The
Sandy 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.
Sandy UT homes make up almost 10% of that number, with 751 single family homes for sale. One hundred twenty two of those are condominiums.
The information contained in this Sandy City 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 Sandy 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 Sandy City UT:
There are 751 homes for sale in Sandy City Utah, as of 01/07/09
Over 16%, or 122 of these are Condominiums.
Single family detached homes for sale in Salt lake County number 5975.
Sandy City Homes activity last thirty days:
In the last thirty days,181 new home listings have been added to homes for sale in Sandy UT.
Twenty two of these were condos. A little over 12% and a little less than the proportionate share.
102 Sandy homes were sold and closed in that same time frame.
108 new contracts were written by Salt Lake Realtors. 15 of these were Sandy UT Condominiums.
Sandy City Bank Owned, foreclosures, HUD homes, And homes that need 3rd party approval:
The total number of distressed homes listed on the MLS in Sandy Utah is 101.That's a little over over 13% of the total homes listed.
This number is almost exactly the same percentage of troubled properties listed as last year.
Eighteen of these homes/condos have been added within the last 30 days to home listings in Sandy UT.
148 of these homes (foreclosed homes and pre foreclosures in Sandy) have sold in the first half of the year.
Eleven distressed properties were placed under contract last month.IE: Bank Owned, Short Sale, HUD Home, or offer that requires 3rd party approval.
About Sandy City homes for sale:
As usual, Sandy City appears to be the most stable and attractive area along the Wasatch Front. Homes for sale rank 3rd among the cities, Home sales 3rd, and Sandy ranks 2nd overall in days on market. (fewest).
The reasons for the Sandy's Real Estate success has to do with the fact that as the first upscale development in the county, Sandy has adhered for the most part to a realistic development plan, that appeals to a broad range of Utah home buyers. As an example, Horse property in Sandy is available, as well as high density housing for entry level buyers. Large lots can be found adjacent to private gated communities.
Because most of the land was developed prior to the Real Estate boom of the last few years, New Construction has been limited for the most part to infill projects that are easier to monitor and more easily adjusted. Sandy, therefore has not suffered from a huge number of new homes competing with existing inventory. Pre-foreclosures and concentrations of foreclosed homes such as Parry Farms in Bluffdale UT and a number of high end homes REOd from Builders in Herriman are an exception in Sandy City.
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 or a house to look at, you can find it there. And it's FREE.
Thanks for being here and thanks for reading the Sandy UT Homes For Sale- Salt Lake 7/01/09.
Published Thursday, July 02, 2009 8:28 AM by Corie Seymour
