Tooele Condominium Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$134,900 |
| Average Condo Price
(Sold) |
$135,932 |
| Low Condo Price
(Sold) |
$94,000 |
| High Condo Price
(Sold) |
$245,000 |
| Number of Condos Sold |
24 |
| Average Days on Market Until Sold |
53 |
________________________________________________________
|
Demand
|
Tooele
condo demand has
fallen in 2009. Only
13 condos sold. It
took an average of
81 days to sell a
condo listed in the
Tooele market. |
|
Supply
|
The current supply
of condos listed on
the market for sale
in Tooele County
will take an
estimated 2 1/2
years to sell.
Currently there are
33 condos for sale.
|
|
Price
|
Condo prices have
slipped slightly in
Tooele. The average
condo price sold was
$129,308 for 2009.
Condo prices sold in
Tooele average
$54,092 less than
the state average. |
|
Conclusion
|
The Tooele condo
market favors
buyers. There is a
large supply of
condos for sale and
prices are low.
Tooelle sold 39% of
the condos within
Tooele County last
year. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 Tooele Condo
Market
________________________________________________________
Search for Tooele Condos
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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.com
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|
