Property prices for sale in Salt Lake City (Utah)

The prices in real estate in Salt Lake City, in the Utah region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$701,491
Average price last 6 months
$334.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salt Lake City has fallen in the last 6 months. In May, the average price per sq.feet was $351. In the following month the price per sq.feet decreased to $333. In the following two months the price per sq.feet has barely changed, going from $342 to $333.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $337.75 to $329 during September y October

Average price

Based upon to the price in Salt Lake City (cities), this has gone downing the last 6 months. The average price for May is $777,754. During June the price had a slight fall till $678,777. In the following two months the average price has remained the same with regard to the previous two months from $728,265.5 to $721,145. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $724,705.25 to $655,062.5 in September and October.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $620,140 they are 40 % more affordable than the average price for Salt Lake City. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $556,646.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $305 / sq.feet, with an average $322 / sq.feet price in Salt Lake City. The properties with the highest average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at $357 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $620,140 it is 31 % cheaper than the average price in Salt Lake City. "Office" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $679,432 it is 12 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $193 / sq.feet followed by "Duplex" priced at $281 / sq.feet. "Condo" is the most costly type of property with a $364 / sq.feet cost followed by "House" with an average price of $312 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Salt Lake City
Number of properties used in region Utah
$620,140
$322
16,582
204,318
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value