Avg Bedrooms 2.81 beds 3.01 beds 3.05 beds 3.12 beds 3.11 beds
Avg Bathrooms 2.05 baths 2.13 baths 2.16 baths 2.21 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cottonwood 41 $511,269 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 70 $652,660 90 days
Multi-Million Dollar Homes 7 $2,148,572 144 days
Newly Built Homes 15 $559,822 104 days
Reduced Price Homes 4 $593,497 65 days
R Squared Real Estate
Ryan Larsen
3195 S Main St Suite 265
Salt Lake City, UT 84115
801-560-7534
Richard Barrow
Nexa Mortgage
801-450-5106
rbarrow@nexamortgage.com
NMLS # 230124
Ryan Larsen

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of December 10, 2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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