The Information on Salt Lake Foreclosures & Short Sales sold In West Jordan the last 30 days is a lot different than what we reported on in Herriman, and South Jordan.
Those differences will make your story different as you put together justification for the lender on your Bank Owned Offer.
Here's more Information about W.Jordan Foreclosures and Short Sales going back 30 days to help you or your Realtor build that story.
The average age of 17 years makes them quite a bit older than the New Homes being foreclosed in some of the more southern parts of Salt Lake.
Prices are less as well.
The average listed price of a Bank Owned Home or Pre-Foreclosed house sold last month in West Jordan is $226,000 dollars. The actual price the home sold for was $215,000 dollars, a difference of a little over 4.5%.
There are currently 735 Homes for sale in West Jordan. (according to the Wasatch Front MLS). This does not include FSBOs (homes for sale by owners) or New Construction (New Homes For Sale By Builders).
One hundred thirty three of those homes or condos were listed as distressed properties: IE Bank Owned, HUD Homes, Short Sales, REOs, Foreclosed Home, or a house that needs 3rd party approval to transfer title.
Only 43 of the 735 West Jordan Homes for sale were sold during the last 30 days. (less than 6%).
Ten of the homes sold were distressed.
5258 Begonia Place, Oquirrh Shadows, West Jordan:
This home was listed for $149,900 and sold @ $148,600 after foreclosure by the bank.
It was on the market 97 days.
Last sold in 07 for $198,000.
3083 W 8565 S, Meadow Green Farms, West Jordan:
Listed as a short sale at $164,900 and sold @ $161,000 dollars.
Was listed 49 days.
Sold in 1997 for $195,000.
3406 Briar Dr, Ash Briar, West Jordan:
HUD Home listed for $171,000 and sold for $152,400.
On the market 116 days.
Last listed 08/08 for $213,500.
3789 Atmore Rd, Dixie Valley, West Jordan:
This short sale was listed @$174,000.
Sold at $169,500 after 130 days on market.
Listed 9/08/08 for $219,000 dollars.
6988 S Lotus Way, Oquirrh Shadows, West Jordan:
Bank Owned Foreclosure listed for $$194,800 dollars.
Sold for $188,000 in 20 days
7684 S 3190 W, Elk Ridge Estates, West Jordan:
Bank owned REO, listed at $209,900.
Sold at $205,000 dollars.
17 days on the market.
5134W Old Creek Rd, Pebblewood, West Jordan:
This home is a West Jordan Short Sale.
Listed @ $255,000 dollars.
Sold @ $220,000 dollars, after 368 days on the market.
Home sold in 9/06 for $294,000, Listed in 4/08 for $316,000.
3237W Freedom Ln, West Jordan, UT.
West Jordan Bank Owned Home listed at $295,900.
Sold in 7 days for $296,000.
Last sold in 8/31/07 for $420,000 dollars.
3118 Cisco Ridge Rd, Ivory Highlands, West Jordan:
Short sale in West Jordan listed @ $419,000.
Sold for $400,000.
On the market for 249 days.
Listed 5/08 for $538,000.
3008 W Chimney Rock Circle, Ivory Highlands, West Jordan UT:
W. Jordan Bank Owned Home listed for $399,000 dollars.
Sold @ $402,500 after 122 days.
Last sold January 07, $555,000.
We hope this gives you some insight into the Foreclosure, Pre-Foreclosure home market in West Jordan, and helps you and your agent package your offer so that Lenders find it compelling.
If you don't have an agent, we are applying for that important job.
To see if you think we can do the job, stop by our Website Salt Lake Real Estate, and check us out.
If you would like to review distressed properties in other locations in the Salt Lake Valley click on Salt Lake Foreclosures, to see Bank owned listings, or go to SL Short Sale to look at Pre- Foreclosures.
To access over 8000 listings in the Salt Lake area use Salt Lake Homes, you'll get Home Photos, Maps, prices, directions, and Real Estate information delivered right to your in-box. Its FREE.!!!
Or you can just call us @ 801-567-0946, we have a lot more Information on Salt Lake Foreclosures and Short Sales In West Jordan!!!
Comments(2)