Tuesday, July 24, 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 7/24/2012.

Average Price per Sq Foot $98
Average Days on Market 76
Homes are selling for 94 % of original list price
Months Supply of Homes 4.2


SHORT SALES
29.6 % of our active listings are Short Sales...
16.1 % of the homes listed in the last 30 days re Short Sales...
14.1 % of the homes pending are Short sales...
11.2 % of pending homes in the last 30 days are Short Sales...
13.8 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
1.3 % of our active listings are Bank Owned...
2.4 % of the homes listed in the last 30 days are Bank Owned...
2.9 % of the homes pending are Bank Owned...
3.1 % of pending homes in the last 30 days are Bank Owned
09.6 % of the total homes sold in the last 30 days were Bank Owned...

ALL LISTINGS
Total # Actives 4439
Sold last 30 days 1054
Sold last 365 Days 12318
Listed last 30 days 1110
Total Pending Sales 2209
Pending last 30 days 1189
Expired last 30 days 453
Expired 365 Days 7768

SHORT SALES
Total # Actives 1314
Sold last 30 days 146
Sold last 365 days 1890
Listed last 30 days 179
Total Pending Sales 312
Pending last 30 days 134
Expired last 30 days 82
Expired listings 365 Days 1619
Months Supply of Homes 9.0

REO/BANK OWNED
Total # Actives 58
Sold last 30 days 102
Sold last 365 Days 1891
Listed last 30 days 27
Total Pending Sales 65
Pending last 30 days 37
Expired last 30 days 6
Expired listings 365 Days 95
Months Supply of Homes .56

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