19 June 2011

Stansbury Park Homes For Sale & Sold Houses: Market Report

This Market Report on Stansbury Park Homes For Sale & Sold Houses is a must read if you are searching for Homes or Condominiums For Sale in Stansbury Park Utah.

Pay attention to the listed inventory of houses, condos and townhomes for sale in this bedroom community of Salt Lake City. Two things of particular interest are DOM, (days on market), pricing trends, & percent of list price the home sold for.

If you are considering buying a home in Stansbury Park, these are stats you need to have.

These are statistics provided by the Wasatch Front Regional Listing Service (MLS) as of June 19th, that include listings from all the agents along the Wasatch Front.  They do not include homes for sale in Stansbury Park by FSBOs (for sale by owners) or many of the New Homes or Condos offered by builders in the area.

Stansbury Park Homes Listed For Sale

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HomePath

There are usually about 90 to 110 listed homes for sale in Stansbury Park Utah, priced between $$70,000 & $450,000.

Average price if all listings is about $207,000.

Square foot price of homes for sale is $80.00.

Currently there are 92 houses and condos listed.

15 of these listings are Condos @ an average price of $149,000.

21 listings in Stansbury are short sales at about $69.00 a FT.

Only 2 of these listings show up as Foreclosures. To see a more accurate picture of Foreclosed Homes here.

Homes Sold in Stansbury Park

This year a total of 46 listings have been sold. That is about 8 per month.

Sales in 2011 average about $2,000,000 per month.

Average price of each home or condo sold is about $215,000.

So far this month the sales price to listed price was 87%, the lowest ratio this year, the average being 91%.

The average days that property has sat on the market this year is 180 days.

Trends in Stansbury Park Home Sales

Home sales in Stansbury Park are down 13% from a year ago.

Price per home is down about 11% from this time last year.

At 91,6% of asking price, the sales ratio this year to last has remained the same.

Days on market has increased from 178 days to 180 days on Stansbury Park listings.

 

Conclusions About Home Sales In Stansbury Park

If you have time and Patience, offer on Pre-Foreclosed Houses as almost 23% of Stansbury Park Homes listed are Short Sales @ $69.00.

If you are offering on New Homes, have your agent use short sale comparisons to negotiate a more favorable deal.

Ninety per cent of list price is a good place to start your offering.

Since good agents price their listings according to market, don't think you are not getting a good deal @ list price.

Hire a good agent to represent you.

Now is a great time to be looking at Stansbury Park Homes For Sale. Sold Houses tell is the market is very soft, selection is good, and interest rates are better than they have ever been.

No matter whether you are looking to buy a New Construction Home or a house or Condo that has been owned before, now is a great time to buy.

To see all of the Stansbury Park Homes listed For Sale stop by our website @ Stansbury Listings.

If you have questions about Real Estate in Utah or are looking for advise about how to find the home you need, you can find lots of information @ Tooele County Homes.

Or give us a call @ 435-840-5029. We know a lot about Tooele County Real Estate and a lot about Stansbury Park Homes For Sale & Sold Houses and this Market Report.

 

 

 

 

 

 

 

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