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Herriman Homes For Sale In Salt Lake 07/01/09 Report !

The Herriman Utah homes for sale report for Salt Lake on 7/01/09 shows 7551 homes or condos listed in Salt Lake County. Fifteen hundred seventy six (20.8%) of these homes are condominiums. Herriman Utah homes make up only 3% of that number, with 291 single family homes for sale. 16 of those are condominiums (5.4% ).

The information contained in this Herriman Real Estate Market Analysis is provided by the Wasatch Front MLS, from home listings supplied by Realtors from around the Salt Lake Valley.

While the numbers are from the MLS, any commentary is the opinion of Group1 Real Estate Agents. It is just that, an opinion, not legal or accounting advise, or recommendations outside the agents area of expertise.

This report will not include most of the homes for sale by owner, (FSBOs) as these houses are rarely listed across the MLS. However it should be noted that a very high percentage of these homes/condos are sold by Utah Realtors.

Likewise New Homes, (new construction).

Most builders employ agents to sell their own homes/condos from Model Home complexes. Most of the time these new homes are not listed, and the sales agent is an employee, (paid by) the new home builder. Good examples  of this would be the Daybreak community in South Jordan and Rosecrest in Herriman UT. Both of these communities have an extensive model home presence.  

Keep in mind that unless you take your own agent to view the Models, you have no representation. You should.

It's FREE!!!   Read how to shop for a new home.

Whether you are a Real Estate Investor, home buyer, or part of a family that is considering re-locating to Herriman UT or any other town in Salt Lake County, we hope you will find this report helpful. and the Real Estate information timely.

Homes for sale in Herriman UT:

There are 291 homes for sale in Herriman Utah, as of 01/07/09
Only 5%, or 16 of these are Condominiums.
Single family detached homes for sale in Salt lake County number 5975.
Condominiums for sale make up 20.8% of the homes for sale in SLC, 1578.

Herriman Homes activity last thirty days:

In the last thirty days,63 new home listings have been added to homes for sale in Herriman UT.
Only one of these was a condo. Herriman has very few condominiums for sale.598 Herriman homes were sold and closed in that same time frame.
62 new contracts were written by Salt Lake Realtors. Fiveof these were Herriman UT Condominiums.

Herriman Bank Owned, foreclosures, HUD homes, And homes that need 3rd party approval:

The total number of distressed homes listed on the MLS in Herriman Utah is 88.That's a little over over 30% of the total homes listed.
Thirty of these homes/condos have been added within the last 30 days to home listings in Herriman UT.
212 of these homes (foreclosed homes and pre foreclosures in Herriman) have sold in the first half of the year.
Fifty nine distressed properties were placed under contract last month.IE: Bank Owned, Short Sale, HUD Home, or offer that requires 3rd party approval.

About Herriman homes for sale:

Active homes listed for sale in Herriman range in price from $134,900 to $1,500,000 dollars.
The average price of Herriman listings is $326,000.
The average contract written on a house in Herriman is $275,000.
Herriman houses closed (on average), selling for $302,000.
The average days on the market for homes in Herriman is 189.
Seventy seven % of the homes listed for sale in Herriman Utah are priced between $150 and $400,000 dollars.

We hope this report, and companion reports featuring homes for sale in other towns in the Salt lake metroplex have been helpful. look for market statistics for South Jordan and West Jordan on this same site.

To have a look at the 7550 homes for sale in Salt Lake, go to our web-site @ Salt Lake Homes. You can access pictures, prices, Maps, directions and pertinent information about homes available across the Salt Lake Valley.

To talk to a real live Realtor call 801-567-0946. For any additional Real Estate Information stop by Salt Lake Real Estate and enjoy hundreds of tips about the home buying process. Whether you are looking for a Real Estate Investment in Herriman or a house to look at, you can find it there. And it's FREE.

Thanks for being here and thanks for reading the Herriman Utah Homes For Sale- Salt Lake 7/01/09.

Published Monday, July 06, 2009 1:13 PM by Corie Seymour
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