LIBERTY WELLS
SALT LAKE CITY
MONTHLY AREA REPORT
SEPTEMBER 2017 | SINGLE FAMILY HOMES
Mavis McAffee, MBA
SRS, PSA
Cell: 801-347-2660
mavis.mcaffee@utahhomes.com
http://www.ut-real-estate.com

SALT LAKE CITY | LIBERTY WELLS    Share
MARKET SUMMARY
September 2017 | Single Family Homes
Market Month to Date Year to Date
Summary September 2017 September 2016 Percent Change Year-To-Date 2017 Year-To-Date 2016 Percent Change
New Listings 0 2 -100%  15 12 25% 
Sold Listings 2 0 0%  12 9 33.33% 
Median Listing Price $599,900 $0 0%  $315,172 $255,000 23.6% 
Median Selling Price $594,450 $0 0%  $315,500 $235,000 34.26% 
Median Days on Market 57 0 0%  7 4 75% 
List/Sell Price Ratio 99% 0% 0%  100.6% 99.6% 1.02% 
Average Listing Price $599,900 $0 0%  $345,262 $253,866 36% 
Average Selling Price $594,450 $0 0%  $346,572 $252,555 37.23% 
Average Days on Market 57 0 0%  23 7 228.57% 
SOLD AND NEW PROPERTIES (UNITS)
September 2017 | Single Family Homes
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

SALT LAKE CITY | LIBERTY WELLS
MEDIAN SALES PRICE AND NUMBER OF SALES
September 2017 | Single Family Homes
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
September 2017 | Single Family Homes

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SALT LAKE CITY | LIBERTY WELLS
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
September 2017 | Single Family Homes
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
September 2017 | Single Family Homes


Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

SALT LAKE CITY | LIBERTY WELLS
PROPERTIES FOR SALE AND SOLD PROPERTIES
September 2017 | Single Family Homes
AVERAGE ASKING/SOLD/UNSOLD PRICE
September 2017 | Single Family Homes
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

SALT LAKE CITY | LIBERTY WELLS
ABSORPTION RATE
September 2017 | Single Family Homes
MONTHS SUPPLY OF INVENTORY
September 2017 | Single Family Homes
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

The statistics presented in the Area Report are compiled based on figures and data generated by IDC global for the benefit of Coldwell Banker Residential Brokerage. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. IDC global obtains its data from various sources and has not been, and will not be, verified by Coldwell Banker. All information should be independently reviewed and verified for accuracy. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage cannot and will not investigate or verify the accuracy of the data accuracy. Data maintained by the MLSs may not reflect all real estate activity in the market. Owned by NRT LLC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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