Monday, July 16, 2012

The Real Estate Report Card

Lets take a look at our 30 day snapshot of our Salt Lake County Real Estate Market!
Here are the numbers looking back from 7/16/2012.

Average Price per Sq Foot $96
Average Days on Market 81
Homes are selling for 93 % of original list price
Months Supply of Homes 4.4


ALL LISTINGS
Total # Actives 4472
Sold last 30 days 995
Sold last 365 Days 12234
Listed last 30 days 1097
Total Pending Sales 2214
Pending last 30 days 1140
Expired last 30 days 4449
Expired 365 Days 7828

REO/BANK OWNED
Total # Actives 55
Sold last 30 days 100
Sold last 365 Days 1903
Listed last 30 days 29
Total Pending Sales 70
Pending last 30 days 39
Expired last 30 days 7
Expired listings 365 Days 98
Months Supply of Homes .55

SHORT SALES
Total # Actives 1318
Sold last 30 days 145
Sold last 365 days 1885
Listed last 30 days 189
Total Pending Sales 313
Pending last 30 days 130
Expired last 30 days 86
Expired listings 365 Days 1639
Months Supply of Homes 9.0

SHORT SALES
29.4 % of our active listings are Short Sales...
17.2 % of the homes listed in the last 30 days re Short Sales...
14.1 % of the homes pending are Short sales...
11.4 % of pending homes in the last 30 days are Short Sales...
14.5 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
1.2 % of our active listings are Bank Owned...
2.6 % of the homes listed in the last 30 days are Bank Owned...
3.1 % of the homes pending are Bank Owned...
3.4 % of pending homes in the last 30 days are Bank Owned
10.0 % of the total homes sold in the last 30 days were Bank Owned...

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