Wednesday, October 28, 2015

Walker Realty & The Salt Lake Board of Realtors® is pleased to present you with an overview of the third quarter Housing Report.

In Salt Lake County during the July-August-September period there were 3,811 single-family homes sold by Realtors®. That represents an increase of 15.38 percent compared to 3,303 homes sold during the same quarter last year.

The top five Wasatch Front cities with the most home sales in the third quarter were: Clearfield (320 sales), Lehi (302 sales), South Jordan (283 sales), Tooele (277 sales) and Farr west (273 sales). In Salt Lake County, the top five cities with the highest number of homes sold were: South Jordan (283), Herriman (208), Taylorsville (204), West Jordan (187), and Draper (166).

All counties along the Wasatch Front reported strong single-family home sales. Utah County saw a 20.53 percent rise in sales year-over-year. Sales increased 8.14 percent in Davis County. Weber County reported a 14.26 percent rise, and Tooele County saw a 33.47 increase.

The median price of a single-family home increased 8.77 percent to $279,000, up from $256,500 a year earlier.

The top five priciest Wasatch Front cities by median price of single-family homes sold in the third quarter were: Alpine ($606,000), Huntsville ($509,332), Avenues ($427,950), Emigration Canyon ($423,000) and Draper ($422,750). In Salt Lake County the top five highest median home values were: Avenues ($427,950), Emigration Canyon ($423,000), Draper ($422,750), Sandy-84093 ($382,000), and Holladay (84117).

Sales of condominiums and townhomes saw a bigger increase than single-family homes at 1,067 sales, up 35.92 percent compared to 785 sales last year. The median price of condos increased to $188,972, up 7.98 percent compared to $175,000 last year at this time.

The average cumulative days on the market for listings in Salt Lake County in the third quarter dropped to 48 days, down from 62 days in the third quarter of 2014.

Monday, October 26, 2015

Lets take a look at our 30 day snapshot of our Emigration Canyon Real Estate Market! Here are the numbers looking back from 10/26/2015.

FIND OUT WHAT YOUR EMIGRATION CANYON HOME IS WORTH

Price per Sq Foot—Median $147 Average $147
Cumulative Days on Market—Median 67 Average 67
Sold Price to Original List Price—Med. 93 % Avg. 93 %
Months Supply of Homes 14


ALL LISTINGS
Total # Actives 14
Sold last 30 days 1
Sold last 365 Days 25
Listed last 30 days 0
Total Pending Sales 6
Pending last 30 days 2
Expired last 30 days 2
Expired 365 Days 28

REO/BANK OWNED
Total # Actives 0
Sold last 30 days 0
Sold last 365 Days 0
Listed last 30 days 0
Total Pending Sales 0
Pending last 30 days 0
Expired last 30 days 0
Expired listings 365 Days 0
Months Supply of Homes 0

SHORT SALES
Total # Actives 0
Sold last 30 days 0
Sold last 365 days 0
Listed last 30 days 0
Total Pending Sales 0
Pending last 30 days 0
Expired last 30 days 0
Expired listings 365 Days 0
Months Supply of Homes 0

SHORT SALES
0 % of our active listings are Short Sales...
0 % of the homes listed in the last 30 days re Short Sales...
0 % of the homes pending are Short sales...
0 % of pending homes in the last 30 days are Short Sales...
0 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
0 % of our active listings are Bank Owned…
0 % of the homes listed in the last 30 days are Bank Owned...
0 % of the homes pending are Bank Owned…
0 % of pending homes in the last 30 days are Bank Owned
0 % of the total homes sold in the last 30 days were Bank Owned...

Monday, October 19, 2015

Lets take a look at our 30 day snapshot of our 84108 Real Estate Market! Here are the numbers looking back from 10/19/2015.

FIND OUT WHAT YOUR EMIGRATION CANYON HOME IS WORTH

Price per Sq Foot—Median $179 Average $178
Cumulative Days on Market—Median 66 Average 78
Sold Price to Original List Price—Med. 89 % Avg. 93 %
Months Supply of Homes 3.1

ALL LISTINGS
Total # Actives 81
Sold last 30 days 26
Sold last 365 Days 353
Listed last 30 days 18
Total Pending Sales 48
Pending last 30 days 27
Expired last 30 days 8
Expired 365 Days 154

REO/BANK OWNED
Total # Actives 0
Sold last 30 days 0
Sold last 365 Days 0
Listed last 30 days 0
Total Pending Sales 0
Pending last 30 days 0
Expired last 30 days 0
Expired listings 365 Days 1
Months Supply of Homes 0

SHORT SALES
Total # Actives 0
Sold last 30 days 1
Sold last 365 days 3
Listed last 30 days 0
Total Pending Sales 1
Pending last 30 days 0
Expired last 30 days 0
Expired listings 365 Days 2
Months Supply of Homes 0

SHORT SALES
0 % of our active listings are Short Sales...
0 % of the homes listed in the last 30 days re Short Sales...
2.0 % of the homes pending are Short sales...
0 % of pending homes in the last 30 days are Short Sales...
3.8 % of the total homes sold in the last 30 days were short sales...

REO/BANK OWNED
0.0 % of our active listings are Bank Owned…
0.0 % of the homes listed in the last 30 days are Bank Owned...
0.0 % of the homes pending are Bank Owned...
0.0 % of pending homes in the last 30 days are Bank Owned
0.0 % of the total homes sold in the last 30 days were Bank Owned...