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Salt Lake City UT Real Estate Guide

Wednesday, April 9, 2008 - April Showings Bring May Closings...

It's nice to see the weather warming up a little, and I love these spring time storms. Remember, April Showings brings May Closings!

Our number of active listings is 7595, with 2499 listed in the last 30 days.
1075 have gone under contract, and 1420 have expired.

We sold 892 homes in the last 30 days. We're inching up there, we need to get to the 1000-1200 mark every thirty days to get back to somewhat of a normal state.

Right now, our average time on market is 60 days, with the 200K and below selling much quicker. Homes have been selling for 97-98% of their list price, and the averge price per square foot has been $118-119. Our current average sales price is about $270K, that is up substantially from our low of last November where we bottomed out at 260K. It was clear back in July of '06 since are average price was that low.

We're also seeing a lot of those homes in the first time buyer range starting to sell quickly now.

If you are one of the ones who have expired, and still need to sell, visit my site at www.NoRegretsListing.com to see what I can do for you.

If you need some real help buying, give me a call, and I'll help you get the pre-approval process started.

4/9/ Salt Lake 1  
  Active 7595
  Active -30 2499
  U/C -30 1075
  Expired 1420
  Sold 892
  Supply 8.51

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

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