June 19, 2012 -- written by Utah Real Estate Professionals
It's time to list your home if you want it sold and closed by the end of summer.
Can you believe there are not enough houses on the Salt Lake City Area Real Estate market? And as I blogged earlier, there are bidding wars!! Buyers want fresh inventory!! Now IS the time to put your home on the market.
Contact us today to find out how we can help you!! Or, if you're thinking about buying, you will really need our help to beat out your competition!
Current market statistics: | |||||
Salt Lake | Utah | Davis | Weber | ||
Total Active | 4,522 | 2,817 | 1,571 | 1,668 | |
New Active – 30 days | 1,216 | 587 | 441 | 393 | |
Short Sale Active | 1,333 | 637 | 306 | 296 | |
% of Actives which are Short Sales | 29.50% | 22.60% | 19.50% | 17.70% | |
Expired – 30 days | 437 | 314 | 218 | 174 | |
Under Contract | 2,265 | 1,218 | 603 | 491 | |
Short Sale Under Contract | 328 | 218 | 59 | 44 | |
Sold – 30 days | 1,000 | 441 | 277 | 248 | |
Short Sale Sold – 30 days | 136 | 84 | 39 | 27 | |
% of Sales which are Short Sales | 13.60% | 19.00% | 14.10% | 10.90% | |
Average days on market | 69 | 79 | 87 | 97 | |
Sales price per square foot | $84.44 | $73.91 | $79.57 | $68.84 | |
The following are last week’s market statistics: | |||||
Salt Lake | Utah | Davis | Weber | ||
Total Active | 4,523 | 2,800 | 1,551 | 1,668 | |
New Active – 30 days | 1,237 | 608 | 437 | 377 | |
Short Sale Active | 1,346 | 634 | 309 | 291 | |
% of Actives which are Short Sales | 29.80% | 22.60% | 19.90% | 17.40% | |
Expired – 30 days | 466 | 320 | 201 | 171 | |
Under Contract | 2,242 | 1,227 | 627 | 494 | |
Short Sale Under Contract | 320 | 230 | 58 | 47 | |
Sold – 30 days | 1,007 | 444 | 268 | 248 | |
Short Sale Sold – 30 days | 143 | 85 | 34 | 27 | |
% of Sales which are Short Sales | 14.20% | 19.10% | 12.70% | 10.90% | |
Average days on market | 69 | 79 | 87 | 97 | |
Sales price per square foot | $84.44 | $73.91 | $79.57 | $68.84 | |
Comments (1)Subscribe to CommentsComment