Doug Nielsen
Phone:
801-671-1801
Mobile:
801-513-4711


Fax:
801-454-1369
Email
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Real Estate News

Today's Report: $6K from Big Brother...

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South SL County Month Supply Chart- This chart allows you to see, by city, how many homes are currently for sale, how many sold in the last 30 days, giving you the current month supply of homes. MONTH SUPPLY refers to how long it would take us to burn through the current inventory of homes, if no other homes came on the market.

Seller's Market- Less than 7 month supply of homes. Homes will appreciate.

Buyer's Market- More than 8 month supply. Homes will depreciate.

Balanced Market- 7-8 month supply of homes. Homes will continue to rise with inflation.

Salt Lake County Appreciation/Homes Sold/Quarter by Quarter- By far our most comprehensive chart. Dating back to 2003, this chart allows you to see the movement of Salt Lake County Real Estate. Compare quarter by quarter where we've been and where we think we are going.

CHART ONE: HOMES SOLD PER QUARTER/HOMES LISTED PER QUARTER/AVG. SALE PRICE

Salt Lake County Home Sales Graph

 TOTAL UNITS SOLD IN SL COUNTY-This graphs shows units sold per month trend in Salt Lake County. Dating back from 1995 to present.

List to Sale Price Ratio- This graphs shows that homes have historically sold within 3% of their listing price in Salt Lake County. Recent trends show that number dropping to about 94-95%. Doug Nielsen Real Estate listings tend to sale within 1% of listing price. Listing with us will save you $6,000 on a $300,000 home.

TOTAL SALES VOLUME 1995 TO PRESENT-Add up all the home sale prices. What amount of volume is being sold, 1995 to today. The WFRMLS shows that there is over $500 Million in home sales. That's alot of product.

Sandy City Stats

Sandy City Units Sold 1995 to Present --- Sandy City Average Sales Price 1995-Present --- Sandy City Price Per Square Foot 1995-Present

Updated November 30, 2008-- 9400 south to 10500 south 2300 east to 3000e- This chart shows what has sold in this area in the last 90 days. Buyer to verify.