July 23rd Salt Lake City and local area Market Report

By
Services for Real Estate Pros with Real Estate Professionals

Wednesday, July 25, 2012 - Utah Real Estate Professionals

Here’s a check on our weekly market statistics for Salt Lake, Utah, Weber, and Davis counties. Are you hoping to have your house sold by fall? Now is the time to list – the market is still going strong! 

Current market statistics:

 

Salt Lake

Utah

Davis

Weber

Total Active

4,442

2,757

1,556

1,697

New Active – 30 days

1,115

544

379

402

Short Sale Active

1,317

643

301

300

% of Actives which are Short Sales

29.6%

23.3%

19.3%

17.7%

Expired – 30 days

450

228

165

168

Under Contract

2,211

1,262

617

513

Short Sale Under Contract

313

231

69

38

Sold – 30 days

1,055

411

274

245

Short Sale Sold – 30 days

146

54

30

29

% of Sales which are Short Sales

13.8%

13.1%

10.9%

11.8%

Average days on market

66

77

84

94

Sales price per square foot

$84.77

$74.12

$79.77

$68.83

  The following are last week’s market statistics:

 

Salt Lake

Utah

Davis

Weber

Total Active

4,500

2,747

1,561

1,641

New Active – 30 days

1,160

537

402

370

Short Sale Active

1,323

632

309

294

% of Actives which are Short Sales

29.4%

23.0%

19.8%

17.9%

Expired – 30 days

457

254

172

157

Under Contract

2,198

1,251

592

529

Short Sale Under Contract

310

220

62

43

Sold – 30 days

1,053

414

273

236

Short Sale Sold – 30 days

153

64

28

26

% of Sales which are Short Sales

14.5%

15.5%

10.3%

11.0%

Average days on market

66

77

84

94

Sales price per square foot

$84.77

$74.12

$79.77

$68.8

 

Posted by

The Real Estate Professionals

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