Posts Tagged ‘tooele home values’
Wednesday, October 13th, 2010
Good Afternoon Everyone!
Fall and footballs are in there air! What a beautiful time of year in Utah. I remember my first fall here when I had to do a double take when the mountain started turning red. Being from Washington State, most of our trees were evergreens and did not do that! Here is the real estate market summary reports for Tooele and Salt Lake Counties for September. Again, for reference I am including last year’s numbers as well so you can compare them to this years.
Tooele County
September 1-30, 2010
Number of Homes Sold: 52
Average Sales Price: $151,250
Average Price Per Square Foot: $69.53
Average Days on Market: 128
Tooele County
September 1-30, 2009
Number of Homes Sold: 67
Average Sales Price: $188,835
Average Price Per Square Foot: $77.12
Average Days on Market: 121
Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
Salt Lake County
September 1-30, 2010
Number of Homes Sold: 695
Average Sales Price: $256,245
Average Price Per Square Foot: $101.31
Average Days on Market: 124
Salt Lake County
September 1-30, 2009
Number of Homes Sold: 969
Average Sales Price: $238,429
Average Price Per Square Foot: $109.88
Average Days on Market: 121
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. THANK YOU!
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
Tags: home prices, Salt Lake Home Values, 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, Sell a House | No Comments »
Monday, August 9th, 2010
Happy August!
As I prepared the latest real estate market summaries to send out to you, I couldn’t help but think that since the federal tax credits have ended the market is now trying to make a real recovery, which is going to take a bit of time. The real estate market has been sustained by these tax credits over the past couple of years so it hasn’t had to make its own recovery. Now it is doing so, so the market is taking longer to stabilize than those in the industry had hoped.
I hope that the industry will stabilize quickly and turn around so that homeowners everywhere can maintain the equity in their homes. However, the declining prices makes good news for buyers as home prices continue to decrease, becoming more affordable, and the mortgage interest rates have been at historic lows. I have heard of people locking interest rates at 4.25% for a 30 year fixed loan in the last little while.
Only time will tell how long the market recovery will take. Here are the July market summaries:
Tooele County
July 1-31, 2010
Number of Homes Sold: 49
Average Sales Price: $184,801.43
Average Price Per Square Foot: $75.67
Average Days on Market: 142
Tooele County
July 1-31, 2009
Number of Homes Sold: 65
Average Sales Price: $171,378.26
Average Price Per Square Foot: $75.23
Average Days on Market: 118
Salt Lake County
July 1-31, 2010
Number of Homes Sold: 672
Average Sales Price: $262,291.96
Average Price Per Square Foot: $99.51
Average Days on Market: 115
Salt Lake County
July 1-31, 2009
Number of Homes Sold: 1112
Average Sales Price: $257,535.25
Average Price Per Square Foot: $101.55
Average Days on Market: 125
If any of you have any questions about this report or any other real estate issues, give me a call! I would be happy to help! Let me know if a move is in your future or any of your friends and family’s future and I would love to help get you on your way! Enjoy the last days of summer before school starts and the days get shorter and cooler!
Andrea Cahoon, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: Buyers market, housing prices, Salt Lake Home Values, tooele home sales, tooele home values, tooele real estate market, utah home sales
Posted in Uncategorized | No Comments »
Monday, July 12th, 2010
Hello Everyone!
Summer is finally here! I hope you are all enjoying the beautiful sunshine, yummy watermelon and corn on the cob, and fireworks! Here is June’s real estate market summary for Tooele and Salt Lake counties. I apologize for them being out later than usual, but I just got back from Girl’s Camp and a family reunion which kept me hoppin all of last week, so now I am playing catch up. Here is the report:
Tooele County
June 1-30, 2010
Number of Homes Sold: 72
Average Sales Price: $173,592.21
Average Price Per Square Foot: $72.97
Average Days on Market: 111
Tooele County
June 1-30, 2009
Number of Homes Sold: 75
Average Sales Price: $185,073.16
Average Price Per Square Foot: $86.08
Average Days on Market: 123
Salt Lake County
June 1-30, 2010
Number of Homes Sold: 999
Average Sales Price: $256,302.10
Average Price Per Square Foot: $103.82
Average Days on Market: 116
Salt Lake County
June 1-30, 2009
Number of Homes Sold: 1232
Average Sales Price: $260,445.83
Average Price Per Square Foot: $111.79
Average Days on Market: 126
If any of you have any questions about this report or any other real estate issues, give me a call! I would be happy to help! Mortgage rates seem to still be about where they have been lately, so it is still a great time to buy or refinance! Let me know if a move is in your future or any of your friends and family’s future and I would love to help get you on your way! Have a happy and safe July!
Andrea Cahoon, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
Tags: housing prices, salt lake county real estate market, tooele county homes, tooele county real estate market, tooele home sales, tooele home values, utah home sales
Posted in Buy a House, Homes, Homes for Sale, Housing Market, Real Estate, Sell a House | No Comments »
Thursday, March 4th, 2010
Hello to All of You!
February was short and fast! I hope you all are gearing up for SPRING! I know I am. The market seems to still be stabilizing so the average sales prices are still down from a year a go. There may be some discrepancy in reporting capabilities and numbers as a brand new Multiple Listing Service (MLS) went on line at the end of February. Hopefully as the weather warms, so will the market! Here is the information for February:
Tooele County
February 1-28, 2010
Number of Homes Sold: 31
Average Sales Price: $164,712
Average Price Per Square Foot: $63.83
Average Days on Market: 142
Tooele County
February 1-28, 2009
Number of Homes Sold: 33
Average Sales Price: $183,449
Average Price Per Square Foot: $80.10
Average Days on Market: 120
Salt Lake County
February 1-28, 2010
Number of Homes Sold: 574
Average Sales Price: $247,638
Average Price Per Square Foot: $99
Average Days on Market: 125
Salt Lake County
February 1-28, 2009
Number of Homes Sold: 599
Average Sales Price: $264,139
Average Price Per Square Foot: $103
Average Days on Market: 139
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with! If you do not wish to receive these e-mails, please send an opt-out message to
andreacahoon@remax.net. THANK YOU!
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
435-850-8167
Tags: home prices, Salt Lake Home Values, Sell a Tooele Home, tooele home sales, tooele home values, tooele real estate market, utah home sales
Posted in Homes for Sale, Housing Market | No Comments »
Tuesday, February 9th, 2010
Happy Valentine’s Day!
We are still seeing a market stabilization taking place in the Tooele and Salt Lake county markets. Though the numbers show things are still down from last year, the don’t seem to be going down much from the previous month. As the weather begins to improve, I believe our market will too! Here is the information from last month’s real estate transactions:
Tooele County:
January 1- 31, 2010
Number of Homes Sold: 35
Average Sales Price: $163,801
Average Price per Square Foot: $68
Average Days on Market: 85
January 1- 31, 2009
Number of Homes Sold: 37
Average Sales Price: $173,773
Average Price per Square Foot: $81
Average Days on Market: 83
Salt Lake County
January 1- 31, 2010
Number of Homes Sold: 493
Average Sales Price: $263,969
Average Price per Square Foot: $101
Average Days on Market: 88
January 1- 31, 2009
Number of Homes Sold: 444
Average Sales Price: $270,296
Average Price per Square Foot: $103
Average Days on Market: 83
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. 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.
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
435-850-8167
Tags: home prices, tooele home sales, tooele home values, tooele real estate market
Posted in Buy a House, Housing Market, 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 »
Monday, December 7th, 2009
Hello Friends!
Merry Christmas to each of you! I was happily surprised when I pulled up November’s market reports. Things seem to be looking up in our neck of the woods! Here is November’s report for your use.
Tooele County:
November 1-30, 2009
Number of Homes Sold: 57
Average Sales Price: $207,563
Average Price per Square Foot: $82
Average Days on Market: 86
November 1-30, 2008
Number of Homes Sold: 35
Average Sales Price: $181,026
Average Price per Square Foot: $81
Average Days on Market: 70
Salt Lake County:
November 1-30, 2009
Number of Homes Sold: 1023
Average Sales Price: $233,137
Average Price per Square Foot: $101
Average Days on Market: 77
November 1-30, 2008
Number of Homes Sold: 596
Average Sales Price: $261,403
Average Price per Square Foot: $107
Average Days on Market: 73
I hope all of you can bundle up and stay close to the fire during these long, cold, winter nights! Spring is just around the corner!!! 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. Let me know if you, your friends, or family need assistance in buying or selling property! I would love to help them out! HAVE A VERY MERRY CHRISTMAS and HAPPY NEW YEAR!
Andreaw Cahoon, CRS, TCRES
RE/MAX Platinum
435-850-8167
P.S. I received loan rate information today that showed that rates are back down around 4 7/8% for a 30-year fixed rate mortage. It is a great time to buy a home or refinance your loan!
Tags: Add new tag, buy a home, Buyers market, Salt Lake Home Values, tooele home sales, tooele home values, tooele real estate market
Posted in Buy a House, Housing Market, Real Estate | No Comments »
Monday, November 9th, 2009
An article was recently brought to my attention that touted Tooele, Utah, as one of the top 25 cities and towns that best express our national values. This article was published in the May 2009 issue of Newsmax. The list was compiled by Peter Breenberg, author of numerous New York Times best-selling books about travel and the travel editor of NBC’s Today show. Tooele was listed as #23 because of its low property taxes and job growth from 2000-2007. It reported that “job growth was 123.5% compared with a national average of about 16 percent.”
The article continued that despite the huge job growth rate, the population remains around 29,000 people so it maintains its Americana feel. I submit that Tooele is also an attractive place to raise a family as homes are typically $20,000-$30,000 less than comparable homes in the Salt Lake Valley which makes them more affordable for young families. Contrary to the belief of some, Tooele is a short 30 minute drive from Salt Lake City, and the traffic is not near as heavy as you travel! If you are looking to find a home for your family, give me a call!
Tags: buy a home, tooele home values, tooele land values, tooele real estate market
Posted in Buy a House, First Time Home Buyers, Real Estate | No Comments »