* 10% of those listings under contract are "short sales"
* At least 28% of the listings under contract are vacant
* The median price of the listings under contract is $159,000
* The median price of active listings is $186,500
* There is an 17.3% disparity between what sellers want to sell their homes for and what buyers are ready, willing and able to pay for a home
Source: Wasatch Front Regional Multiple Listing Service
Kim Novak is a Broker Associate with RE/MAX Masters in Salt Lake City and Layton, Utah. She holds a BSBA with an emphasis in Sales & Marketing and has achieved the designations of ABR: Accredited Buyer Representative, CDPE: Certified Distressed Property Expert, CRS: Certified Residential Specialist, CSP: Certified New Home Sales Professional, GRI: Graduate of the Realtor® Institute, SRES: Seniors Real Estate Specialist and ePRO: Internet Professional. Licensed in 1995, Kim has closed over 500 sales during her full time real estate career.
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