West Jordan Homes For Sale-Salt Lake Report 07/01/09

By
Real Estate Agent with Group1 Real Estate, selling houses in Salt Lake City Utah

 

The  West Jordan homes for sale - Salt Lake Report, 07/01/09 - shows 7551 homes or condos listed in Salt Lake County. Fifteen hundred seventy six (20.8%) of these homes are condominiums.

Of those listings, 757 or about 10% are homes and Condominiums listed for sale in West Jordan UT.

The information contained in this Salt Lake Real Estate market analysis is provided by the Wasatch Front MLS, from home listings supplied by Realtors from around the Salt Lake Valley.

While the numbers are from the MLS, any commentary is the opinion of Group1 Real Estate Agents. It is just that, an opinion, not legal or accounting advise, or recommendations outside the agents area of expertise.

This report will not include most of the homes for sale by owner, (FSBOs) as these houses are rarely listed across the MLS. However it should be noted that a very high percentage of these homes/condos are sold by Utah Realtors.

Likewise New Homes, (new construction).

Most builders employ agents to sell their own homes/condos from Model Home complexes. Most of the time these new homes are not listed, and the sales agent is an employee, (paid by) the new home builder. Good examples  of this would be the Daybreak community in South Jordan and Rosecrest in Herriman UT. Both of these communities have an extensive model home presence.  

Keep in mind that unless you take your own agent to view the Models, you have no representation. You should.

It's FREE!!!   Read how to shop for a new home.

Whether you are a Real Estate Investor, home buyer, or part of a family that is considering re-locating to Salt Lake County, or any other town in the Salt Lake Valley, we hope you will find this report helpful. and the Real Estate information timely.

Homes for sale in West Jordan Utah:
There are 756 homes for sale in West Jordan Utah, as of 07/01/09
Over 15%, or 116 of these are Condominiums.
Single family detached homes for sale in West Jordan number 640.
This year so far 906 single family homes have been sold in W. Jordan UT.

West Jordan Homes activity last thirty days:
In the last thirty days,205 new home listings have been added.
Twenty four of these were condos, which is accounts for almost 12% of the market.
One hundred two new homes were sold and closed in that same time frame.
one hundred eight new contracts were written by Salt Lake Realtors. 15 of these were W. Jordan Condominiums.

Bank Owned, foreclosures, HUD homes, And homes that need 3rd party approval:
The total number of distressed homes listed on the MLS in West Jordan is 146. That's a little over over 19% of the total homes listed in the city.
Two hundred five of these homes/condos have been added within the last 30 days.
906 of these homes have sold in the first half of the year.
One hundred fifty five of these houses sold w/in the last 30 days.
108 distressed properties were placed under contract last month.
Fifteen West Jordan Condos for sale went under contract in June.

About West Jordan homes for sale:
Next to Salt Lake City itself, there are more homes for sale in West Jordan than any other town in the SLC metro-plex. The homes listed are of a wide variety and price point, as W.Jordan offers New homes for sale as well as previously owned houses and condominiums.

With 15% of the houses in West Jordan being condos and  zoning laws that permit animals, the West Jordan housing market has something for everybody.  W.Jordan was 2nd behind downtown  in the number of distressed properties on the market.
  
The very aggressive New home construction on the western edge of W.J. has slowed  down. The Utah New Home sales incentive program just completed has helped thin out New construction inventory in many of the new developments.

Real Estate good news is two fold. One, there are some real opportunities for the real investors in West Jordan with more cropping up every day. Secondly, Builders of New Homes will bring to market homes with greater appeal to the most dynamic portion of the housing market; entry level buyers. IE: Condominiums, and P.U.Ds with starter homes for first time home buyers.

We hope this report, and companion reports featuring homes for sale in other towns in the Salt lake metroplex have been helpful. look for market statistics for Sandy City, West Valley City and Draper UT  on this same site.

To have a look at the  757 homes for sale in West Jordan, go to our web-site @ Salt Lake Homes. You can access pictures, prices, Maps, directions and pertinent information about homes available in W. Jordan and across the Salt Lake Valley.

To talk to a real live Realtor call 801-567-0946. For any additional Real Estate Information stop by Salt Lake Real Estate and enjoy hundreds of tips about the home buying process. Whether you are looking for a Real Estate Investment or a house to look at, you can find it there. And it's FREE.

Thanks for being here and thanks for reading the West Jordan Homes For Sale-Salt Lake Report 07/01/09

Published Wednesday, July 01, 2009 3:28 PM by Corie Seymour

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