Asking Prices and Inventory for Homes in Salt Lake City Utah

As of May 23 2011 there were about 12,032 single family and condo homes listed for sale in Salt Lake City Utah. The median asking price of these homes was approximately $219,900. Since this time last year, the inventory of homes for sale has decreased by 16.1% and the median price has decreased by 8.3%.

	May 23, 2011	Month/Month	Year/Year
Median Asking Price	$219,900	-0.0%	-8.3%
Home Listings/Inventory	12,032	-1.0%	-16.1%

Recent Asking Price and Inventory History for Salt Lake City

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
05/23/2011	12,032	$155,000	$219,900	$340,000
05/16/2011	12,036	$155,000	$219,900	$339,900
05/09/2011	12,147	$155,000	$220,000	$349,500
05/02/2011	12,034	$155,000	$220,000	$349,900
04/25/2011	12,158	$154,900	$220,000	$349,999

Salt Lake City Asking Price History

The median asking price for homes in Salt Lake City peaked in April 2007 at $400,140 and is now $180,190 (45.0%) lower. From a low of $216,960 in January 2011, the median asking price in Salt Lake City has increased by $2,990 (1.4%).

25th, Median (50th) and 75th Percentile Asking Prices for Salt Lake City Utah

Salt Lake City Housing Inventory History

Housing inventory in Salt Lake City, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 16,620 in August 2008. The lowest housing inventory level seen was 5,123 in April 2006.

Housing Inventory for Salt Lake City Utah

Salt Lake City Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
May 2011	12,062	$155,000	$219,950	$344,825
April 2011	12,181	$154,975	$219,973	$349,950
March 2011	12,306	$154,975	$219,900	$349,900
February 2011	12,354	$155,000	$219,225	$347,000
January 2011	12,063	$155,780	$216,960	$339,380
December 2010	12,624	$159,675	$219,900	$343,975
November 2010	13,062	$160,380	$223,480	$348,560
October 2010	13,686	$164,800	$224,975	$346,150
September 2010	14,412	$168,575	$229,948	$369,463
August 2010	14,578	$169,900	$234,138	$374,600
July 2010	14,964	$172,348	$235,200	$373,425
June 2010	14,727	$174,650	$238,700	$375,100
May 2010	14,197	$176,427	$240,320	$378,460
April 2010	14,472	$178,783	$240,000	$377,875
March 2010	13,527	$179,580	$247,360	$391,560
February 2010	13,519	$179,200	$246,000	$393,334
January 2010	13,066	$179,948	$249,700	$399,245
December 2009	13,228	$183,200	$251,250	$402,175
November 2009	13,619	$186,760	$258,780	$421,080
October 2009	14,082	$189,900	$266,950	$432,675
September 2009	14,637	$189,950	$269,813	$444,185
August 2009	15,030	$190,400	$274,440	$449,900
July 2009	15,152	$194,175	$274,975	$454,600
June 2009	15,119	$194,920	$275,000	$459,180
May 2009	15,154	$197,050	$277,225	$456,375
April 2009	15,380	$199,450	$284,450	$475,000
March 2009	15,378	$199,920	$290,920	$490,380
February 2009	15,151	$204,685	$298,750	$498,750
January 2009	15,130	$208,064	$303,600	$507,255
December 2008	15,373	$213,341	$311,524	$521,473
November 2008	15,596	$218,447	$319,193	$535,232
October 2008	16,133	$223,725	$327,117	$549,450
September 2008	16,381	$228,580	$330,730	$553,200
August 2008	16,620	$229,900	$337,497	$561,475
July 2008	16,390	$231,669	$339,900	$574,700
June 2008	15,783	$234,940	$343,137	$575,000
May 2008	15,155	$234,800	$345,975	$578,841
April 2008	14,584	$234,967	$349,675	$594,500
March 2008	13,992	$234,980	$349,918	$599,740
February 2008	13,592	$233,950	$349,333	$598,975
January 2008	13,406	$232,383	$349,600	$594,225
December 2007	14,036	$234,162	$347,486	$575,180
November 2007	14,456	$234,700	$344,900	$563,875
October 2007	14,406	$238,260	$347,680	$564,338
September 2007	13,877	$242,650	$349,925	$577,224
August 2007	12,721	$250,925	$360,200	$595,950
July 2007	11,532	$261,180	$371,760	$608,000
June 2007	10,520	$268,000	$385,450	$629,975
May 2007	9,602	$269,600	$389,900	$646,900
April 2007	8,713	$270,890	$400,140	$661,000
March 2007	7,901	$270,722	$399,675	$676,150
February 2007	7,700	$267,200	$399,447	$674,700
January 2007	7,822	$258,660	$390,601	$662,958
December 2006	8,092	$251,450	$378,725	$649,950
November 2006	8,226	$246,700	$368,225	$641,125
October 2006	8,185	$247,582	$374,600	$659,400
September 2006	7,537	$249,675	$382,825	$677,250
August 2006	6,933	$248,200	$391,000	$696,975
July 2006	6,171	$247,786	$392,480	$691,780
June 2006	5,556	$234,125	$384,700	$683,950
May 2006	5,218	$202,984	$362,720	$647,779
April 2006	5,123	$173,900	$330,538	$599,300