The Real Estate Report Card.com Salt Lake City July 18, 2011

The Real Estate Report Card.com!


Our spring selling market is carrying over into the summer selling season! The week of July 11 showed the greatest number of sales this year. Our short sales are dipping below the 25% mark again. All in all the market is pretty good considering what has happened in the last year or so.

Lets take a look at our 30 day snapshot of our Salt Lake County Real Estate Market!
Here are the numbers looking back from 7/18/2011.

ALL LISTINGS
Total # Actives 6624
Sold last 30 days 815
Sold 365 Days 9878
Listed last 30 days 1437
Total Pending Sales 1673
Pending last 30 days 960
Expired last 30 days 767
Expired listings 365 Days 11719
Months Supply of Homes 8.1
Total # Actives 1654

SHORT SALES
Sold last 30 days 83
Sold 365 days 1365
Listed last 30 days 243
Total Pending Sales 257
Pending last 30 days 134
Expired last 30 days 214
Expired listings 365 Days 2699
Months Supply of Homes 19.9

Average Days on Market 126
Average Price per Sq Foot $93
Homes are selling for 91 % of original list price
24.9 % of our active listings are Short Sales...
16.9 % of the homes listed in the last 30 days are Short Sales...
15.3 % of the homes pending are Short sales...
13.9 % of pending homes in the last 30 days are Short Sales...
10.1 % of the total homes sold in the last 30 days were short sales...