Salt Lake County Weekly Update V01E01

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Welcome to Salt Lake County’s Weekly Market Review Brought to you by Kris Furrow – Associate Broker Windermere Real Estate - UTAH

Hello my name is Kristopher Furrow.I am an Associate Broker with Windermere Real Estate – UTAH serving Salt Lake, Utah, Davis, Weber & Summit Counties. : 

Hello my name is Kristopher Furrow.I am an Associate Broker with Windermere Real Estate – UTAH serving Salt Lake, Utah, Davis, Weber & Summit Counties.

Resolutions! : 

Resolutions!

Volume 1Episode 1 : 

Volume 1Episode 1 As of this week we have 19,241 active listings across the state Report for the week preceding Monday, January 4 2010 Weekly Market Update

Salt Lake County : 

Salt Lake County

Absorption Rates : 

Below 6 Months At 6 Months Above 6 Months Absorption Rates Absorption Rate is the ratio of the number of listed properties (Active's) to the number of sold properties over a given length of time. It is used for an indication of Inventory or Supply of homes on the market.

Absorption Rates : 

Absorption Rates Salt Lake County’s supply of homes, within the last 12 months. Active Properties: 6,732 Under Contract Properties: 528 Sold Properties: 10,439 Absorption Rate : 7.37 Months Buyers Market

Absorption Rates : 

Salt Lake County’s supply of homes, within the last 6 months. Active Properties: 6,733 Under Contract Properties: 528 Sold Properties: 4,906 Absorption Rate : 7.43 Months Buyers Market Salt Lake County’s supply of homes, within the last 3 months. Active Properties: 6,733 Under Contract Properties: 528 Sold Properties: 1,744 Absorption Rate : 8.77 Months Buyers Market Absorption Rates

Important statistics : 

Important statistics Average Days on Market 70 Days Sales Price to List Price 92% Avg. Price per Square Foot $98.06 Median Sales Price $210,000.00 Avg. Sales Price $248,110.00 4 Week Rolling Averages For SOLDS

Online this Week : 

Online this Week 196 New Listings

New Under Contracts this Week : 

New Under Contracts this Week 92 Under Contract

Just Sold this Week : 

Just Sold this Week 196 Homes SOLD

Expired Listings this Week : 

Expired Listings this Week 383

Expired Listings this Week : 

Expired Listings this Week If Your Listing Expired, call me today to discuss why you failed to sell within the averages time mentioned moments ago! 383

Every Neighborhood is Different! : 

Every Neighborhood is Different! Work with me & I will tailor reports with information like this, specific to you, your area and your needs. Because you deserve a quality education when it comes to making this level of decisions!

Fun or Helpful Information : 

Fun or Helpful Information

This Weeks Special Event : 

This Weeks Special Event The Interactive Art Exhibit called “ADMISSION” at the RIO Gallery will close this week. Chris Purdie and Marc Bradley Johnson are two artists, using two cubes, over two hundred speakers, and twelve doors to create large, interactive sculptures in Admission. "This exhibit will really engage people and highlight the art of sound and motion." Purdie's sculpture is a six-foot cube constructed by stacking over two hundred functioning speakers to represent thought or voice. Johnson's sculpture is a seven-foot cube constructed of twelve functioning doors to demonstrate access to possibilities or options. The audience is invited to interact with these sculptures by listening to the speakers and by walking in and out of the doors. "It's fun, it's entertaining, but it also has a tie to art history and philosophy," says Purdie. "This is art that you actually get to touch and be a part of," says Johnson. The Rio Gallery is located in the historic Rio Grande Depot at 300 South 455 West in Salt Lake City. Gallery hours are 7 a.m.-6 p.m. Monday-Thursday. For more information about the Rio Gallery and the exhibit, contact Laura Durham at (801) 533-3582 or ldurham@utah.gov .

Community Service : 

Community Service VOLUNTEERS ARE ALWAYS NEEDED Much of the work done by Crossroads is accomplished by the efforts of hundreds of dedicated volunteers. The Thrift Store & The Pantry depend on volunteers for all aspects of their operations including transporting and sorting donations, stocking the store shelves, housekeeping and manning the registers. To learn more about how you can become a part of Crossroads mission by volunteering your time. Please talk to Linda Hilton, the Volunteer & Resource Coordinator or just stop by Crossroads Urban Center to get involved today. 347 South 400 East Salt Lake City, Utah 84111 (801) 364-7765

Trusted Resources : 

Trusted Resources Mark Moyes Certified Mortgage Planner – ALMPhone: 801-999-0886 Fax: 801-983-826064 E 6400 S Suite 335 Murray, Utah 84107 Trying to find the right home loan can be difficult. Finding the right company to help you get your financing can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed. Fortunately, Mark and his team at Veritas Funding have made a commitment to excellence.  Mark’s simplified mortgage process is designed to quickly give you the facts you need to make important decisions. With over 70 Million Dollars in loan production and hundreds of satisfied clients Mark’s proven methods will help you integrate your mortgage products into your overall short and long term financial goals. I have worked with Mark Moyes for years and not only would I trust him with all my clients, I have trusted him with my closest friends and family. Call Mark today, you will not be disappointed!

This Weeks Lowest Priced Sold Property : 

This Weeks Lowest Priced Sold Property 5047 EL AMADOR ST Holladay,   UT 84117 Type: Manufactured Home Year Built : 1971 MLS#: 915224 List Price:   $12,500 Status:   Sold Dom:   97 List Date:   09/24/2009 Sold Date: 12/30/2009 Sold Price:   $11,000 Sld Date:   12/30/2009 Concessions   $0.00 Sold Terms:   Cash

This Weeks Highest Priced Sold Property : 

This Weeks Highest Priced Sold Property 3907 ALTA APPROACH RD Sandy, UT 84092 Type: Single Family Year Built: 1990 MLS #: 902465 List Price: $1,745,000 Status: Sold List Date: 03/18/2008 Dom: 562 Contract Dom: 46 Contract Date: 11/12/2009 Sold Price: $1,588,000 Sold Date: 12/28/2009 Concessions $0.00 Sold Terms: Conventional

Featured Listing : 

Featured Listing 234 S IOWA ST Salt Lake City, UT 84102 List Price: $214,900 1720 SQFT, 3Beds, 1 Full Bath, 1 Family Room, Fire Place & Laundry on the Main Floor Type: Single Family Style: Bungalow/Cottage Year Built: 1915 DOM: 63 School Dist: Salt Lake Elem: M Lynn Bennion Jr High: Bryant Sr High: East Priv Schl: Judge Memorial Heating: Gas: Central Air Conditioning: Central Air; Electric Driveway: Gravel Parking Space: 3 Floor Covering: Hardwood Exterior: Brick Inclusions: Ceiling Fan; Dryer; Range; Refrigerator; Washer Central Vacuum; Disposal; Gas Log fireplace equipment Terms: Conventional; FHA Perfect opportunity to live between U of U & downtown. Adequate room for 2-3 cars off street parking. Quaint bungalow on great street. Huge laundry room, large bedroom & awesome pantry downstairs. Furnace, roof & central air approx 5 yrs old.

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Where to Search for your next home?

Thank You!Kristopher Furrow -Associate Broker Windermere Real Estate –UTAHDirect: 801-999-8679Web: NOWShowingUTAH.comTwitter: @NOWShowingUTAH : 

Thank You!Kristopher Furrow -Associate Broker Windermere Real Estate –UTAHDirect: 801-999-8679Web: NOWShowingUTAH.comTwitter: @NOWShowingUTAH