2008 Tooele Home Sales Down 34%
Home sales were down a lot in Tooele compared to '07, but prices were only slightly down.
For 2008, home sales were down by 34% as 675 residential homes sold in Tooele County Utah compared with 1033 in 2007. Prices of homes sold was also down slightly as the median price dropped 3.5% to $183,275. The average price of homes sold dropped 2.5% from 2007's average of $203,063 to $197,998.
Currently there are 520 homes for sale in Tooele Utah. The median price of these homes is $215,000, average price is $239,876, and at 2008's sales rate, there is 9.24 months of inventory. It's a buyers market in Tooele, and the list prices of many of the homes for sale will need to come down if they want to sell. 2009 should be a better year for Tooele Utah Real Estate.These numbers are not official, but they'll be pretty accurate.
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