Tuesday, February 21, 2012

The Salt Lake City Utah Real Estate Market / Home Sales for Salt Lake County

Lets take a look at our 30 day snapshot of our Salt Lake City Utah/Salt Lake County Real Estate Market!
The Real Estate Report Card - www.therealestatereportcard.com

Here are the numbers looking back from 2/20/2012.

Average Price per Sq Foot $87
Average Days on Market 120
On average, Homes are selling for 90 % of original list price
Months Supply of Homes 6.9


ALL LISTINGS
Total # Actives 4707
Sold last 30 days 678
Sold last 365 Days 11511
Listed last 30 days 1184
Total Pending Sales 1663
Pending last 30 days 975
Expired last 30 days 563
Expired 365 Days 9456

REO/BANK OWNED
Total # Actives 93
Sold last 30 days 155
Sold last 365 Days 2078
Listed last 30 days 49
Total Pending Sales 95
Pending last 30 days 62
Expired last 30 days 12
Expired listings 365 Days 109
Months Supply of Homes .59

SHORT SALES
30.9 % of our active listings are Short Sales...
19.0 % of the homes listed in the last 30 days re Short Sales...
20.6 % of the homes pending are Short sales...
18.7 % of pending homes in the last 30 days are Short Sales...
16.9 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
1.9 % of our active listings are Bank Owned...
4.1 % 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
22.8 % of the total homes sold in the last 30 days were Bank Owned...

SHORT SALES
Total # Actives 1456
Sold last 30 days 115
Sold last 365 days 1677
Listed last 30 days 226
Total Pending Sales 343
Pending last 30 days 183
Expired last 30 days 121
Expired listings 365 Days 2165
Months Supply of Homes 11.2

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