Sandy City Utah Homes For Sale - Report On Salt Lake Real Estate!
This report on Salt Lake Real Estate should help those buyers that are looking for Sandy City Utah homes for Sale either as an investement or to buy a new family home.
The information should not be taken as advise, as all of the numbers were taken from the Salt Lake MLS and concentrated on activity of Homes for sale In Sandy City Utah. Zip codes, 84070, 84092, 84093, & 84094.
This is just a snapshot of sales and listings in Sandy City in November 2009.
Utah Homes Listed For Sale In Sandy City:
Currently there are 697 Homes or Condominiums listed for sale.
113 of these are Salt Lake Condominiums for sale.
In the last 30 days, 135 Sandy City Homes were listed.
Average listed price of the new listings was $342,290.00.
18.5% of the listings are pre foreclosed homes in SLC. ( Short Sales).
Of the 130 Short Sales 25 have the listed price approved.
105 of the Sandy City UT Short Sales listed need 3rd party approval.
There are 25 Short Sale Homes that have offers under review with the Mortgage holder.
Only 34 of the Homes listed for sale in Sandy are Foreclosures. IE: Bank Owned, HUD Homes, Corporate Owned, or REOs.
November Homes In Sandy City Put Under Contract:
There were 64 Sandy City Homes purchased in November.
Average price of homes under contract is $319,960.
That indicates a 96% discount from listed price.
More than 50% of the Homes/Condos under contract is between $200 and $300,000.
Average days on the market for the 64 contracts are 117.
Expired Listings In November In Sandy Utah:
There are many reasons why listings expire, but in today's market we can assume that an expired listing is more than likely a Short Sale for which a home buyer could not be found. It will soon be listed again as a Foreclosure, or Bank Owned Home.
In November 113 Sandy Homes Listings Expired.
Average price of the expired listings in Sandy was $381,780 dollars.
The average Days on the market was 189 days.
Only 37% of the expired homes for sale in Sandy UT were priced between $200 & $300,000.
Homes Sold/Closed In Sandy City UT In November:
In November, 95 homes sales were settled In Sandy City UT. (closed and funded).
The least expensive home sold was $119,900; Most expensive sold for $749,900.
Average price of the 95 homes sold in Sandy City in November was $259,909.
Days on the market for the Condos and Houses sold in Sandy was 103 days.
Almost 56% of the homes closed last month were listed between $200 and $300,000.
27% of the listings sold were under $200,000 dollars.
Opinion On Sandy City Utah Homes For Sale:
Real Estate in Sandy City has a long history of leading the Wasatch Front in opportunity and value. Combine The favorable ratio of detached homes to Condos , the inventory of newer homes interwoven with older dwellings and the wide variety of pricing options, and you have an area that is family friendly as well as investor worthy.
With pre foreclosures making up almost 20% of the Sandy Homes for Sale, and these Short Sales showing up in well known subdivisions like White City, Jefferson Place, Oakridge Heights, Bell Canyon, Falconhurst, Dimple Dell, The Boulders, and Willow Creek it is well worth investigating Salt Lake Homes For Sale in Sandy City Utah.
The best way to search for homes in Sandy City is to visit our website @ Salt Lake Real Estate and then click on Search for homes to see photos, maps, prices and directions to houses listed.
If your looking for the value promised by a pre-foreclosure, press the Short Sale button for a free list of available Sandy City Short Sales For Sale.
We recommend that our clients search the Foreclosed Homes list to see Bank Foreclosures and HUD Homes.
Or just call us @ 801-567-0946 and we'll point you in the right direction for Sandy City Utah Homes for Sale or talk about our report on Salt Lake Real Estate.