Home > Blogs > The Real Estate Professionals > The Real Estate Professionals

June 19h Salt Lake City and local area Market Report

Services for Real Estate Pros with Real Estate Professionals

June 20, 2012 12:05 AM

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