Monday, December 10, 2012

The Real Estate Report Card - Salt Lake City Utah Real Estate week of December 10, 2012

The Real Estate Report Card - Salt Lake City Utah Real Estate week of December 10, 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 12/10/2012.

Average Price per Sq Foot $100
Average Days on Market 82
Homes are selling for 94 % of original list price
Months Supply of Homes 4.4


ALL LISTINGS - 3711 Active listings! If you take away the 846 short sale listings that have offers under third party review, we really only have 2865 homes you can buy!
Total # Actives 3711
Sold last 30 days 828
Sold last 365 Days 13124
Listed last 30 days 743
Total Pending Sales 1724
Pending last 30 days 858
Expired last 30 days 488
Expired 365 Days 6421

REO/BANK OWNED
Total # Actives 30
Sold last 30 days 51
Sold last 365 Days 1483
Listed last 30 days 11
Total Pending Sales 37
Pending last 30 days 23
Expired last 30 days 2
Expired listings 365 Days 61
Months Supply of Homes .58

SHORT SALES - Out of our 1120 active short sale listings, 846 have offers into bank, under third party review. 75%
Total # Actives 1120
Sold last 30 days 102
Sold last 365 days 1938
Listed last 30 days 126
Total Pending Sales 257
Pending last 30 days 104
Expired last 30 days 75
Expired listings 365 Days 1311
Months Supply of Homes 10.9

SHORT SALES
30.0 % of our active listings are Short Sales...
16.9 % of the homes listed in the last 30 days re Short Sales...
14.9 % of the homes pending are Short sales...
12.1 % of pending homes in the last 30 days are Short Sales...
12.3 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
8.0 % of our active listings are Bank Owned…
1.4 % of the homes listed in the last 30 days are Bank Owned...
2.1 % of the homes pending are Bank Owned...
2.6 % of pending homes in the last 30 days are Bank Owned
6.1 % of the total homes sold in the last 30 days were Bank Owned...


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