Kim Novak's Utah Real Estate Blog: Weber County UT Real Estate Update

News, Trends & Discussions About The Real Estate Market in Northern Utah

Weber County UT Real Estate Update

* Only 17% of the current single family home MLS listings are under contract
* 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

Weber County Market Summary Report - Under Contract Listings Weber County Market Summary Report - Active Listings

Source: Wasatch Front Regional Multiple Listing Service

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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

5 commentsKim Novak, REALTORĀ® • November 12 2009 08:37PM

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