Monday, February 27, 2012

The Salt Lake City Utah Real Estate Market February 27,2012/ Home Sales for Salt Lake County

www.TheRealEstateReportCard.com

The Real Estate Report Card
Lets take a look at our 30 day snapshot of our Salt Lake County / Salt Lake City Utah Real Estate Market!
Here are the numbers looking back from 2/27/2012.

Average Price per Sq Foot $88
Average Days on Market 116
Homes are selling for 90 % of original list price
Months Supply of Homes 6.9


ALL LISTINGS
Total # Actives 4641
Sold last 30 days 667
Sold last 365 Days 11491
Listed last 30 days 1152
Total Pending Sales 1744
Pending last 30 days 1018
Expired last 30 days 560
Expired 365 Days 9406

SHORT SALES
Total # Actives 1433
Sold last 30 days 105
Sold last 365 days 1667
Listed last 30 days 224
Total Pending Sales 359
Pending last 30 days 194
Expired last 30 days 124
Expired listings 365 Days 2154
Months Supply of Homes 13.6

REO/BANK OWNED
Total # Actives 82
Sold last 30 days 165
Sold last 365 Days 2077
Listed last 30 days 39
Total Pending Sales 95
Pending last 30 days 68
Expired last 30 days 15
Expired listings 365 Days 113
Months Supply of Homes .49

SHORT SALES
30.8 % of our active listings are Short Sales...
19.4 % of the homes listed in the last 30 days re Short Sales...
20.5 % of the homes pending are Short sales...
19.0 % of pending homes in the last 30 days are Short Sales...
15.7 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
1.7 % of our active listings are Bank Owned...
3.3 % of the homes listed in the last 30 days are Bank Owned...
5.4 % of the homes pending are Bank Owned...
6.6 % of pending homes in the last 30 days are Bank Owned
24.7 % of the total homes sold in the last 30 days were Bank Owned...

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