Tthe Greater Salt Lake County Absorbtion Rate as of March 1, 2011, including February 2011 home sales figures are as follows:

Active Listings 6,476
Homes sold in the past year  10,255
Homes currently pending (under contract)   1,340
Listings that expired in the past year 12358

New listings in the last 30 days   1,516
Homes sold in the last 30 days    579
Home pending (under contract) in the last 30 days  812
Listings that expired in the last 30 days   947

Salt Lake area Absorption Rate (months supply of homes) 11.2

The following is a snapshot of pre-foreclosure short sales:

Active short sale listings    1,745
Homes sold in the past year that were short sales    1,388
Short sale homes currently pending (under contract)  232
Short sale listings that expired in the past year   2,503

New short sale listings in the last 30 days  317
Short Sale homes sold in the last 30 days  102
SS sales pending (under contract) in the last 30 days  128
Short Sale istings that expired in the last 30 days 218

Salt Lake area Absorption Rate of short sales (months supply of homes) 17.1

Conclusions

26.9% of all Active Listings are Short Sales
13.5% of all Sales Last Year were Short Sales
20.3% of Short Sale Listings ended up Expired Last Year

20.9% of New Listings in Last 30 days are Short Sales
17.6% of all Listings Sold in the Last 30 Days were Short Sales
15.8% of all Pending Transactions (Under Contract) in Last 30 Days are Short Sales
23.0% of all Listings that Expired in the Last 30 days were Short Sales

The previous information was derived from the Wasatch Front Multiple Listing Service MLS