Nestled between downtown Salt Lake City to the west and the University of Utah campus to the east, sits the Salt Lake City neighborhood known as The Avenues. The Avenues (or often “The Aves” for those who live in the area) is well known for its assortment of historical homes and the variety of styles and architectural designs. Often considered one of the most desirable and charming neighborhoods in Salt Lake City, this community features homes built as early as the late 1800s, through the 20th century and even some new construction. Along the tree-lined streets, there is a broad spectrum of styles ranging from Victorian to Craftsman to mid-century modern and contemporary as well! Beyond the look and structure of the homes in this area, this neighborhood boasts incredible access to urban shopping, food and entertainment, located both within the boundaries and just outside of the area. For those who are interested in recreation and outdoor activities, the area has many outdoor parks and extraordinary access to biking and hiking trails of the Wasatch Mountains. This is a tight-knit community, with urban sophistication, but in a lovely peaceful mountain setting while still being close to all the amenities of downtown and the university.
Here are some of the key advantages of living in this vibrant neighborhood:
Central Location and Easy Commuting: As the closest suburb to downtown Salt Lake City, the Avenues provides easy access to the city's core attractions, employment centers, and major transportation routes.
Urban Convenience: The Avenues is a smaller, convenient neighborhood, with many shops, restaurants, cafes, and other amenities located within close proximity of most homes.
Close to Parks, Green Space and Recreation: The Avenues is surrounded by a variety of parks and recreation areas, including Memory Grove Park, City Creek Canyon, Ensign Peak, Liberty Park, and Emigration Canyon Park.
Access to Cultural and Educational Institutions: Several cultural and educational institutions, including the Eccles Theater, the Utah Museum of Fine Arts, the Clark Planetarium and the Salt Lake City Public Library are nearby. The neighborhood is also next door to the University of Utah, offering access to its libraries, museums, and cultural events.
Diverse Community and Vibrant Atmosphere: The Avenues is a diverse community with a strong sense of neighborhood pride. Residents come from various backgrounds, creating a rich tapestry of cultures and perspectives.
On the doorstep to Nature and Outdoor Activities: Sitting at the base of the Wasatch Mountains, the Avenues provides easy access to hiking trails, biking paths, and stunning mountain views.
Historic Charm and Architectural Beauty: The neighborhood is filled with historic homes known for their beautiful architecture and character. Many homes date back to the late 19th and early 20th centuries and have been meticulously renovated to retain their historic charm with modern conveniences.
Thriving Culinary Scene and Independent Shops: The Avenues offers a diverse culinary scene, with restaurants ranging from casual eateries to upscale dining establishments. The neighborhood is also home to a variety of independent shops, boutiques, and art galleries.
Variety of Housing Options: Known for its eclectic variety, the Avenues offers a variety of housing options, from historic Victorian homes to modern apartments and condominiums.
This community with its rich history, stunning architecture, vibrant location, and abundance of amenities, stands as a compelling choice for those seeking a well-rounded urban living experience. Whether you're seeking a urban cultural scene, a nature-rich environment, or are drawn to historic charm and a sense of community, The Avenues offers a unique blend of city life and neighborhood charm that has captivated residents for generations.
We have called the Avenues home for over a quarter of century – we know and LOVE this area so if you are thinking of buying or selling a home here – we can help! Considering the area’s popularity and high demand, buying or selling can be intimidating. Our experience can guide you to stress-free success!
To get professional and personal advice on buying or selling in the Salt Lake City Avenues neighborhood, contact Jennifer, Erin or Phil with The Beck Team, one of Salt Lake City's best Realtor teams.
The overview below shows real estate activity from January 2025 to February 2025. You will see data comparisons between February and the previous month, the last three months and February 2024.
The median sales price in February 2025 was $752,000, up 36.73% from $550,000 from the previous month and 27.46% higher than $590,000 from February 2024. The February 2025 median sales price was at its highest level compared to February 2024 and 2023. The average sales price in February 2025 was $822,879, up 17.43% from $700,733 from the previous month and 25.07% higher than $657,942 from February 2024. The February 2025 average sale price was at its highest level compared to February 2024 and 2023.
The sales price/list price ratio is the average sale price divided by the average list price for sold properties expressed as a percentage. If it is above 100%, homes are selling for more than the list price. If it is less than 100%, homes are selling for less than the list price.The February 2025 sales price/list price ratio was 98.15%, down from 99.73% from the previous month and equal to February 2024.
The number of properties sold in February 2025 was 23, up 35.29% from 17 from the previous month and 21.05% higher than 19 from February 2024. The February 2025 sales were at its highest level compared to February 2024 and 2023. Absorption rate is the avg number of sales per month divided by the total number of available properties.
The average days on market (DOM) is the number of days a property is on the market before it sells. An upward trend in DOM tends to indicate a move towards a buyer's market, a downward trend tends to indicate a move towards seller's market. The DOM for February 2025 was 70 days, up 52.17% from 46 days from the previous month and 40.0% higher than 50 days from February 2024. The February 2025 DOM was at a mid level compared with February 2024 and 2023.
The average sales price per square foot is a more normalized indicator for the direction of property value. The sales price per square foot in February 2025 was $375, down -7.86% from $407 from the previous month and 6.84% higher than $351 from February 2024.
The number of properties for sale in February 2025 was 111, up 11.00% from 100 from the previous month and 65.67% higher than 67 from February 2024. The February 2025 inventory was at its highest level compared with February 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 2025 MSI of 4.83 months was at its highest level compared with February 2024 and 2023.
The number of new listings in February 2025 was 38, up 52.00% from 25 from the previous month and 22.58% higher than 31 from February 2024. The February 2025 listings were at its highest level compared to February 2024 and 2023.
*The data above is for the zip code 84103, which include the avenues neighborhood and some surrounding areas. The data in the chart below is just for the avenues neighborhood.
Single-family homes are freestanding homes built with the intention of housing one family without attachment to another unit. This type of residence provides a distinct sense of privacy and autonomy, distinguishing it from multi-family dwellings like apartments, condominiums or townhomes. In the Avenues, single-family homes make up much of the area with the majority of them ranging in size from 1,500 to 6,000 square feet, on lots from .07 to .5 acres, with anywhere from 2 to 6 bedrooms.
Luxury homes are any high-end condo, townhome, or single-family home. They are characterized by expansive living spaces and high-end amenities, often situated on sizable, meticulously landscaped lots or in exclusive, sought-after locations. These homes prioritize exclusivity, privacy, and personalized experiences, reflecting a refined aesthetic and catering to a discerning lifestyle. Generally, these homes must be above a certain price threshold to be classified as luxury when listed on the market. In the Avenues, Luxury homes typically are on the larger end of the size range with over 3,000 and up to 8,000 square feet and more than 4 bedrooms.
Condos and Townhomes are individual housing units built as communities either in one building structure enclosing multiple units or as horizontally connected homes, all with the intention of housing one family within each unit. Typically, owners hold title to their specific unit and a shared interest in the common elements, managed by a homeowner's association (HOA). In the Avenues, most condos and townhomes range in size from 500 to 4,000 square feet. Some of these can be small studios or larger units can have up to 4 bedrooms.
New Construction homes are newly built and purchased directly from the builder or developer. Because the Avenues is a well established area, new construction is not as common, but they do still exist. Some land that was originally utilized as commercial has been repurposed for the development of single-family homes. Other land has been subdivided to create additional lots for new homes. These range from 1000 square feet condos to 5,000 square feet single-family homes with anywhere from 1 to 6 bedrooms and some with accessory dwelling units (separate attached apartments).
Multi-family or multi-unit homes are freestanding homes containing more than one unit built with the intention of housing multiple families within a single building or complex. This category encompasses a range of structures, from duplexes and townhomes to apartment buildings and condominiums. The Avenues has a variety of multi-family dwellings with most of them containing 2-4 units ranging in size from 600 to 2,000 square feet per unit with studios, 1-, and 2-bedroom options.
The Beck Team are Avenues Real Estate Experts. We bring extensive expertise and deep knowledge about the Salt Lake City Avenues community. If you want the best Realtor representation as a buyer or seller, Please contact us! We would be happy to show you any homes, condos, or townhomes on your list, or provide more information about properties that could be a fit for you!
The median household income in The Avenues significantly surpasses the citywide average, reflecting the neighborhood's affluent status. The Avenues are an attractive place to call home with an abundance of high-quality educational institutions nearby and the neighborhood's overall friendly atmosphere.
*Demographic data is sourced from NARRPR and the US Census. Much of the data is for the entire 84103 zip code. Information is deemed reliable, but not guaranteed.
The Avenues are located in the Salt Lake City School District. The district serves over 23,000 students in 63 schools. The district's mission is to provide all students with the knowledge and skills they need to succeed in college, career, and life. The district has been recognized for its commitment to equity and inclusion. The district has also been recognized for its innovative programs and initiatives.
Rankings and Reviews: The Salt Lake City School District has been ranked in the top 10% of school districts in the United States by U.S. News & World Report. Wasatch Elementary School, Ensign Elementary School, Salt Lake Center for Science Education - Bryant, and West High School have all been rated as "Excellent" schools by GreatSchools.org
To receive an updated list of all Salt Lake City Avenues real estate located within the boundaries to any specific public school, please send an email to The Beck Team at thebecks@utahspot.com with the school, property preferences and your budget, or call / text 801-455-6020.
Note: For more detailed information on specific schools zoned to different Salt Lake areas, please email us! We are happy to help.
Note: School zoning tends to change from year to year. The information provided above is accurate but not guaranteed. Please double-check by visiting the school district's and individual school's websites.
Jenn Beck, Erin Beck, and Phil Beck are the Realtors that make up The Beck Team - Coldwell Banker Real Estate.
If you are looking for the most experienced, professional representation for The Avenues, The Beck Team are the best real estate agents for you. Please email us, or call / text us at 801-455-6020 if you would like to see any homes, or to learn more about properties that could be a fit for you!