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Report -Grantsville Ut, Homes For Sale 6/01/08

There are 128 Grantsville Ut, Homes For Sale, as of the first day of June 2008.

This report is a "thumbnail sketch" as my friend Jay Thompson, The Phoenix Real Estate Guy would say, of what happened over the last 30 days with homes for sale in Tooele County. The statistics are gleaned from information published by the Wasatch Front Regional MLS. All commentary is provided by Group 1 or their agents and is meant only as opinion, and not legal  advise.

Homes for sale in Grantsville, Utah, is not all It covers. The report deals with the activity of homes/condominiums available for sale during the last 30 day period.  If you are a real faithful reader of this blog, you might even pick up on a trend or two in your local market. Thats why we report monthly, sometimes weekly. Whenever we think we have something of interest for our clients. .

 We'll show how many homes have been added to the Grantsville inventory, how many houses actually sold and closed during that 30 day period,  how many new home contracts have been written, and high, low, and median prices of those homes or condominiums.

You can also see what is happening in the Short Sale market, which some real investors use as a bell weather indicating the health of Real Estate in An area.

Since we are using statistics from the Wasatch Front MLS, this report may not include all of the Homes For Sale By Owner (FSBOs) as most of these homes are not listed on the MLS. Those houses that are listed, will be included.

A very large number of FSBOs are eventually sold by local Realtors.

The same is true of New Homes (new construction). Most builders employ agents to staff model homes and represent the builders interest in the home or condo purchase. These homes are rarely listed across the MLS. (see buying a new home). Examples of this are the New Homes in Benson Mill @ Stansbury Park, and most of the New Construction @ The Willows or Anderson Ranch in Grantsville Ut.

Total number of Grantsville Ut, Homes Listings:
Excluding most FSBOs and new construction, there are 128 homes for sale in Grantsville on 6/01/08.

Grantsville Ut, Homes Activity Last 30 Days:
During the last 30 days, Tooele Realtors listed 23 homes for sale in Grantsville
During that same time 9 homes  were sold and closed.
In May Tooele Realtors wrote 6 contracts for either a home or condo.
The prices of homes sold in Grantsville over the last 30 days range from $115,000 to a $365,000 Ranchette.
The median price of a pre owned Grantsville home was $255,000.

.Bank Owned, REOs, Foreclosures, Short Sales, And Homes needing Third Party Approval:
In Grantsville there are only 11 distressed properties, IE: Bank Owned, Foreclosures, short sales and homes that need approval from a lien holder to make a sale.
Three short sale or Bank Owned homes or condos have been added to the MLS, Homes for sale over the last 30 days.
One short sale or foreclosed Home was put under contract in Grantsville Ut.
During May, No distressed Houses or Condominiums were sold and closed in Grantsville.
Over the last 30 days, no single family home was  withdrawn from the market.

Comments:
With more than a years worth of product available for sale in Grantsville, we are looking at a buyers market that over the next few months could yield some great investment opportunities. Grantsville Ut, has maintained a rural atmosphere and is one of the few areas where large parcel ranchettes and smaller lot subdivisions exist side by side. Lifestyle and quality of life are watchwords in Grantsville.
Home buyers that look to some of the newer Grantsvile projects
for the family home, need to understand that total completion may be years off. Be sure to consult with someone familiar with the effect foreclosure or fire sale could have on your investment.  Be sure to watch for reports next week for homes for sale in Tooele City, and Stansbury Park.

You can access all 312 homes for sale in Tooele County by visiting our website @ Tooele Homes. You'll get pictures, prices, locations with maps and important information about the homes or condos for sale.

Looking for more Real Estate information, articles or tips on buying a home? Stop by Tooele Real Estate and explore what we think is the best resource in Tooele County

Thanks for being here, and thanks for your interest in the 128 Grantsville Ut,Homes For Sale  report!!

 

 

Published Tuesday, June 03, 2008 2:25 PM by Chris & Berna Sloan

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