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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.

19,400

Jobs Created
2.6%

$73,980

Median Household Income
.3%

10,640

Total Housing Permits
21.1%

144

Total Number of Projects
-23.8%

$403,340

SFD New Home List Price
-3.8%

0

New Home Sales
33.9%
Monthly

Market Health

Salt Lake City s population is 1.2M, with a total workforce of 749K. The labor market grew by 19,400 jobs over the past year, up by 2.6%. The median household income in Salt Lake City is $73,980, 0.3% higher than last year and 17.1% above the national average of $63,179.
In the housing market, total permits issued totaled 10,640 over the last twelve months, up 21.1% year-over-year. Salt Lake City has 144 active new home projects on the market, 23.8% fewer than the 189 from last year. The average list price in the market is $403,340, 3.8% lower than last year and 15.8% above the national average. Over the last three months, new home contracts increased by 33.9% to 955. South Jordan and Herriman 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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