Happy New Year to Each of You!
The past year the market has been edging downward, but we are beginning to see some promising statistics for Tooele and Salt Lake Counties. Typically the State of Utah lags behind what the national housing market does, and Tooele County lags behind what Salt Lake County does. As we have been hearing positive reports coming from across the country, I am very optimistic for this year! We are beginning to see signs of life returning to our markets! This is great for sellers, but not as good for buyers. Here is the information from last month’s real estate transactions:
Tooele County:
December 1- 31, 2009
Number of Homes Sold: 53
Average Sales Price: $164,216
Average Price per Square Foot: $76
Average Days on Market: 109
December 1- 31, 2008
Number of Homes Sold: 35
Average Sales Price: $194,401
Average Price per Square Foot: $79
Average Days on Market: 81
Salt Lake County
December 1- 31, 2009
Number of Homes Sold: 788
Average Sales Price: $249,165
Average Price per Square Foot: $97
Average Days on Market: 79
December 1- 31, 2008
Number of Homes Sold: 719
Average Sales Price: $259,189
Average Price per Square Foot: $104
Average Days on Market: 76
If you have any suggestions for information that you would like to see added to this summary, please send them my way at andreacahoon@remax.net . You may also visit my blog at http://inside-real-estate.com/andreacahoon for old market summaries, and new information. I appreciate all of your support and business this past year. It has been a great year! If any of you need assistance with your real estate transactions, please give me a call and I would be happy to help you. As always, if you do not wish to receive these monthly reports, please e-mail an opt-out message to andreacahoon@remax.net and I will remove you from my e-mail list. I hope you and yours all enjoy a great 2010!
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
435-850-8167
Tags: Add new tag, Buyers market, home prices, tooele home sales, tooele home values, tooele real estate market, utah home sales
Avg. Sales Price: 379,000
Free Market Alerts 
