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Salt Lake City Utah Real Estate Guide

Blog by Dan Walker
Salt Lake City, Utah

Real Estate information for the Greater Salt Lake City Utah areas.

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Salt Lake City Utah Real Estate Guide

May 2008

Home Sales numbers for Utah by County

Saturday, May 31, 2008

30 day snapshot on home sales in Salt Lake County

31-May Salt Lake 1  
  Active 8263
  Active -30 2382
  U/C -30 1040
  Expired 1229
  Sold 852
  Supply 9.70

We currently have 8263 active listings
2382 were listed in the last 30 days and
1040 were put under contract or pending.
1229 homes expired or didn't sell, and
852 homes sold n the last 30 days.

30 day snapshot on home sales in Davis County

31-May Davis 2  
  Active 2270
  Active -30 649
  U/C -30 310
  Expired 386
  Sold 273
  Supply 8.32

We currently have 2270 active listings
649 were listed in the last 30 days and
310 were put under contract or pending.
386 homes expired or didn't sell, and
273 homes sold n the last 30 days.

30 day snapshot on home sales in Summit County

31-May Summit 3
  Active 1029
  Active -30 245
  U/C -30 40
  Expired 152
  Sold 38
  Supply 27.08

We currently have 1029 active listings
245 were listed in the last 30 days and
40 were put under contract or pending.
152 homes expired or didn't sell, and
38 homes sold n the last 30 days.

30 day snapshot on home sales in Wasatch County

31-May-08

Wasatch 4  
  Active 572
  Active -30 125
  U/C -30 16
  Expired 72
  Sold 20
  Supply 28.60


We currently have 572 active listings
125 were listed in the last 30 days and
16 were put under contract or pending.
72 homes expired or didn't sell, and
20 homes sold n the last 30 days.


30 day snapshot on home sales in Utah County

31-May-08 Utah 5  
  Active 5282
  Active -30 1303
  U/C -30 389
  Expired 724
  Sold 356
  Supply 14.84

We currently have 5282 active listings
1303 were listed in the last 30 days and
389 were put under contract or pending.
724 homes expired or didn't sell, and
356 homes sold n the last 30 days.


30 day snapshot on home sales in Tooele County
31-May-08 Tooele 7  
  Active 609
  Active -30 164
  U/C -30 50
  Expired 93
  Sold 55
  Supply 11.07

We currently have 609 active listings
164 were listed in the last 30 days and
50 were put under contract or pending.
93 homes expired or didn't sell, and
55 homes sold n the last 30 days.

30 day snapshot on home sales in Weber County
31-May-08 Weber 8  
  Active 2316
  Active -30 631
  U/C -30 285
  Expired 346
  Sold 275
  Supply 8.42
We currently have 2316 active listings
631 were listed in the last 30 days and
285 were put under contract or pending.
346 homes expired or didn't sell, and
275 homes sold n the last 30 days.

Call me to see how these numbers affect you in your area.

Salt lake City home stats

Thursday, May 15, 2008

Salt Lake City Home Sales

We currently have 8113 active listings in Salt Lake county.
2525 were listed in the last 30 days, and 1097 properties were put under contract.
We had 1337 properties that didn't sell, and had 909 homes that did sell.

It's good to see the number sold up in the 900 range, but we still have a 8.93 month suppply
of inventory to burn through.

We are still in a buyers market, and interest rates are still great. What are you waiting for? An invitation?

You are cordially invited to set an appointment with me to view some properties, and enter into negotiation on the property of your choice! To partially quote Romans 1:20, you are now without excuse!

Until next time, Dan

Shirking my duty in Salt Lake City

Thursday, May 15, 2008

Shirking my Duty in Salt Lake City

Well I have to admit I have been less than enthusiastic when it comes to maintaining this blog. I have been watching the market closley in Salt Lake City and posting religously only to think that no one really cares or listens, or pays attention. Well, hopefully I have gotten over myself and will get back with the program. You see, I know that sellers and buyers need my knowledge and expertise now, more than ever.

As I see the number of home sales pick up here in Salt Lake, I also see the inventory increase and it's apparent that we really just are maintaining status quo. The inventory is right about where it's been for the last couple of months. So here's my theory, and I'm pretty surer I'm correct.

What I'm seeing is a lot of homes that still have not sold, and I'm seeing homes that expired come back on the market. With all the media attention on the "bad market", I think a lot of sellers have had bad agents or in-experienced agents working for them. Agents who have not been able to counsel their sellers correctly, and advise them correctly on how to get their home sold. When the home doesn't sell, the agent blames it on the market, and the seller finds it very believable becasue that's all they hear all day long.

IT'S TIME TO WAKE UP! Experience is the key to success in this market! It may be time for you to consider a different agent at this point if you still need to sell, or possibly you need to start listening to the agent you have.

Well, I'll get off my soapbox now. Remember, I'm Dan Walker! I know how to sell houses, and I always go the extra mile.