Utah Real Estate Market Data

The RL Wright Group stays up on the ever changing Utah Real Estate market conditions. Below is the latest snapshot. Please sign up for our newsletter to stay informed as conditions change.

 

Third Quarter 2002 Sales 3rd Qtr. 2001 Sales 3rd  Qtr. 2002 No. Sales %Up/Dn. Ave. Sale Price 3rd Qtr. 2001 Ave. Sale Price  3rd Qtr. 2002      Ave. Price      
 %Up /Dn.
Brigham/Tremonton
85
120
41.18%
$131,222
$108,740
-17.13%
Cache/Rich
178
226
26.97%
$125,993
$137,440
9.08%
Carbon/Emery
76
57
-25.00%
$80,854
$86,208
6.62%
Central Utah
50
60
20.00%
$88,505
$89,127
0.70%
Grand San Juan
homes
condos
29
6
38
8
31.03%
33.33%
$108,714
$164,816
$121,955
$173,913
12.18%
5.52%
Greater Ogden Area
homes
condos
1052
82
1234
75
17.30%
-8.54
$139,070
$104,863
$142,159
$99,430
2.22%
-5.18%
Iron County
139
159
14.39%
$115,286
$118,567
2.85%
Park City
homes
condos
196
119
227
139
15.82%
16.81%
$513,400
$256,000
$369,000
$431,000
-28.13%
68.36%
Salt Lake
homes
condos
2840
475
2909
485
2.43%
2.11%
$184,889
$132,705
$188,486
$127,074
1.95%
-4.24%
Tooele County
104
99
-4.81%
$127,364
$119,679
-6.03%
Uintah Basin
113
72
-36.28%
$109,480
$113,528
3.70%
Utah County
homes
condos
726
212
1023
263
40.91%
24.06%
$183,038
$126,865
$188,551
$121,952
3.01%
-3.87%
Wasatch County
35
54
54.29%
$235,000
$188,332
-19.86
Washington County
homes
condos
317
92
381
144
20.19%
56.52%
$159,561
$108,332
$162,417
$110,598
1.79%
2.09%
3rd Quarter/2002 Utah Average Sales Price for Homes = $171,832
Average Homes sales minus Park City = $160,926

Salt Lake County Sales by Month

Report Date: Thursday
January 16, 2003

Month Count Volume *List $ *Sale $ *L to S *sq. ft. *$/ sq ft *Beds *Baths

*DOM

Nov 1995 26 $1,760,500 $69,150 $67,712 98% 1,534 $44 3 2 68
Dec 1995 51 $4,088,700 $81,836 $80,171 98% 1,641 $49 3 2 74
Jan 1996 32 $2,786,676 $87,548 $87,084 99% 1,619 $54 3 2 129
Feb 1996 35 $2,788,683 $81,071 $79,677 98% 1,449 $55 3 2 126
Mar 1996 43 $3,987,759 $94,224 $92,739 98% 1,777 $52 3 2 82
Apr 1996 67 $5,623,349 $83,900 $83,931 100% 1,452 $58 3 2 88
May 1996 46 $4,770,566 $105,989 $103,708 98% 1,812 $57 3 2 70
Jun 1996 56 $4,924,990 $89,540 $87,946 98% 1,614 $54 3 2 81
Jul 1996 54 $5,182,323 $97,811 $95,969 98% 1,787 $54 3 2 112
Aug 1996 50 $4,983,985 $101,201 $99,680 98% 1,922 $52 3 2 65
Sep 1996 152 $14,997,975 $100,574 $98,671 98% 1,495 $66 3 2 25
Oct 1996 65 $6,649,643 $103,216 $102,302 99% 1,765 $58 3 2 55
Nov 1996 51 $5,422,430 $107,463 $106,322 99% 1,728 $62 3 2 57
Dec 1996 49 $4,877,420 $100,783 $99,539 99% 1,726 $58 3 2 56
Jan 1997 43 $4,468,015 $105,973 $103,907 98% 1,795 $58 3 2 76
Feb 1997 53 $5,391,695 $103,597 $101,730 98% 1,748 $58 3 2 76
Mar 1997 72 $7,407,861 $104,272 $102,887 99% 1,813 $57 3 2 70
Apr 1997 68 $6,573,807 $98,799 $96,674 98% 1,704 $57 3 2 66
May 1997 70 $7,088,581 $102,249 $101,265 99% 1,691 $60 3 2 81
Jun 1997 63 $6,902,489 $111,089 $109,563 99% 1,866 $59 3 2 72
Jul 1997 80 $9,370,871 $118,371 $117,136 99% 1,989 $59 3 2 81
Aug 1997 64 $7,049,090 $111,630 $110,142 99% 1,753 $63 3 2 89
Sep 1997 65 $7,253,635 $113,877 $111,594 98% 1,878 $59 3 2 74
Oct 1997 64 $7,587,121 $120,749 $118,549 98% 1,938 $61 3 2 81
Nov 1997 56 $6,428,452 $116,785 $114,794 98% 2,085 $55 3 2 79
Dec 1997 62 $6,998,403 $114,218 $112,877 99% 1,915 $59 3 2 84
Jan 1998 33 $3,906,344 $119,136 $118,374 99% 2,114 $56 3 2 76
Feb 1998 61 $6,739,029 $111,637 $110,476 99% 1,943 $57 3 2 96
Mar 1998 65 $7,474,611 $114,774 $114,994 100% 1,973 $58 3 2 98
Apr 1998 52 $5,295,476 $102,725 $101,836 99% 1,763 $58 3 2 97
May 1998 56 $5,807,450 $104,123 $103,704 100% 1,768 $59 3 2 88
Jun 1998 66 $8,130,156 $124,829 $123,184 99% 2,012 $61 3 2 74
Jul 1998 57 $6,828,612 $120,970 $119,800 99% 2,130 $56 4 2 78
Aug 1998 70 $7,921,115 $114,791 $113,159 99% 1,791 $63 3 2 92
Sep 1998 81 $8,925,375 $111,074 $110,190 99% 1,676 $66 3 2 65
Oct 1998 67 $8,265,363 $123,337 $123,364 100% 2,053 $60 3 2 85
Nov 1998 68 $7,939,334 $117,898 $116,755 99% 1,808 $65 3 2 80
Dec 1998 73 $8,312,236 $114,606 $113,866 99% 1,879 $61 3 2 87
Jan 1999 23 $2,896,989 $127,793 $125,956 99% 1,913 $66 3 2 55
Feb 1999 45 $5,701,155 $128,896 $126,692 98% 1,964 $64 3 2 83
Mar 1999 57 $6,923,314 $122,360 $121,462 99% 1,931 $63 3 2 69
Apr 1999 77 $9,133,812 $119,593 $118,621 99% 1,818 $65 3 2 59
May 1999 77 $9,515,350 $123,668 $123,576 100% 2,008 $62 3 2 79
Jun 1999 101 $12,990,077 $129,202 $128,615 100% 2,003 $64 3 2 78
Jul 1999 82 $11,283,194 $137,890 $137,600 100% 2,039 $67 3 2 90
Aug 1999 72 $8,950,878 $125,766 $124,318 99% 2,011 $62 3 2 94
Sep 1999 71 $9,052,047 $128,500 $127,494 99% 2,016 $63 3 2 91
Oct 1999 88 $10,216,512 $117,554 $116,097 99% 1,989 $58 3 2 84
Nov 1999 79 $10,067,458 $128,882 $127,436 99% 2,055 $62 3 2 84
Dec 1999 74 $9,239,016 $126,340 $124,852 99% 1,937 $64 3 2 80
Jan 2000 50 $5,351,066 $109,389 $107,021 98% 1,751 $61 3 2 82
Feb 2000 64 $7,694,501 $122,342 $120,227 98% 1,866 $64 3 2 91
Mar 2000 75 $8,856,065 $118,759 $118,081 99% 1,926 $61 3 2 91
Apr 2000 59 $6,940,098 $119,507 $117,629 98% 1,809 $65 3 2 90
May 2000 85 $11,180,415 $133,666 $131,534 98% 2,149 $61 3 2 85
Jun 2000 93 $12,291,619 $134,292 $132,168 98% 2,050 $64 3 2 89
Jul 2000 63 $7,799,412 $124,357 $123,800 100% 2,041 $61 3 2 81
Aug 2000 85 $12,062,369 $144,920 $141,910 98% 2,214 $64 4 2 72
Sep 2000 76 $9,618,674 $128,531 $126,562 98% 2,013 $63 3 2 87
Oct 2000 69 $9,249,068 $136,824 $134,044 98% 2,108 $64 3 2 82
Nov 2000 67 $7,881,963 $118,835 $117,641 99% 1,762 $67 3 2 91
Dec 2000 69 $8,359,895 $121,794 $121,158 99% 1,846 $66 3 2 99
Jan 2001 56 $7,576,221 $136,901 $135,290 99% 2,045 $66 3 2 115
Feb 2001 69 $7,765,201 $113,062 $112,539 100% 1,739 $65 3 2 107
Mar 2001 92 $11,189,515 $121,822 $121,625 100% 1,882 $65 3 2 100
Apr 2001 108 $12,295,534 $113,660 $113,848 100% 1,750 $65 3 2 105
May 2001 111 $13,521,082 $122,642 $121,812 99% 1,867 $65 3 2 106
Jun 2001 100 $13,032,341 $129,936 $130,323 100% 1,977 $66 3 2 96
Jul 2001 76 $8,823,741 $117,071 $116,102 99% 1,856 $63 3 2 83
Aug 2001 94 $11,038,893 $118,193 $117,435 99% 1,766 $67 3 2 86
Sep 2001 76 $9,306,001 $122,594 $122,447 100% 1,929 $63 3 2 81
Oct 2001 81 $9,891,986 $122,144 $122,123 100% 1,917 $64 3 2 76
Nov 2001 77 $8,763,640 $114,696 $113,814 99% 1,844 $62 3 2 78
Dec 2001 79 $10,175,020 $129,137 $128,798 100% 1,870 $69 3 2 79
Jan 2002 65 $7,998,463 $122,923 $123,053 100% 1,872 $66 3 2 89
Feb 2002 60 $6,827,067 $114,704 $113,784 99% 1,846 $62 3 2 105
Mar 2002 83 $9,938,137 $121,599 $119,737 98% 1,942 $62 3 2 85
Apr 2002 94 $12,406,801 $133,997 $131,987 99% 2,050 $64 3 2 92
May 2002 114 $13,278,980 $116,636 $116,482 100% 1,868 $62 3 2 92
Jun 2002 91 $11,251,278 $126,543 $123,640 98% 1,901 $65 3 2 88
Jul 2002 82 $11,127,516 $138,754 $135,701 98% 2,109 $64 3 2 88
Aug 2002 75 $9,315,744 $126,509 $124,210 98% 2,039 $61 3 2 77
Sep 2002 89 $10,932,790 $123,168 $122,840 100% 1,907 $64 3 2 78
Oct 2002 93 $11,693,478 $126,338 $125,736 100% 1,957 $64 3 2 75
Nov 2002 89 $10,808,775 $121,778 $121,447 100% 1,829 $66 3 2 83
Dec 2002 87 $10,674,152 $124,870 $122,691 98% 1,921 $64 3 2 96
Jan 2003 19 $2,501,851 $134,227 $131,676 98% 1,944 $68 3 2 53
Total: 6,047 $706,299,274 $116,430 $115,171 99% $1,876 $61 3 2 83
* Columns marked with an Asterix contain Average values.  Months with no sales are not displayed in this report.
DOM = "Ave. Days on Market". The "Days on Market" column is calculated by counting the days between the Listing Date and the Contract Date (the date the home goes under contract).

 

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