Thursday, March 20, 2014

The Real Estate Report Card - Salt Lake City Market Report

Lets take a look at our 30 day snapshot of our Salt Lake County Real Estate Market!

Here are the numbers looking back from 3/17/2014.

Average Price per Sq Foot $114
Average Days on Market 88
Homes are selling for 81 % of original list price
Months Supply of Homes 4.8

ALL LISTINGS
Total # Actives 3976
Sold last 30 days 816
Sold last 365 Days 14578
Listed last 30 days 546
Total Pending Sales 1789
Pending last 30 days 1174
Expired last 30 days 546
Expired 365 Days 6572

REO/BANK OWNED
Total # Actives 85
Sold last 30 days 43
Sold last 365 Days 520
Listed last 30 days 38
Total Pending Sales 38
Pending last 30 days 26
Expired last 30 days 5
Expired listings 365 Days 32
Months Supply of Homes 1.9

SHORT SALES
Total # Actives 572
Sold last 30 days 62
Sold last 365 days 1129
Listed last 30 days 78
Total Pending Sales 100
Pending last 30 days 57
Expired last 30 days 67
Expired listings 365 Days 853
Months Supply of Homes 9.2

SHORT SALES
14.3 % of our active listings are Short Sales...
14.2 % of the homes listed in the last 30 days re Short Sales...
12.9 % of the homes pending are Short sales...
12.2 % of pending homes in the last 30 days are Short Sales...
7.5 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
2.1 % of our active listings are Bank Owned…
6.9 % of the homes listed in the last 30 days are Bank Owned...
4.8 % of the homes pending are Bank Owned...
9.1 % of pending homes in the last 30 days are Bank Owned
5.2 % of the total homes sold in the last 30 days were Bank Owned...



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