The Salt Lake Board of Realtors released the fourth quarter housing report and not surprising, the median single-family home price in Salt Lake County increased to $378,000. That's up 8% from 2018's fourth quarter findings, where the median single-family home price was $350,000. A strong demand for housing is driving this price increase with an anticipated 13,700 new residents projected to move into Salt Lake County in 2020. The typical Salt Lake home was on the market for 45 days in the fourth quarter before selling, compared to 40 days in 2018's fourth quarter.
The following chart shows the median home price across the Wasatch Front: