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June 27th Salt Lake City and local area Market Report

By
Services for Real Estate Pros with Real Estate Professionals

It's time to list your home if you want it sold and closed by the end of summer.  

We need more inventory! Have you been thinking about selling? Today's 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

4,532

2,785

1,591

1,686

New Active – 30 days

1,189

564

443

402

Short Sale Active

1,342

644

311

303

% of Actives which are Short Sales

29.6%

23.1%

19.5%

18.0%

Expired – 30 days

441

318

218

160

Under Contract

2,281

1,217

595

510

Short Sale Under Contract

325

214

55

43

Sold – 30 days

1,025

433

280

231

Short Sale Sold – 30 days

143

82

32

26

% of Sales which are Short Sales

14.0%

18.9%

11.4%

11.3%

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

4,522

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

29.5%

22.6%

19.5%

17.7%

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

13.6%

19.0%

14.1%

10.9%

Average days on market

69

79

87

97

Sales price per square foot

$84.44

$73.91

$79.57

$68.84

Posted by

The Real Estate Professionals

John Pusa
Glendale, CA

Thank you for sharing detailed quality information on June 27th Salt Lake City and local area market report.

Jun 27, 2012 09:49 AM