Fourth Quarter Wasatch Front Housing Report

Posted by Help Now on Thursday, January 30th, 2020 at 4:21pm.

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:

Alpine $752,000
Emigration Canyon $646,500
Avenues $644,000
Eden $578,000
Draper $570,000
Sandy 84093 $533,500
Holladay $528,500
Sandy 84092 $518,500
South Jordan $510,000
Sugar House  $497,430

The five most affordable zip codes are: South Ogden - $237,250; Farr West - $252,500; Roy - $260,000; Glendale - $263,000; Magna - $272,500.  

About the Author:

Utah Dave - Neighborhood ExpertUtah Dave - Daybreak Neighboorhood Expert and Local Resident

My friends nicknamed me Utah Dave in high school because they said it didn't matter where we went in Utah, I would know how to get there and who we needed to talk to. The name sticks today as UtahDave has formed into a professional real estate network of Neighborhood Experts all across the state. I live in Daybreak with my wife and 4 amazing children. I enjoy dancing (which is how I met my wife Dawn) as well as traveling, coaching, and learning.

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