Southern Utah real estate listings sold in Kayenta and Entrada topped the list of last week’s 42 closed escrows. Officially “sold” once escrow is closed, last week’s 42 real estate sales totaled more than $15 million.
St. George Utah – By drilling down on the Flex MLS (multiple listing system) provided data, we see that 21 real estate listings spent less than 30 days on the MLS. And taking considerably longer, 7 listings closed escrow in less than 60 days, 8 took less than 90 days, and 1 took between 90 and 120 to close escrow. Leaving 5 Washington County real estate listings on the MLS for more than 121 days.
Washington County Sold Statistics
Between April 22-29, the Average List Price of a home sold in southern Utah was $369,861 while the Average Sold Price was $366,548. Meanwhile, the MLS statistics indicate the Median List Price for a home sold in southern Utah last week was $299,750 and the Sold Price was $305,997. A sweet spot of the southern Utah real estate market, those homebuyers competing for inventory within the Median price range could find themselves in a competitive situation.
The MLS real estate inventory for Washington County currently has 474 single-family residential listings classified as either a condominium/townhome or a single-family home. Constituting approximately 3.8 months of real estate inventory, these condo/townhome and freestanding homes range from $112,000 to $3.5 million.
Representing less than four months worth of real estate inventory, these condo/townhome and freestanding properties range from $112,000 to $3.5 million.
Kayenta, Entrada, and Eagle Summit: Realtors Closed 42 Escrows Last Week
Southern Utah’s top real estate sale occurred in the Kayenta subdivision during the week of April 21. Located in the city of Ivins, the home was originally listed for $889,000 and spent a total of three days on the MLS. While real estate sales typically slow as we head into the summer months, the last full week of April indicates this might be hyperactive summer for sales.
Top Five Sold St. George Real Estate Listings
- List Price: $889,000 – Sold Price: $889,000 – Days on Market: 03
- List Price: $889,400 – Sold Price: $880,000 – Days on Market: 08
- List Price: $849,500 – Sold Price: $830,000 – Days on Market 22
- List Price: $889,900 – Sold Price: $825,000 – Days on Market: 09
- List Price: $757,000 – Sold Price: $720,900 – Days on Market: 53
The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.
All photos provided by the Washington County Border Realtors, the Flex MLS System, and the listing Realtor. * Information is deemed to be reliable but is not guaranteed. © 2016 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS.com on Sunday, April 29, 2018.