For the week of May 29, 2017 – Realtors on the Washington County Board sold 54 real estate listings worth more than $16 million.
Sold in subdivisions throughout the greater St. George area, the majority of last week’s closed escrows (COE) occurred in less than 35 days. Selling for between $160 per square foot and $260 per square foot, our out of area buyers are continuing to see the intrinsic value of the southern Utah lifestyle.
It’s Monday, June 5, 2017, which means it must be time for your weekly Southern Utah Real Estate Report.
Southern Utah Weekly Real Estate Statistics
Of those Southern Utah real estate listings sold since May 29, 33 received a REPC (real estate purchase contract), completed their contingency period, and closed escrow within 30 days. Keeping in mind that getting a quick offer on a new listing is all about the price per square foot, and the perceived value related to it, the remaining 21 listings took significantly longer to find their respective buyer and close escrow: Six COE b/t 31-60 days; four closed in under 90 days; three took up to 120 days, and eight were on the MLS for more than 6 months.
Selling $16,845,166 worth of prime Southern Utah real estate for $16,563,487 – 61% of last week’s closed escrows completed their transaction in less than 30 days.
Top Five Sold Southern Utah Real Estate Listings
- List Price: $875,000 – Sold Price: $820,000 – Days on Market: 47
- List Price: $636,900 – Sold Price: $633,400 – Days on Market: 106
- List Price: $699,900 – Sold Price: $630,000 – Days on Market: 67
- List Price: $599,900 – Sold Price: $610,000 – Days on Market: 03
- List Price: $599,000 – Sold Price: $592,000 – Days on Market: 129
54 Real Estate Listings Sold in St. George
View full list of sold Southern Utah real estate listings between May 29 and June 5, 2017.
Sold St. George Utah Subdivisions
Last week’s sales occurred in the following St. George Utah Subdivisions: Black Rock Condos, Bloomington Hills, Bloomington Knowles Townhomes, Boulder Springs Villas, Buhler Estates, Cantera Estates, Chapel Lane Estates, Copper Canyon, Coral Canyon, Coral Ridge Townhomes, Cottage Fossil Hill, Crown Point, Desert Meadows, Eagle Rock, Foxcove, Greystone Estates, Hidden Cove condos, The Highlands, Huntington at Stonebridge, Kachina Springs, Kings Row Estates, Lakota Ridge, The Ledges at St. George, Millcreek Spring Townhomes, Morningside Estates, Oasis Leisure, Paiute Springs Entrada, Pioneer Crossing, Point West Estates, Quail Cove, Red Rock townhomes, Reserved at Green Springs, Ridge Pointe, Rio Virgin, River Crest Townhomes, Riverside Cliffs, Riverside Heights, Santa Clara Heights, Shadow Creek, and Sugarplum In the Fields.
The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George and its surrounding communities. Specializing in Southern Utah luxury real estate, new construction, gated communities and southern Utah’s many golf communities.
(All photos provided by the WCBR, FlexMLS, and the listing Realtor)
* Information is deemed to be reliable but is not guaranteed. © 2016 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Monday, June 5, 2017