801-205-3500 or 801-205-1600 Gales@UtahRealty.us

Please keep in mind that most listing status changes must be made within three (3) business days of the date the status change occurs, with the exception of listings which are Canceled (change within 24 hours) and listings which are Sold (change within 5 business days).

Active – The listing is available for sale or lease and no offers (with or without contingencies) have been accepted. A listing in the “Active” status must be available for showings within a reasonable period of time (which generally means within four business days) after the listing has been placed in the Active status. This is an on-market status, and Days on Market (“DOM”) will accumulate.

Active T/C – The listing is under contract with an accepted offer, but a “Time Clause” addendum is in place and the buyer and seller agree that the property is to remain on-market so that additional offers may be solicited. This is an on-market status and DOM will accumulate.

Backup – The seller has accepted an offer on the listing, but the seller requests that the property remain on-market to solicit additional, back-up offers. This is an on-market status and DOM will accumulate.

Under Contract – The listing is under contract with an accepted offer. This is an off-market status and DOM will not accumulate.

Off Market – The listing is temporarily not available for showings per the seller’s request. However, a valid listing agreement is in effect.

  • Note: When in the Off Market status, DOM will not accumulate, photos are not required, and the listing will not be visible on UtahRealEstate.com or any IDX or syndication websites.

Withdrawn – A valid listing agreement is in effect, however, the seller and listing broker have agreed to withdraw the listing from being marketed through the MLS.

Canceled – The listing agreement has been terminated prior to the expiration date specified in the listing agreement.

Expired – The termination date of the listing agreement has passed, and a valid listing agreement for this listing is no longer in effect.

Sold – The listing has sold and title to the property has transferred from the seller to the buyer.

Leased – The listing has been leased.

Experts Predict a Strong Housing Market for the Rest of 2019 We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some...

Three Benefits of Growing Equity in Your Home

Three Benefits of Growing Equity in Your Home

The Benefits of Growing Equity in Your Home Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is...

American Confidence in Housing at an All-Time High

American Confidence in Housing at an All-Time High

  Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore,...

How to Increase Your Equity Over The Next 5 Years

How to Increase Your Equity Over The Next 5 Years

How to Increase Your Equity Over the Next 5 Years Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are...

What Experts are Saying About the Current Housing Market

What Experts are Saying About the Current Housing Market

What Experts are Saying About the Current Housing Market We’re halfway through the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the experts predict for the second half of 2019. Here’s what some have to...

Salt Lake City Median House Prices

Salt Lake City Median House Prices

Wasatch Front median home prices bottomed in 2011, years after The Great Recession ended. Since then, home prices (all housing types) have been on the rise. The median price of Wasatch Front homes sold in the first quarter of this year was $308,000, 75 percent higher...

Pin It on Pinterest

Share This

Share This

Share this post with your friends!