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Salt Lake City

We've got five mighty parks, the Sundance Film Festival, and a wide range of outdoor recreation in the Utah capital.

15,400

Jobs Created
2.1%

$73,778

Median Household Income
3.2%

9,299

Total Housing Permits
3.3%

163

Total Number of Projects
-13.8%

$417,759

SFD New Home List Price
-1.9%

0

New Home Sales
-7.1%
Monthly

Market Health

Salt Lake City s population is 1.2M, with a total workforce of 733K. The labor market grew by 15,400 jobs over the past year, up by 2.1%. The median household income in Salt Lake City is $73,778, 3.2% higher than last year and 20.2% above the national average of $61,372.
In the housing market, total permits issued totaled 9,299 over the last twelve months, up 3.3% year-over-year. Salt Lake City has 163 active new home projects on the market, 13.8% fewer than the 189 from last year. The average list price in the market is $417,759, 1.9% lower than last year and 33.6% above the national average. Over the last three months, new home contracts decreased by 7.1% to 989. Herriman and South Jordan had the highest concentration of the new home contracts in the Salt Lake City market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Michelle Weedon

Senior Vice President

Michelle Weedon

Senior Vice President


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