Monday, October 24, 2011

The Real Estate Report Card Salt Lake City Ut area week of October 24,2011

Lets take a look at our 30 day snapshot of our
Salt Lake County Real Estate Market!
Here are the numbers looking back from 10/24/2011.

Our sales for this time of year are 40% higher than this time last year! A good sign things are improving. Our average price per square foot has been hanging around $91.

ALL LISTINGS
Total # Actives 5817
Sold last 30 days 824
Sold 365 Days 10772
Listed last 30 days 1232
Total Pending Sales 1627
Pending last 30 days 934
Expired last 30 days 800
Expired 365 Days 10736
Months Supply of Homes 7.0

SHORT SALES
Total # Actives 1536
Sold last 30 days 114
Sold 365 days 1518
Listed last 30 days 214
Total Pending Sales 276
Pending last 30 days 132
Expired last 30 days 132
Expired listings 365 Days 2515
Months Supply of Homes 13.4

Bank Owned
Total # Actives 107
Sold last 30 days 155
Sold 365 Days 1919
Listed last 30 days 43
Total Pending Sales 94
Pending last 30 days 59
Expired last 30 days 18
Expired listings 365 Days 144
Months Supply of Homes 1

Average Days on Market 119
Average Price per Sq Foot $90
Homes are selling for 83 % of original list price

26.4 % of our active listings are Short Sales...
17.3 % of the homes listed in the last 30 days are Short Sales...
16.9 % of the homes pending are Short sales...
14.1 % of pending homes in the last 30 days are Short Sales...
13.8 % of the total homes sold in the last 30 days were short sales...

1.9 % of our active listings are Bank Owned...
3.0 % of the homes listed in the last 30 days are Bank Owned...
5.7 % of the homes pending are Bank Owned...
6.3 % of pending homes in the last 30 days are Bank Owned…
19.0 % of the total homes sold in the last 30 days were Bank Owned...

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