The 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 6/27/2011. As we move into our summer market, our inventory is inching up and our sales numbers are slightly declining. Typical summer market so far. 1 in 4 of the homes for sale are short sales. ALL LISTINGS Total # Actives 6657 Sold last 30 days 781 Sold 365 Days 9724 Listed last 30 days 1516 Total Pending Sales 1720 Pending last 30 days 1024 Expired last 30 days 745 Expired listings 365 Days 11917 Months Supply of Homes 8.5 SHORT SALES Total # Actives 1667 Sold last 30 days 101 Sold 365 days 1381 Listed last 30 days 256 Total Pending Sales 250 Pending last 30 days 130 Expired last 30 days 205 Expired listings 365 Days 2679 Months Supply of Homes 16.5 Average Days on Market 126 Average Price per Sq Foot $91 Homes are selling for 89 % of original list price 25.0 % of our active listings are Short Sal...

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 6/16/2011. ALL LISTINGS Total # Actives 6615 Sold last 30 days 936 Sold 365 Days 9727 Listed last 30 days 1569 Total Pending Sales 1673 Pending last 30 days 1079 Expired last 30 days 810 Expired listings 365 Days 11969 Months Supply of Homes 7.0 SHORT SALES Total # Actives 1666 Sold last 30 days 112 Sold 365 days 1402 Listed last 30 days 274 Total Pending Sales 244 Pending last 30 days 135 Expired last 30 days 234 Expired listings 365 Days 2650 Months Supply of Homes 14.8 Average Days on Market 120 Average Price per Sq Foot $92 Homes are selling for 90 % of original list price 25.1 % of our active listings are Short Sales... 17.4 % of the homes listed in the last 30 days are Short Sales... 14.5 % of the homes pending are Short sales... 28.8 % of pending homes in the last 30 days are Short Sales... ...

The Real Estate Report Card.com! Our number of short sales have declined to just under 25%. Our peak number so far occurred the week of February 7th, 2011 with 27% of the active listings being short sales. Let's hope that number continues to decline. Most of the year 2010 saw us in the 21-23% range. Since the beginning of 2010, our inventory was at it's lowest January of this year with 6339 active listings and the peak with 7772 active listings in July, 2010. We are currently at 6561. Lets take a look at our 30 day snapshot of our County Real Estate Market! Here are the numbers looking back from 6/6/2011. ALL LISTINGS Total # Actives 6561 Sold last 30 days 829 Sold 365 Days 9691 Listed last 30 days 1492 Total Pending Sales 1623 Pending last 30 days 985 Expired last 30 days 787 Expired listings 365 Days 12034 Months Supply of Homes 7.9 SHORT SALES Total # Actives 1637 Sold last 30 days 115 Sold 365 days 1414 Listed last 30 days 245 Total Pending Sales ...