Real Estate Report-What Happened To Sandy Homes For Sale?

This July, 08  Real Estate report is about Sandy UT and what happened to Sandy Homes For Sale.It contains information for home buyers, home sellers, Investors, and those folks considering relocation options.

The report deals with the previous 30 day listing and sales activity reported by Realtors that list homes/condos for sale across the Wasatch Front Multiple Listing Service (MLS) . It includes current homes/condos  available for sale in Sandy City UT, and an overview of the many properties  listed in the last month.

 Of interest to home sellers, is how many single family residents were sold and closed, and how many new contracts for homes were written in Sandy.

For investors and families looking to purchase "up", we will look at distressed properties as we analyze HUD Homes, Bank Owned Homes, Foreclosures, and Short Sales occurring in June in Sandy City UT.

Finally we discuss homes that have been removed from the Sandy Real Estate market for various reasons over the last 30 days.

We cannot include in this Real Estate report, those homes for sale by owner (FSBOs) or most new construction homes. New Homes Builders generally employ their own agents to staff model homes, and make sure they are represented in any transaction. See our web page on You deserve your own Realtor.

Homes For Sale In Sandy UT:

There are over 845 homes and condominiums listed for sale as of 7/01/08.
Of those properties, 108 are condominiums.
Seven hundred thirty seven are single family homes.
So far this year, 1074 listings of homes/condos have been sold in Sandy UT.
Distressed properties, IE: HUD HOMES, Bank Owned, Foreclosures, Short Sales, and homes that require a third party approval of any Real Estate contract, number 61.

Real Estate Listing Activity- Last 30 Days:

Over the last 30 days Salt Lake Realtors have new listings of 224 homes and condominiums.
Ninety one single family homes were put under contract by SLC Realtors; 91 in Sandy UT.
In June of 08, 77 homes were sold in the Sandy area; Contrast that to 113 in West Jordan.
For whatever reason 149 houses were pulled from the market. While it is difficult to know the real reason a home owner would pull a listing, some of the reasons could include foreclosure, no activity, change of circumstance, refinance. South Jordan, and Sandy City led the way with 134, and 149 respectively.

HUD Homes, Bank Owned Homes, And Short Sales- Last 30 Days

In June, 16 distressed homes and condos were put on the market in Sandy UT.
South Jordan contributed the most with 20, followed by Herriman with 19.
Three distressed houses were sold and closed over the last 30 days.
West Jordan set the pace with 11 home sales.
Six HUD Homes, REOs, Short Sales or foreclosures were placed under contract in June. So. Jordan led the way with 12 listings.
The 12 properties that were pulled from the market in June, can be partially explained by the fact that selling the property is only one of many remedies being attempted to eliminate the problem. The problems can include remedies other than sale. If that happens, the home would be pulled but not count . EXAMPLE:  If short sales are unsuccessful the house generally goes to foreclosure.

For answers to  questions, about buying a home, listing a home, relocating to Utah, or Investing in Salt Lake Real Estate, feel free to use Salt Lake Real Estate as your trusted resource. It's FREE, and no registration is required.  NEED A QUICK ANSWER?   ... CALL US @ 801-567-0946

To access the over 23,000 homes for sale in Salt Lake, or the 845 in Sandy UT. stop by our web site @ Salt Lake Homes. You'll get home pictures, prices, maps, locations and information to assist in the analasis of a neighborhood or selection of a home in areas like South Jordan, Sandy City, West Jordan, Herriman, Taylorsville, Murray, and Riverton Utah.

Thanks for being here, and thanks for taking the time to read the Sandy Real Estate Report: What happened to homes for sale in the last 30 days.