* 10% of those listings under contract are "short sales"
* At least 22% of the listings under contract are vacant
* The median price of the listings under contract is $215,000
* The median price of active listings is $240,000
* There is an 11.6% 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
Knowledgeable & Professional Representation ... Aggressive Negotiation
Kim Novak is a Realtor® and Broker Associate with RE/MAX Masters in Salt Lake City and Layton, Utah. Licensed in 1995, Kim has closed over 500 sales during her full time real estate career and achieved industry recognition as a Lifetime SalesMaster and member of the RE/MAX Hall of Fame. She holds a BSBA with an emphasis in Sales & Marketing and has achieved the following designations/certifications:
ABR: Accredited Buyer Representative, AHWD: At Home with Diversity, CDPE: Certified Distressed Property Expert, CHS: Certified HAFA Specialist, CRS: Certified Residential Specialist, CSP: Certified New Home Sales Professional, ePRO: Internet Professional, GRI: Graduate of the Realtor® Institute, SFR: Short Sale & Foreclosure Resource, SRES: Seniors Real Estate Specialist
WOW, look at the DOM skyrocket on those high priced home!!!
Best wishes to you from upstate NY!
Hi Lewis,
I may have a referral coming your way (as soon as I find out exactly where in "upstate NY" he's headed.
Take Care!