Monday, October 31, 2011

The Real Estate Report Card Salt Lake City Utah Halloween Oct 31,2011

Lets take a look at our 30 day snapshot of our
Salt Lake County Real Estate Market!
Here are the numbers looking back from 10/31/2011.

ALL LISTINGS
Total # Actives 5755
Sold last 30 days 789
Sold 365 Days 10843
Listed last 30 days 1186
Total Pending Sales 1547
Pending last 30 days 857
Expired last 30 days 727
Expired 365 Days 10561
Months Supply of Homes 7.2

SHORT SALES
Total # Actives 1544
Sold last 30 days 114
Sold 365 days 1538
Listed last 30 days 211
Total Pending Sales 262
Pending last 30 days 120
Expired last 30 days 124
Expired listings 365 Days 2488
Months Supply of Homes 13.5

Bank Owned
Total # Actives 110
Sold last 30 days 162
Sold 365 Days 1952
Listed last 30 days 48
Total Pending Sales 83
Pending last 30 days 51
Expired last 30 days 14
Expired listings 365 Days 141
Months Supply of Homes 1

Average Days on Market 120
Average Price per Sq Foot $90
Homes are selling for 85 % of original list price

26.8 % of our active listings are Short Sales...
17.7 % of the homes listed in the last 30 days re Short Sales...
16.9 % of the homes pending are Short sales...
14.0 % of pending homes in the last 30 days are Short Sales...
14.4 % of the total homes sold in the last 30 days were short sales...

1.9 % of our active listings are Bank Owned...
4.0 % of the homes listed in the last 30 days are Bank Owned...
5.3 % of the homes pending are Bank Owned...
5.9 % of pending homes in the last 30 days are Bank Owned…
2.0 % of the total homes sold in the last 30 days were Bank Owned...

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