There are 829 Sandy Ut,homes for sale. One hundred fifteen are condominiums according to the June 1, 2008 SLC homes for Real Estate report,
This report is a "thumbnail sketch" as my friend Jay Thompson, The Phoenix Real Estate Guy would say, of what happened over the last 30 days with homes for sale in Sandy City Utah, from statistics provided by the Wasatch Front MLS.
Sandy City Utah, homes for sale is not all It covers. The report deals with the activity of homes/condominiums available for sale during the last 30 day period. If you are a real faithful reader of this blog, you might even pick up on a trend or two in your local market. Thats why we report monthly, sometimes even weekly .
Our goal at Group1 is to be your most dependable, accurate and timely resource for Real Estate Information in the Sandy, and around the Salt Lake Valley.
We'll show how many homes have been added to the areas inventory, how many houses in Sandy actually sold and closed during that 30 day period, how many new Sandy homes contracts have been written, and high, low, and median prices of those homes or condominiums.
You can also see what is happening in the Short Sale market, which some real investors use as a bell weather, indicating the health of Real Estate in An area.
Since we are using statistics from the Wasatch Front MLS, this report may not include all of the Homes For Sale By Owner (FSBOs) as most of these homes are not listed on the MLS. Those houses that are listed, will be included.
A very large number of FSBOs are eventually sold by local Realtors.
The same is true of New Homes (new construction). Most builders employ agents to staff model homes and represent the builders interest in the home or condo purchase. These homes are rarely listed across the MLS. (see buying a new home). Examples of this are the New Homes in Daybreak in South Jordan, and most of the New Construction @ Rosecrest in Herriman.
Total number of Sandy City Homes Listings:
Excluding most FSBOs and new construction, there are 829 homes for sale in Sandy on 6/01/08.
One hundred fifteen are condominiums. At a 14% condo to housing ratio,Sandy is a pretty good place to look for a pre-owned or new condo or town home.
Sandy City Homes Activity Last 30 Days:
During the last 30 days, Salt Lake Realtors listed 229 homes for sale, and 22 condos to buy.
During that same time 71 homes and condos were sold and closed in Sandy City Ut.
In May SLC Realtors wrote 86 contracts for either a home or condo.
Contracts for homes written in the last 30 days range from $ 128,000 to $ 894,000 dollars so one can see the wide range of neighborhood characteristics in Sandy City.
The median priced house put under contract last month was a 1308 finished sqft two story for $280,000 dollars.
Bank Owned, REOs, Foreclosures, Short Sales, And Homes needing Third Party Approval:
In Sandy there are 58 distressed properties in IE: Bank Owned, Foreclosures, short sales and homes that need approval from a lien holder to make a sale.
Only 2 of these are Condominiums.
Fifteen homes or condos have been added to the MLS, Homes for sale over the last 30 days.
Foreclosed or short Homes or Condos put under contract in Sandy were 2.
During May,2 Houses or Condominiums listed as "distressed"were sold and closed.
Over the last 30 days, 8 single family homes were withdrawn from the list of Sandy homes for sale.
Comments on homes for sale in Sandy Utah:
Sandy City has nearly a years inventory of homes and condominiums to sell.nearly Not much of this inventory is of the New Home variety, as large parcels of land are difficult for builders to acquire in Sandy.. New Home Builders look for small infill properties than will support the construction of 3 or 4 new homes.
In the mean time pre owned home sales are sluggish. Sandy offers a great selection of pre owned homes, and our advice for someone looking to relocate either to or within Sandy City, would be to select an area that matches your objectives, select a Realtor, give the instructions, be prepared to move quickly, and then be patient.There is a great selection of homes for sale in Sandy Utah.
You will be interested to look at the upcoming reports from various cities around the Salt Lake Valley. The difference in the reports, one city to the next in the SLC prove the adage that all Real Estate is local. Be sure to watch for reports next week for homes for sale in Murray, South Jordan, and Riverton Utah.
You can access all 8100 homes for sale in SLC by visiting our website @ Salt Lake Homes. You'll get pictures, prices, locations with maps and important information about the homes or condos for sale.
Looking for more Real Estate information, articles or tips on buying a home? Stop by Salt Lake Real Estate and explore what we think is the best resource in the Salt Lake Valley. Whether you are an Investor looking for rental property or appreciation, a home buyer looking for a family home, or checking out Salt Lake City for possible relocation, we want you to think of us as your Realtor.
Thanks for being here, and thanks for your interest in the SLC Real Estate report on 829 Sandy Ut, homes for sale!!!
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