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Salt Lake City

Known for the stunning backdrop afforded by the towering Wasatch Mountains – and the endless opportunities for outdoor recreation they provide – Salt Lake offers visitors a uniquely vibrant and dynamic urban experience. As one of North America’s most accessible destinations, Utah’s capital city offers year-round excitement and activities for the entire family, alongside a contemporary edginess and vitality that’s helped the “new” Salt Lake become a renowned culinary destination

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136

Total Number of Projects

$455,618

SFD New Home List Price

$74,629

Median Household Income

10,855

Total Housing Permits

Market Health

Salt Lake City's population is 1.2M, with a total workforce of 754K. The labor market grew by 18,700 jobs over the past year, up by 2.5%. The median household income in Salt Lake City is $74,053, 0.4% higher than last year and 17.2% above the national average of $63,179.In the housing market, total permits issued totaled 11,631 over the last twelve months, up 45.5% year-over-year. Salt Lake City has 146 active new home projects on the market, 21.5% fewer than the 186 from last year. The average list price in the market is $417,681, 1.9% higher than last year and 30.0% above the national average. Over the last three months, new home contracts decreased by 17.9% to 980. Herriman and South Jordan had the highest concentration of the new home contracts in the Salt Lake City market.

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