Hello Everyone!
What a gorgeous spring day…finally! I just wanted to forward April of 2011′s market summary reports for Tooele and Salt Lake counties to you.
Tooele County
April 1-30, 2011
Number of Homes Sold: 58
Average Sales Price: $140,239.67
Average Price Per Square Foot: $64.94
Average Days on Market: 126
Tooele County
April 1-30, 2010
Number of Homes Sold: 81
Average Sales Price: $176,765.93
Average Price Per Square Foot: $74.28
Average Days on Market: 121
The Tooele County Absorption Rate report shows we have approximately 6 1/2 months of inventory.
Salt Lake County
April 1-30, 2011
Number of Homes Sold: 906
Average Sales Price: $219,901.91
Average Price Per Square Foot: $90.27
Average Days on Market: 133
Salt Lake County
April 1-30, 2010
Number of Homes Sold: 1,171
Average Sales Price: $234,951.38
Average Price Per Square Foot: $103.22
Average Days on Market: 121
The absorption rate for Salt Lake County is approximately 5months of inventory.
If you or any one you know is looking to buy or sell real estate, have them give me a call! Also if you know of anyone having trouble making their house payments, please call me. There are many options available, and I would be happy to help you or your friend work through the tough times that they are facing so foreclosure can be avoided! If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net. Enjoy the beautiful weather!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
P.S. You can view this market summary report, and others from past months at my blog located at http://inside-real-estate.com/andreacahoon/ . Interest rates are slowly rising so if you wish to refinance or purchase, now is the time!
Avg. Sales Price: 379,000
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