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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.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Michelle Weedon

Senior Vice President

Michelle Weedon

Senior Vice President

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