Utah Housing Market – Trending 2008 (Salt Lake County)

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This post will be updated weekly on Tuesdays. All numbers are based off the WFRMLS and are deemed accurate but not guaranteed. We can learn so much about Utah’s market by analyzing these numbers. I hope you find them helpful because they aren’t easy to publish every week. Enjoy! -Clay

	# of active listings	# of active Bank/Short Sales	% of Total Listings as Bank/Short Sale	# of New listings in last month	# of Under Contracts in last month	# of closings in last month	# of months inventory
5-Feb-08	7102	106	1.5%	2803	874	653	11
18-Feb-08	5916	116	2.0%	1838	729	432	14
25-Feb-08	5906	257	4.4%	1712	719	419	14
3-Mar-08	5848	270	4.6%	1731	745	442	13
10-Mar-08	5922	278	4.7%	1743	785	508	12
17-Mar-08	6039	276	4.6%	1895	822	571	11
24-Mar-08	7340	722	9.8%	2568	1061	852	9
31-Mar-08	7452	756	10.1%	2316	971	724	10
7-Apr-08	7519	794	10.6%	2322	983	794	9
14-Apr-08	7573	793	10.5%	2292	1087	812	9
21-Apr-08	7716	820	10.6%	2271	1077	791	10
28-Apr-08	7771	849	10.9%	2273	1094	710	11
5-May-08	7851	843	10.7%	2221	1025	786	10
12-May-08	8016	907	11.3%	2378	1016	839	10
19-May-08	8131	920	11.3%	2336	1052	827	10
27-May-08	8268	947	11.5%	2299	1007	818	10
2-Jun-08	8184	941	11.5%	2194	1005	799	10
9-Jun-08	8178	950	11.6%	2087	1018	869	9
17-Jun-08	8366	951	11.4%	2278	1051	963	9
23-Jun-08	8378	973	11.6%	2230	1021	889	9
30-Jun-08	8453	1014	12.0%	2228	932	846	10
8-Jul-08	8506	1043	12.3%	2263	889	945	9
14-Jul-08	8548	975	11.4%	2194	915	888	10
21-Jul-08	8639	986	11.4%	2219	947	897	10
28-Jul-08	8653	999	11.5%	2130	925	752	12
4-Aug-08	8637	941	10.9%	2143	831	761	11
11-Aug-08	8585	945	11.0%	2150	892	806	11
18-Aug-08	8653	908	10.5%	2123	911	804	11
25-Aug-08	8657	1205	13.9%	2133	929	791	11
2-Sep-08	8604	1196	13.9%	2168	901	869	10
9-Sep-08	8536	1153	13.5%	2082	874	884	10
15-Sep-08	8481	1168	13.8%	2109	946	889	10
22-Sep-08	8538	1181	13.8%	2216	936	868	10
29-Sep-08	8506	1147	13.5%	2158	848	761	11
6-Oct-08	8473	1154	13.6%	2200	755	883	10
13-Oct-08	8466	1161	13.7%	2103	694	859	10
21-Oct-08	8508	1122	13.2%	1955	665	848	10
27-Oct-08	8451	1135	13.4%	1801	630	718	12
27-Oct-08	8451	1135	13.4%	1801	630	718	12
3-Nov-08	8297	1132	13.6%	1723	586	584	14
10-Nov-08	8279	1089	13.2%	1727	576	581	14
17-Nov-08	8237	1120	13.6%	1736	593	554	15
25-Nov-08	8215	1121	13.6%	1797	636	567	14
1-Dec-08	8010	1125	14.0%	1596	583	492	16
8-Dec-08	7944	1120	14.1%	1531	572	519	15
15-Dec-08	7914	1122	14.2%	1548	577	564	14

On August 25th, all properties that were distressed were added to the foreclosed and bank owned properties. As a result, you’ll notice a sharp increase in Salt Lake County from 10.5% the previous week, to 13.9% this week.

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Tags: Housing, Money, Real Estate, Salt Lake City, Utah, utah real estate market