01 August 2008

Real Estate Information- Homes For Sale In Tooele !!!

This Real Estate Report about homes for sale in Tooele, is actually a snapshot of home sales activity in Tooele, Stansbury Park, Erda, and Grantsville Utah, which represents over 95% of the homes for sale in Tooele County.

These statistics are provided by the Wasatch Front Regional Multiple Listing Service, (MLS) and are as accurate as the information supplied by local Realtors. Any comment or opinion expressed is just that, an opinion, and should not be taken as legal or accounting advise.

You wont find many homes for sale by owner (FSBO) included in these numbers, as few home sellers put their homes on the MLS. It is important to mention however that a majority of buyers of these houses that sell are furnished by local Realtors.

The same is true of New Homes. Most builders do not list new construction homes but rather employ in house sales reps to sit Model Homes, and promote the builders agenda. Good examples of this are the Town Homes @ Bensons Mill by Ivory Homes, and the Model Home complex of Richmond American Homes in Stansbury Park.

To understand how that might influence your new home search, visit FREE AGENT before you begin looking for a home to buy.

So.... Heres what happened last month in Tooele Real estate.

Currently there are 596 homes/condominiums for sale in Tooele County.

Last month 54 homes were sold in Tooele County.

Thats down 33% from a year ago. (10% from last month)

Average price $215,228, up 6.5% from last year.

Average home size was up almost 14% to 2427 sq ft.

Cost per sq ft was down almost $6 to $89 in July of 08.

New listings last month averaged $236,131 on 162 houses for sale.

Average days on market went from 39 DOM a year ago to 104 DOM.

FHA & VA financing accounted for over 57 % of home mortgages in July.

We hope this information has been helpful in your home search. If you would like to discuss any of these points and debate what they mean, give us a call at 435-840-5029.

To be able to look at all the homes for sale in Tooele, Stansbury Park, Erda, and Grantsville Utah. click on . Tooele homes. You'll get pictures, prices, maps and the same kind of information your Realtor gets. In other words, Real Estate Information on Homes for Sale In Tooele.

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