Tuesday, February 17, 2015

The Real Estate Report Card - Week of February 16, 2015

The Real Estate Report Card - Week of February 16, 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 2/16/2015.

Price per Sq Foot—Median $108 Average $119
Cumulative Days on Market—Median 50 Average 81
Sold Price to Original List Price—Med. 99 % Avg. 94 %
Months Supply of Homes 5


ALL LISTINGS
Total # Actives 3410
Sold last 30 days 672
Sold last 365 Days 14599
Listed last 30 days 1127
Total Pending Sales 2140
Pending last 30 days 1420
Expired last 30 days 522
Expired 365 Days 7391

REO/BANK OWNED
Total # Actives 41
Sold last 30 days 28
Sold last 365 Days 614
Listed last 30 days 24
Total Pending Sales 26
Pending last 30 days 16
Expired last 30 days 6
Expired listings 365 Days 42
Months Supply of Homes 1.4

SHORT SALES
Total # Actives 394
Sold last 30 days 39
Sold last 365 days 647
Listed last 30 days 55
Total Pending Sales 95
Pending last 30 days 45
Expired last 30 days 36
Expired listings 365 Days 587
Months Supply of Homes 10

SHORT SALES
11.5 % of our active listings are Short Sales...
4.8 % of the homes listed in the last 30 days re Short Sales...
7.9 % of the homes pending are Short sales...
6.8 % of pending homes in the last 30 days are Short Sales...
5.8 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
1.2 % of our active listings are Bank Owned…
2.1 % of the homes listed in the last 30 days are Bank Owned...
5.6 % of the homes pending are Bank Owned...
1.1 % of pending homes in the last 30 days are Bank Owned
4.1 % of the total homes sold in the last 30 days were Bank Owned...

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