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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.

20,600

Jobs Created
2.9%

$71,389

Median Household Income
4.7%

8,878

Total Housing Permits
-1.7%

344

Total Number of Projects
-15.5%

$393,505

SFD New Home List Price
0.5%

2,064

New Home Sales
12.2%
Monthly

Market Health

Salt Lake City's population is 1.2M, with a total workforce of 716K. The labor market grew by 20,600 jobs over the past year, up by 2.9%. The median household income in Salt Lake City is $71,389, 4.7% higher than last year and 16.3% above the national average of $61,372. In the housing market, total permits issued totaled 8,878 over the last twelve months, down 1.7% year-over-year.

Salt Lake City has 344 active new home projects on the market, 15.5% fewer than the 407 from last year. The average list price in the market is $393,505, 0.5% higher than last year and 22.9% above the national average. Over the last three months, new home contracts increased by 12.2% to 2,064. South Jordan and Saratoga Springs had the highest concentration of the new home contracts in the Salt Lake City market.

Our Experts

Work with leaders in the industry.

Rick Baldonado

Vice President Sales, West

Rick Baldonado

Vice President Sales, West


Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Michelle Weedon

Senior Vice President

Michelle Weedon

Senior Vice President


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