Tuesday, September 27, 2011

The Salt Lake City Real Estate Report Card


Lets take a look at our 30 day snapshot of our
Salt Lake County Real Estate Market!
Here are the numbers looking back from 9/27/2011.

ALL LISTINGS
Total # Actives 6059
Sold last 30 days 788
Sold 365 Days 10534
Listed last 30 days 1291
Total Pending Sales 1668
Pending last 30 days 947
Expired last 30 days 858
Expired 365 Days 11012
Months Supply of Homes 7.6


SHORT SALES
Total # Actives 1557
Sold last 30 days 112
Sold 365 days 1466
Listed last 30 days 220
Total Pending Sales 274
Pending last 30 days 127
Expired last 30 days 169
Expired listings 365 Days 2580
Months Supply of Homes 13.9

25.6 % of our active listings are Short Sales...
17.0 % of the homes listed in the last 30 days are Short Sales...
16.4 % of the homes pending are Short sales...
13.4 % of pending homes in the last 30 days are Short Sales...
14.2 % of the total homes sold in the last 30 days were short sales...



Bank Owned
Total # Actives 117
Sold last 30 days 127
Sold 365 Days 1884
Listed last 30 days 49
Total Pending Sales 104
Pending last 30 days 71
Expired last 30 days 18
Expired listings 365 Days 135
Months Supply of Homes 1

1.9 % of our active listings are Bank Owned...

3.7 % of the homes listed in the last 30 days are Bank Owned...
6.2 % of the homes pending are Bank Owned...
7.4 % of pending homes in the last 30 days are Bank Owned...
16.1 % of the total homes sold in the last 30 days were Bank Owned...


Average Days on Market 118
Average Price per Sq Foot $90
Homes are selling for 89 % of original list price

Read the market report for Salt Lake City from Inman News here:

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