Airdeed Homes, a real estate search website and data research company, has released its Utah real estate listing study conducted earlier this month, shedding light on the median listing prices of homes put on the market in the past 60 days in Utah’s major cities. With a specific focus on Salt Lake City and Provo, the study offers perspectives into the diversity of the real estate market.
The study reveals a dynamic range of median listing prices for homes across various cities in Utah. Here is an overview of the median listing prices for select cities:
1. Salt Lake City: $579,900
2. West Valley City: $400,000
3. West Jordan: $514,750
4. Provo: $469,900
5. St. George: $552,500
6. Orem: $499,500
7. Sandy: $692,000
8. Ogden: $359,900
9. Lehi: $704,994
10. South Jordan: $607,495
11. Layton: $475,000
12. Logan: $405,980
13. Murray: $479,750
14. Riverton: $675,000
The median price in Salt Lake City was $579,900, which study authors said epitomizes a balance between affordability and urban living. “The city’s vibrant culture, economic opportunities, and stunning landscapes contribute to its appeal among homebuyers. Airdeed Homes’ study underscores Salt Lake City’s pivotal role in Utah’s diverse real estate market.,” the study said.
Provo home showed a median listing price of $469,900, makes the city “stand out as a city offering a unique blend of culture and livability. Home to educational institutions and a thriving community, Provo showcases the charm of a vibrant city and the comfort of a welcoming community. Airdeed Homes’ study emphasizes Provo’s significance as a key player in Utah’s real estate landscape,” the study said.
The study also delves into various factors influencing real estate dynamics in each city, including job markets, community amenities and overall quality of life. The full study can be found on the company’s website at airdeed.com.