Condominium prices in the U.S. — and in the Salt Lake City metro area — have fallen, according to a new Redfin analysis, as buyers are paying more for single family houses.

In March 2024, there were 1,084 closed sales for single-family homes, while in March 2025, there were 1,062 closed sales. Townhomes and condos saw a large difference in closed sales year-to-year.