The Salt Lake housing market remained depressed in the first quarter 2011. The Salt Lake County home prices dropped 9.66% over the last 12 months, with the new median sales price for all types of home being $187,000.
Salt Lake County Single Family Home Sales
First Quarter 2011
Median Home Price: $200,000
Average Home Price: $234,338
Average Days on Market: 91
Homes Sold: 1787
First Quarter 2010
Median Home Price: $218,500
Average Home Price: $260,761
Average Days on Market: 81
Homes Sold: 1800
Salt Lake County Condo Sales
First Quarter 2011
Median Home Price: $150,000
Average Home Price: $162,225
Average Days on Market: 112
Homes Sold: 355
First Quarter 2010
Median Home Price: $164,000
Average Home Price: $179,914
Average Days on Market: 95
Homes Sold: 378
Utah County Single Family Home Sales
First Quarter 2011
Median Home Price: $192,000
Average Home Price: $220,385
Average Days on Market: 109
Homes Sold: 908
First Quarter 2010
Median Home Price: $215,750
Average Home Price: $249,562
Average Days on Market: 102
Homes Sold: 844
Utah County Condo Sales
First Quarter 2011
Median Home Price: $134,000
Average Home Price: $141,635
Average Days on Market: 122
Homes Sold: 172
First Quarter 2010
Median Home Price: $145,900
Average Home Price: $152,458
Average Days on Market: 87
Homes Sold: 198
Davis County Single Family Home Sales
First Quarter 2011
Median Home Price: $195,000
Average Home Price: $213,393
Average Days on Market: 91
Homes Sold: 506
First Quarter 2010
Median Home Price: $210,000
Average Home Price: $236,286
Average Days on Market: 83
Homes Sold: 575
Davis County Condo Sales
First Quarter 2011
Median Home Price: $150,750
Average Home Price: $152,670
Average Days on Market: 119
Homes Sold: 59
First Quarter 2010
Median Home Price: $165,250
Average Home Price: $164,502
Average Days on Market: 85
Homes Sold: 83
You can see detailed Salt Lake County median home price information for all zip codes in Salt Lake County on my Best Salt Lake Homes website. You can also view information about Davis County Home Prices and Utah County Home Prices.
You can read this post about 2011 First Quarter Salt Lake Home Prices and other posts on my real estate blog.