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Withdrawn – A valid listing agreement is in effect, however, the seller and listing broker have agreed to withdraw the listing from being marketed through the MLS.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Expired – The termination date of the listing agreement has passed, and a valid listing agreement for this listing is no longer in effect.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.
Early October is the Sweet Spot for Buyers
Early October is the Sweet Spot for Buyers Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today?...
As Home Equity Rises, So Does Your Wealth
As Home Equity Rises, So Does Your Wealth Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In...
Free Fall Selling Guide is Here! Get Yours!
Selling your home this fall? Free Fall Selling Guide is Here! Get Yours!
If You’re a Buyer, Is Offering Asking Price Enough?
If You’re a Buyer, Is Offering Asking Price Enough? In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the...
It’s Still a Sellers’ Market In Utah
It’s Still a Sellers’ Market Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of...
Is a 20% Down Payment Really Necessary To Purchase a Home?
Is a 20% Down Payment Really Necessary To Purchase a Home? There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from...
Market Stats for So Jo
South Jordan Market Update
Have You Ever Seen a Housing Market Like This?
Have You Ever Seen a Housing Market Like This? Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today's mortgage rates to escape rising rents and keep monthly...
Is the Number of Homes for Sale Finally Growing?
Is the Number of Homes for Sale Finally Growing? Salt Lake County Active Single Family on September 1st was at 820 Units as of September 16th up slightly to 887 Utah County September 1st was at 664 as of September 16th down to 651 An important metric in today’s...
Reasons You Should Consider Selling This Fall
Reasons You Should Consider Selling This Fall If you're trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers' market we're in today won't last forever. If you’re thinking of making a move, here are four...