The Real Estate Report Card - Salt Lake City Utah Home Sales Week of December 3rd, 2012

The Real Estate Report Card - Salt Lake City Utah Home Sales Week of December 3rd, 2012

Lets take a look at our 30 day snapshot of our Salt Lake County Real Estate Market!
Here are the numbers looking back from 12/3/2012.

Out of the 1,132 active short sale listings, 845 of them have offers into the bank under 3rd party review! That is 75%! What an incredibly tight market.

Average Price per Sq Foot $100
Average Days on Market 83
Homes are selling for 94 % of original list price
Months Supply of Homes 4.7

ALL LISTINGS
Total # Actives 3769
Sold last 30 days 793
Sold last 365 Days 13056
Listed last 30 days 802
Total Pending Sales 1796
Pending last 30 days 873
Expired last 30 days 489
Expired 365 Days 6459

SHORT SALES
Total # Actives 1132
Sold last 30 days 109
Sold last 365 days 1945
Listed last 30 days 135
Total Pending Sales 238
Pending last 30 days 84
Expired last 30 days 86
Expired listings 365 Days 1337
Months Supply of Homes 10.3

REO/BANK OWNED
Total # Actives 31
Sold last 30 days 51
Sold last 365 Days 1511
Listed last 30 days 12
Total Pending Sales 35
Pending last 30 days 22
Expired last 30 days 4
Expired listings 365 Days 63
Months Supply of Homes .60

SHORT SALES
30.0 % of our active listings are Short Sales...
16.8 % of the homes listed in the last 30 days re Short Sales...
13.2 % of the homes pending are Short sales...
9.6 % of pending homes in the last 30 days are Short Sales...
13.7 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
8.2 % of our active listings are Bank Owned…
1.4 % of the homes listed in the last 30 days are Bank Owned...
1.9 % of the homes pending are Bank Owned...
2.5 % of pending homes in the last 30 days are Bank Owned
6.4 % of the total homes sold in the last 30 days were Bank Owned...