Monday, February 9, 2015

The Real Estate Report Card Week of February 9, 2015

The Real Estate Report Card Week of February 9, 2015

Lets take a look at our 30 day snapshot of our Salt Lake County Real Estate Market!
Here are the numbers looking back from 2/9/2015.

Price per Sq Foot—Median $105 Average $119
Cumulative Days on Market—Median 48 Average 86
Sold Price to Original List Price—Med. 97 % Avg. 93 %
Months Supply of Homes 5.3


ALL LISTINGS
Total # Actives 3494
Sold last 30 days 648
Sold last 365 Days 14587
Listed last 30 days 1155
Total Pending Sales 1951
Pending last 30 days 1311
Expired last 30 days 532
Expired 365 Days 7379

REO/BANK OWNED
Total # Actives 36
Sold last 30 days 31
Sold last 365 Days 617
Listed last 30 days 18
Total Pending Sales 31
Pending last 30 days 23
Expired last 30 days 6
Expired listings 365 Days 43
Months Supply of Homes 1

SHORT SALES
Total # Actives 396
Sold last 30 days 39
Sold last 365 days 647
Listed last 30 days 61
Total Pending Sales 94
Pending last 30 days 45
Expired last 30 days 39
Expired listings 365 Days 594
Months Supply of Homes 10

SHORT SALES
11.3 % of our active listings are Short Sales...
5.2 % of the homes listed in the last 30 days re Short Sales...
8.0 % of the homes pending are Short sales...
7.3 % of pending homes in the last 30 days are Short Sales...
6.0 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
1.0 % of our active listings are Bank Owned…
1.5 % of the homes listed in the last 30 days are Bank Owned...
5.8 % of the homes pending are Bank Owned...
1.1 % of pending homes in the last 30 days are Bank Owned
4.7 % of the total homes sold in the last 30 days were Bank Owned...

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