Tuesday, May 4, 2010

Cinco de Mayo Real Estate Report

Lets look back at our Salt Lake County Real Estate Market! And let's look forward too!

Here are the numbers for Salt Lake County* looking back from 5/4/2010. These numbers include all listings, short sales, REO*, bank owned, foreclosures, condo, and single family homes.

Total # Actives 7363 on the Wasatch Front MLS
Sold in the last 30 days 935, by all agents & brokerages
Sold in the last 365 Days 11582, by all agents & brokerages
Listed last 30 days 1841, by all agents & brokerages
Total Pending Sales 2324, by all agents & brokerages
Pending last 30 days 1506, by all agents & brokerages
Expired last 30 days 972, by all agents & brokerages
Expired listings 365 Days 12357, by all agents & brokerages
Months Supply of Homes 7.8


SHORT SALES
Total # Actives 1611, by all agents & brokerages
Sold last 30 days 117, by all agents & brokerages
Sold 365 days 1303, by all agents & brokerages
Listed last 30 days 267, by all agents & brokerages
Total Pending Sales 298, by all agents & brokerages
Pending last 30 days 174, by all agents & brokerages
Expired last 30 days 196, by all agents & brokerages
Expired listings 365 Days 2110, by all agents & brokerages
Months Supply of Homes 13.7


Our average days on market for the month of April was 122
21.8 % of our active listings are Short Sales...
14.5 % of the homes listed in the last 30 days are Short Sales...
12.8 % of the homes pending are Short sales...
20.6 % of pending homes in the last 30 days are Short Sales...
12.5 % of the total homes sold in the last 30 days were short sales...


Feel free to call me if you have questions about these numbers and what they mean!
I’m always available to help you with your real estate needs!


*Salt Lake County, includes Salt Lake City, Holladay, South Salt Lake, Murray, Cottonwood Heights, Sandy, West Valley City, Magna, Kearns, Taylorsville, South Jordan, West Jordan, Riverton, Bluffdale, Copperton, Alta, Brighton, Snowbird, Midvale, White City, and Draper.

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