BUSINESS

Wasatch Front’s most expensive areas include Huntsville, Alpine, Draper

Apr 29, 2022, 8:09 PM | Updated: 8:21 pm
A “for sale” sign is displayed outside of a house in Layton on Thursday, Oct. 14, 2021. The Sal...
A “for sale” sign is displayed outside of a house in Layton on Thursday, Oct. 14, 2021. The Salt Lake Board or Realtors report the Wasatch Front's most expensive areas are near outdoor recreation sites. Shafkat Anowar, Deseret News

SALT LAKE CITY — The Wasatch Front’s most expensive areas in the first quarter of 2022 were found near exclusive outdoor recreation sites, according to a Salt Lake Board of Realtors press release.

Wasatch Front’s most expensive areas

Huntsville (Weber County) tops the list, according to the press release, at a median price of $1.3 millions. Huntsville is near Pineview Reservoir, and a short drive from Snowbasin Resort. 

Second on the list is Alpine (Utah County) at $1.1 million. Draper (Salt Lake County) was third on the list at $932,500.

The top five most expensive areas are rounded out by The Avenues ($930,000) and Eden ($917,180).

According to the Salt Lake Board of Realtors, the cost of homes continued to soar by double-digit percentages during the first three months of the year. In Salt Lake County, the median single-family residence selling price increased to $585,000, which is up 27% from the first quarter of 2021. 

Utah County also saw home prices increase. Homes sold at $579,700, which is up 28% from the first three months of 2021. Davis County homes sold at a median price of $542,500, and that is up nearly 29% from a year ago. 

Multifamily housing

In regard to multifamily housing, prices increased to $432,250 in Salt Lake County. That’s an increase of 30.3% from the first three months of 2021. Utah County multifamily homes saw an increase of 37.4 %, with the median price coming in at $405,000. 

According to the press release, Davis, Tooele and Weber counties also saw an increase in the price of multifamily homes. 

Read more:

Today’s Top Stories

Business

wholesale inflation utah interest rates...
Aimee Cobabe

Wholesale inflation impacting businesses all across Utah

In one example of wholesale inflation hikes in Utah, the owners of South Salt Lake's Left Fork Grill say they have to keep updating their menus because of rising prices.
4 days ago
EPA grants three Utah organizations funding for environmental cleanup...
Waverly Golden

Three Utah groups receive nearly $6 million for environmental cleanup

The EPA has announced three Utah organizations that will receive nearly $6 million in funding to advance environmental cleanup.
4 days ago
FTC building. The FTC filed a complaint against Lions Not Sheep....
Aimee Cobabe and Samantha Herrera

Utah-based company under fire by FTC for “made in the USA” claims

The Utah-based company "Lions Not Sheep" signed a settlement over a Federal Trade Commission complaint against the company's labelling.
4 days ago
A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. U.S consumers have s...
CHRISTOPHER RUGABER AP Economics Writer

US inflation hit 8.3% last month but slows from 40-year high

Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday. That was below the 8.5% year-over-year surge in March, which was the highest rate since 1981.
5 days ago
Photo Marc Giauque, KSL Newsradio...
Marc Giauque

Lifeguard shortage could limit pool hours, delay openings

A lifeguard shortage could mean shorter hours this summer at Salt Lake County indoor and outdoor pools.
6 days ago
FILE - Amazon Labor Union (ALU) member Tristan Lion Dutchin, 27, gestures as he waits the voting re...
HALELUYA HADERO AP Business Writer

Amazon fires 2 union organizers tied to first U.S. labor win

In a letter sent on May 4, Amazon told the union organizer he was fired for "voluntary resignation due to job abandonment."
6 days ago

Sponsored Articles

Curb Appeal...
Price's Guaranteed Doors

How to have the best of both worlds for your house | Home security and curb appeal

Protect your home and improve its curb appeal with the latest security solutions like beautiful garage doors and increased security systems.
Prescription opioids can be disposed of during National Prescription Take Back Day...
Know Your Script

Prescription opioid misuse | How to protect your family from the opioid epidemic

Studies have shown that prescription opioid misuse has increased since COVID-19. So what do you need to know about these opioids?
...

Tax Tuesday: The Most Common Mistakes People Make When Filing Their Taxes

Fortunately, for most average earners, they will not end up owing overpayments received for the Child Tax Credit in 2021.
...

Tax Tuesday: How will last year’s child tax credits affect you?

Fortunately, for most average earners, they will not end up owing overpayments received for the Child Tax Credit in 2021.
...

Tax Tuesday: Key Information Before the Filing Deadline

Businesses can receive a credit of up to $5,000 per employee in 2020 and up to $21,000 per employee in 2021.
national heart month...
Intermountain Healthcare

National Heart Month: 5 Lifestyle Changes to Make Today to Keep You Heart Healthy

Heart disease is the leading cause of death for both men and women. One person dies every 36 seconds in the United States from cardiovascular disease
Wasatch Front’s most expensive areas include Huntsville, Alpine, Draper