Monday, November 28, 2011

The Real Estate Report Card - Salt Lake City UT, week of Nov 28, 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 11/28/2011.

ALL LISTINGS
Total # Actives 5416
Sold last 30 days 672
Sold 365 Days 11033
Listed last 30 days 953
Total Pending Sales 1513
Pending last 30 days 791
Expired last 30 days 746
Expired 365 Days 10299
Months Supply of Homes 8.0

SHORT SALES
Total # Actives 1537
Sold last 30 days 107
Sold 365 days 1553
Listed last 30 days 211
Total Pending Sales 265
Pending last 30 days 124
Expired last 30 days 133
Expired listings 365 Days 2388
Months Supply of Homes 14.3

Bank Owned
Total # Actives 104
Sold last 30 days 142
Sold 365 Days 2009
Listed last 30 days 45
Total Pending Sales 84
Pending last 30 days 54
Expired last 30 days 5
Expired listings 365 Days 132
Months Supply of Homes .7

Average Days on Market 122
Average Price per Sq Foot $87
Homes are selling for 69 % of original list price


28.3 % of our active listings are Short Sales...
22.1 % of the homes listed in the last 30 days re Short Sales...
17.5 % of the homes pending are Short sales...
15.6 % of pending homes in the last 30 days are Short Sales...
15.9 % of the total homes sold in the last 30 days were short sales...

1.9 % of our active listings are Bank Owned...
4.7 % of the homes listed in the last 30 days are Bank Owned...
5.5 % of the homes pending are Bank Owned...
6.8 % of pending homes in the last 30 days are Bank Owned…
21 % of the total homes sold in the last 30 days were Bank Owned...

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