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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.

18,700

Jobs Created
2.5%

$74,053

Median Household Income
.4%

11,631

Total Housing Permits
45.5%

146

Total Number of Projects
-21.5%

$417,681

SFD New Home List Price
1.9%

0

New Home Sales
-17.9%
Monthly

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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Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal


Michelle Weedon

Senior Vice President

Michelle Weedon

Senior Vice President


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