Enoch Subdivisions...Spanish Trails Market Update

By
Real Estate Agent with Keller Williams Legacy

In doing updates to my series of subdivisions in the Cedar City Real Estate Market, I realized that there are several great subdivisions that I had overlooked initially.  Spanish Trails is one such subdivision, it is in Enoch.  It is a mixed subdivision of “stick built” and manufactured homes.  The subdivision dates back to the late 1970’s but there are several new homes located there as well.

Spanish Trails homes are located on large lots, .4 of an acre and larger, and have historically been mostly starter homes although there are a few larger, custom styled homes.  There are animal rights available in Spanish Trails, so it isn’t uncommon to see homes with horses in the back yards. 

This is a subdivision that was hit pretty hard with the bursting housing bubble.  Many of the foreclosed homes have sold, but there are still a few remaining.  Some of the foreclosed homes were sold then torn down with new homes replacing the old homes.

There are currently 4 homes listed for sale in Spanish Trails, ranging in price from $85,000 to $175,000.  In the past year there have been 5 homes sell ranging in price from $43,000 to $125,000.  There is currently one building lot listed for sale at $37,900 for a .53 acre lot.

Market Update 3/8/2012:  There are currently 3 homes listed for sale in the Multiple Listing Service.  They range in price from $72,000 to $175,000.  In the past 12 months there have been 6 homes sell in the Spanish Trails Subdivision.  They ranged in price from $41,600 to $135,000.  There are currently 1 building lot listed for sale.  It is listed at $37,900 for .53 of an acre.

Spanish Trails is still one of the more active subdivisions in the Cedar City Real Estate Market.  This is still a great place to live, and you have room to stretch out and not have neighbors right on top of you.

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Home in Spanish Trails

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Another Home in Spanish Trails

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Manufactured Home in Spanish Trails

 

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Show All Comments
Rainmaker
391,565
Kristine Ginsberg
Morris County, NJ: Elite Staging and Redesign, LLC - Morris Plains, NJ
Morris County, NJ Stager

Toni & Darci - Cedar City has so many wonderful subdivisions and Spanish Trails looks like a great place to put down roots and raise a family!

Mar 08, 2012 11:40 AM #1
Rainer
283,116
Keith Gilkey
Re/Max Chesapeake - Elkton, MD
410-920-7214, Re/Max Chesapeake

Toni and Darcy, Very nice report and great prices for the on market properties. 

Mar 08, 2012 11:45 AM #2
Rainmaker
1,993,875
Roy Kelley
Retired Real Estate Broker, Maryland Blogger - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Home buyers and home sellers should love your subdivision reports.  

It is a wonderful time to purchase a home and take advantage of the very low mortgage interest rates.

Mar 08, 2012 05:00 PM #3
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Rainmaker
1,198,849

Tony & Darcy Cannon

The C Team
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