| Salem | ||||
| Residential Unit Sales | ||||
| All data is from the Wasatch Front Regional Multiple Listing Service. | ||||
| It does not include transactions in which a REALTOR was not involved. | ||||
| 2003 | ||||
| Units Sold | Median Price | Average Price | ||
| 1st Quarter | 12 | $159,000 | $161,021 | |
| 2nd Quarter | 12 | $197,000 | $193,460 | |
| 3rd Quarter | 13 | $158,645 | $164,661 | |
| 4th Quarter | 16 | $145,000 | $174,041 | |
| Total Year | 53 | $159,500 | $173,189 | |
| 2004 | ||||
| Units Sold | Median Price | Average Price | ||
| 1st Quarter | 7 | $147,450 | $143,357 | |
| 2nd Quarter | 19 | $197,200 | $207,339 | |
| 3rd Quarter | 21 | $218,500 | $219,669 | |
| 4th Quarter | 18 | $221,900 | $231,020 | |
| Total Year | 65 | $209,450 | $210,990 | |
| Change | 23% | 31% | 22% | |
| 2005 | ||||
| Units Sold | Median Price | Average Price | ||
| 1st Quarter | 21 | $215,250 | $237,845 | |
| 2nd Quarter | 18 | $213,000 | $206,381 | |
| 3rd Quarter | 19 | $208,750 | $206,576 | |
| 4th Quarter | 14 | $207,000 | $207,425 | |
| Total Year | 72 | $207,475 | $215,887 | |
| Change | 11% | -1% | 2% | |
| 2006 | ||||
| Units Sold | Median Price | Average Price | ||
| 1st Quarter | 15 | $231,134 | $242,617 | |
| 2nd Quarter | 24 | $228,805 | $234,513 | |
| 3rd Quarter | 16 | $234,900 | $244,600 | |
| 4th Quarter | 13 | $192,450 | $248,546 | |
| Total Year | 68 | $228,805 | $241,357 | |
| Change | -6% | 10% | 12% | |
| 2007 | ||||
| Units Sold | Median Price | Average Price | ||
| 1st Quarter | 15 | $282,500 | $271,717 | |
| 2nd Quarter | 11 | $290,000 | $278,716 | |
| 3rd Quarter | 13 | $332,450 | $309,512 | |
| 4th Quarter | 9 | $218,750 | $243,100 | |
| Total Year | 48 | $286,250 | $275,761 | |
| Change | -29% | 25% | 14% | |
| 2008 | ||||
| Units Sold | Median Price | Average Price | ||
| 1st Quarter | 12 | $247,000 | $263,501 | |
| 2nd Quarter | 11 | $291,250 | $2,647,000 | |
| 3rd Quarter | 0 | $0 | $0 | |
| 4th Quarter | 0 | $0 | $0 | |
| Total Year | 23 | $123,500 | $0 | |
| Change | -52% | -57% | -100% | |