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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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The Salt Lake City Utah Real Estate Market has been very active...
Here's a recap of what I posted at www.TheRealEstateReportCard.com. Although we are not seeing any appreciation home sales have been very good especially considering the market as a whole. Short sales continue to keep their thumb on values with over 1 in 4 active listings being a short sale.
The job market is really the key to recovery. We need jobs that will let people buy homes.
ALL LISTINGS Total # Actives 5932 Sold last 30 days 826 Sold 365 Days 10673 Listed last 30 days 1221 Total Pending Sales 1584 Pending last 30 days 940 Expired last 30 days 808 Expired 365 Days 10826 Months Supply of Homes 7.1
SHORT SALES Total # Actives 1541 Sold last 30 days 113 Sold 365 days 1494 Listed last 30 days 242 Total Pending Sales 276 Pending last 30 days 140 Expired last 30 days 160 Expired listings 365 Days 2558 Months Supply of Homes 13.6
Bank Owned Total # Actives 113 Sold last 30 days 146 Sold 365 Days 1907 Listed last 30 days 45 Total Pending Sales 94 Pending last 30 days 59 Expired last 30 days 15 Expired listings 365 Days 140 Months Supply of Homes 1
Average Days on Market 133 Average Price per Sq Foot $93 Homes are selling for 89 % of original list price
Salt Lake County Short Sales
25.9 % of our active listings are Short Sales... 19.8 % of the homes listed in the last 30 days are Short Sales... 17.4 % of the homes pending are Short sales... 14.8 % of pending homes in the last 30 days are Short Sales... 13.6 % of the total homes sold in the last 30 days were short sales...
Salt Lake County REO's
1.9 % of our active listings are Bank Owned... 3.6 % of the homes listed in the last 30 days are Bank Owned... 5.9 % of the homes pending are Bank Owned... 6.2 % of pending homes in the last 30 days are Bank Owned... 1.7 % of the total homes sold in the last 30 days were Bank Owned...
Dan Walker Principal Broker CRS, e-PRO, ABR, GRI, CNHS 801-288-2260
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.