Monday, July 30, 2012

The Real Estate Report Card for Salt Lake City Utah Real Estate

The Real Estate Report Card

Lets take a look at our 30 day snapshot of our Salt Lake City Utah Real Estate Market!
Here are the numbers for Salt Lake City Utah Homes for Sale looking back from 7/30/2012.

Average Price per Sq Foot $98
Average Days on Market 76
Homes are selling for 95 % of original list price
Months Supply of Homes 4.9


ALL LISTINGS
Total # Actives 4480
Sold last 30 days 901
Sold last 365 Days 12249
Listed last 30 days 1096
Total Pending Sales 2194
Pending last 30 days 1120
Expired last 30 days 438
Expired 365 Days 7591

REO/BANK OWNED
Total # Actives 56
Sold last 30 days 84
Sold last 365 Days 1881
Listed last 30 days 22
Total Pending Sales 70
Pending last 30 days 41
Expired last 30 days 1
Expired listings 365 Days 92
Months Supply of Homes .66

SHORT SALES
Total # Actives 1323
Sold last 30 days 115
Sold last 365 days 1872
Listed last 30 days 172
Total Pending Sales 304
Pending last 30 days 118
Expired last 30 days 79
Expired listings 365 Days 1577
Months Supply of Homes 11.5

SHORT SALES
29.5 % of our active listings are Short Sales...
15.6 % of the homes listed in the last 30 days re Short Sales...
13.8 % of the homes pending are Short sales...
10.5 % of pending homes in the last 30 days are Short Sales...
12.7 % 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...
2.0 % of the homes listed in the last 30 days are Bank Owned...
3.1 % of the homes pending are Bank Owned...
3.6 % of pending homes in the last 30 days are Bank Owned
9.3 % of the total homes sold in the last 30 days were Bank Owned...

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