The Salt Lake City Utah Real Estate Report Card

The Real Estate Report Card.com!

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

Here are the numbers looking back from 12/6/2010.

We hit a milestone this week. Our short sales are officially of at 25%! 1 in 4 homes for sale in Salt Lake County is a short sale. One out of every four homes. The seller is behind on their payments and most likely a notice of default has been filed for one out of every four homes for sale. 

We have a 16 month supply of those homes. At the current rate of sales, it will take us sixteen months to sell those short sales off.

ALL LISTINGS

Total # Actives 6820

Sold last 30 days 582

Sold 365 Days 10195

Listed last 30 days 1215

Total Pending Sales 1275

Pending last 30 days 637

Expired last 30 days 1122

Expired listings 365 Days 12440

Months Supply of Homes 11.7

SHORT SALES

Total # Actives 1710

Sold last 30 days 107

Sold 365 days 1376

Listed last 30 days 236

Total Pending Sales 204

Pending last 30 days 102

Expired last 30 days 238

Expired listings 365 Days 2415

Months Supply of Homes 15.9

Average Days on Market 125

Average Price per Sq Foot $91

25.0 % of our active listings are Short Sales...

19.4 % of the homes listed in the last 30 days are Short Sales...

16.0 % of the homes pending are Short sales...

21.2 % of pending homes in the last 30 days are Short Sales...

18.3 % of the total homes sold in the last 30 days were short sales...