Updating Home Sale Numbers in Tooele: July 2010 sales drifted down!

Tooele Utah Real Estate declined on the number of sold homes last month. According to Wasatch Front Regional MLS, 25 have been reported as sold last month. Last month’s home sales dropped 30.86 percent on its year over year change of sales from 36 sold homes last July 2009. A 34.21 percent decrease was noted for its monthly change of sales.

Tooele Utah Homes for Sale got a median sold price of $155,500 of which rose 7.91 percent from $143,199 of July 2009 and up from $146,500 of June 2010.The months of inventory went up to 12. 8 from 7.98 during June this year.

Recently, there are 320 actively listed residential homes for sale in Tooele Utah; up 21 from a month ago. The number of under contract properties reached 49 in the market. The sudden decline of home sale numbers in Tooele  probably brought by the effect of the just ended tax credit incentives of which home buyers were encouraged more to buy properties during Spring time rather than this starting season.