Real Estate Agent
Thursday, February 9th, 2012
Happy Valentine’s Day to each of you!
Here is January’s real estate market summary for Tooele and Salt Lake Counties.
Tooele County
January 1-31, 2012
Number of Homes Sold: 39
Average Sales Price: $162,230.44
Average Price Per Square Foot: $59.45
Average Days on Market: 173
Tooele County
January 1-31, 2011
Number of Homes Sold: 39
Average Sales Price: $150,722.18
Average Price Per Square Foot: $65.63
Average Days on Market: 105
The Tooele County Absorption Rate report shows we have approximately 5 months of inventory when you include sold and under contract listings together in the equation. If the under contract listings are included with the active listings, the absorption rate increases to about 11months of inventory.
Salt Lake County
January 1-31, 2012
Number of Homes Sold: 712
Average Sales Price: $205.826.96
Average Price Per Square Foot: $87.61
Average Days on Market: 133
Salt Lake County
January 1-31, 2011
Number of Homes Sold: 570
Average Sales Price: $236,020.61
Average Price Per Square Foot: $91.64
Average Days on Market: 146
The absorption rate for Salt Lake County is approximately approximately 3 1/2 months of inventory when you include sold and under contract listings together in the equation. If the under contract listings are included with the active listings, the absorption rate increases to about 7-8 months of inventory.
If you or anyone you know is having a hard time making their mortgage payment, give me a call to see what options you have! Being a CDPE I have the knowledge and skills to assist homebuyers in distress so that we can find the best possible solution to their situation. You may also visit my website at
www.UtahHomeownerHelp.com to view information and request reports to help your situation.
Don’t keep my a secret! If you have any other real estate needs or know someone who does, give me a call! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net.
Until next month!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: buy a home, home prices, housing prices, RE/MAX, salt lake county real estate market, Salt Lake Home Values, Sell a Tooele Home, tooele county homes, tooele real estate market, utah home sales, utah real estate market, Vicki Griffith, Vicki Powell
Posted in Buy a House, First Time Home Buyers, Homes, Homes for Sale, Housing Market, Real Estate, Real Estate Agent, Sell a House | No Comments »
Wednesday, November 9th, 2011
Good Afternoon Everyone,
Many of you have seen the newspaper articles that have stated that local real estate prices are still coming down, but the number of homes being sold has increased. October was no different. There were more sales in October of 2011 than in October of 2010, but with a lower average sales price. I don’t see this trend changing any time soon, and the mortgage interest rates are still amazingly low, so if you have ever wanted to invest in real estate, NOW IS THE TIME.
If you or someone you know is having a hard time making their mortgage payments, make sure you check out my website for people who need help deciding what options they have. Feel free to share it with anyone you know who it may help. It can be found at www.UtahHomeownerHelp.com . October’s market summary for Tooele and Salt Lake Counties can be found below.
Tooele County
October 1-31, 2011
Number of Homes Sold: 49
Average Sales Price: $149,973.06
Average Price Per Square Foot: $63.04
Average Days on Market: 145
Tooele County
October 1-31, 2010
Number of Homes Sold: 41
Average Sales Price: $171,582.73
Average Price Per Square Foot: $69.22
Average Days on Market: 156
The Tooele County Absorption Rate report shows we have approximately 5 months of inventory when you include sold and under contract listings together in the equation. If the under contract listings are included with the active listings, the absorption rate increases to about 9 months of inventory.
Salt Lake County
October 1-31, 2011
Number of Homes Sold: 969
Average Sales Price: $215,480.28
Average Price Per Square Foot: $89.42
Average Days on Market: 117
Salt Lake County
October 1-30, 2011
Number of Homes Sold: 737
Average Sales Price: $243,588.63
Average Price Per Square Foot: $100.57
Average Days on Market: 123
The absorption rate for Salt Lake County is approximately approximately 4 months of inventory when you include sold and under contract listings together in the equation. If the under contract listings are included with the active listings, the absorption rate increases to about 7 months of inventory.
Don’t keep me a secret! If you or any one you know is looking to buy or sell real estate, have them give me a call! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net.
Have a very Happy Thanksgiving!
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: buy a home, Buyers market, home prices, salt lake county real estate market, salt lake home sales, Salt Lake Home Values, Sell a Tooele Home, tooele county homes, tooele county real estate market, tooele home sales, utah home sales, utah real estate market, Vicki Griffith, Vicki Powell
Posted in Buy a House, Homes, Homes for Sale, Housing Market, Mortgages, Property Investment, Real Estate, Real Estate Agent | No Comments »
Tuesday, November 8th, 2011
Seems like every time we think things might be getting back to normal, the economy tosses us another curve.
If the mortgage payment that that felt feasible at the time you closed on your home is no longer manageable, you are in good company. In fact, current estimates are that 6.3 million homeowners are in some stage of foreclosure.
Please know that I am here to help you and anyone you care about with any homeownership challenges that you might be facing during these tough times. I cannot emphasize enough that foreclosure is NOT the only option.
As a real estate professional who has achieved the Certified Distressed Property Expert (CDPE) designation, I am tapped into major lenders and the latest options for avoiding foreclosure and helping homeowners to get a fresh start to their lives.
Please don’t hesitate to let me know how I can help.
Respectfully yours,
Andrea Cahoon, CDPE, CRS
RE/MAX Platinum
435-850-8167
adcahoon@wirelessbeehive.com
Tags: buy a home, CDPE, homeowner help, RE/MAX, salt lake county real estate market, salt lake home sales, Sell a Tooele Home, short sales, tooele county homes, tooele home sales, tooele home values, tooele real estate market
Posted in Homes for Sale, Housing Market, Mortgages, Real Estate Agent, Sell a House | No Comments »
Wednesday, January 6th, 2010
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
Posted in Buy a House, Homes, Homes for Sale, Housing Market, Real Estate, Real Estate Agent | No Comments »
Avg. Sales Price: 379,000
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