Southern Utah Weekly Sales Report: January 4 – 11

Since last Monday, 36 single-family residential real estate listings and/or condominium/townhomes successfully closed escrow in Washington County. These most recent sales occurred between January 4 and January 11, according to the FlexMLS Southern Utah Weekly Sales Report.

As Realtor.com (a byproduct of the National Association of Realtors) continues to report the country’s real estate market will return to normal during 2016:

Next year’s moderate gains in existing prices and sales, versus the accelerated growth we’ve seen in previous years, indicate that we are entering a normal, but healthy housing market,” said Jonathan Smoke, chief economist for realtor.com®.”

But, what is normal?

NAR is also pointing to the millennial generation, those between 25 and 34, as a dominant buying force going forward. In addition to any millennial activity, NAR is also predicting a surge in overall real estate activity from both the Baby Boomers and Gen Xers during 2016. Noting that, as Boomers and Xers are already property owners, their activity will create a greater synergy within the regional markets.

Chief economist Smoke also noted, ” Next year’s standout year in total sales will be driven by three distinct segments of home buyers – older millennials (25-34 years old), younger gen X’ers (35-44 years old), and retirees (65-74 years old).”

As to the recent sales activity in the greater St. George area over the past seven days, we see three homes closing escrow for over $420,000; 10 homes closing escrow between $386,900 – $295,964; eight homes between $285,712 – $205,000 and 15 homes between $197,975 – $80,000. Strongly demonstrating that our most active market sector resides in the $200,000 – $400,000 realm. For those looking for slightly greater detail on the most recent sales in the greater St. George area, the below list outlines the individual properties original list price, it’s recorded sales price, the total days on market, and the property’s list price per square foot compared to its sold price per square foot. All critical data for anyone looking to make an informed decision when purchasing a home in southern Utah.

Southern Utah Weekly Sales Report: January 4 – 11

Top 5 Sales:

  • List Price: $675,000 – Sold Price: $640,000    – Days on Market: 1
  • List Price: $645,000 – Sold Price: $600,000    – Days on Market: 1
  • List Price: $428,000 – Sold Price: $420,000    – Days on Market: 30
  • List Price: $386,900 – Sold Price: $$386,900   – Days on Market: 60
  • List Price: $$376,900 – Sold Price: $$369,000 – Days on Market: 231

The past weeks real estate sales occurred in the following subdivisions/city: Sunset Cove – St. George, Paragon Cove At Stone Cliff – St. George, Bloomington Ranches –St. George, Sycamore – St. George, Tenaya Sands – Ivins, Riverstone – St. George, Sunriver – St. George, Dixie Country Ln., Estates – St. George, La Jolla Hills – Washington, Sycamore – St. George, Parkview – Hurricane, Dixie Springs – Hurricane, Oakwood Estates – St. George, Primrose point – St. George, Dammeron Valley, Sage Point – Hurricane, Southwood Meadows – St. George, Sky Mountain Golf Estates – Hurricane, Black Rock Condominiums – St. George, Sunriver – St. George, English Oaks Estates – Washington, Zion View Estates – La Verkin, Red Mountain Townhomes – Ivins, Millcreek Spring Townhomes – Washington, Red Hills Townhomes – St. George, Santa Fe Hills – Hurricane, Las Palmas Resort – St. George, and Buena Vista – Washington.

Price | Status | MLS #List PriceSold PriceSold DateDays On MarketList/Sold Price Sqft

1

$640,000
1007 Mulberry
St George, UT 84790
Closed / 15-171254  

675,000640,00001/05/20161173.79 / 164.78

2

$600,000
1735 S PARAGON Drive
St George, UT 84790
Closed / 16-172149  

645,000600,00001/04/20161290.67 / 270.39

3

$420,000
589 Los Alamitos
St George, UT 84790
Closed / 15-170808  

Status Change

428,000420,00001/06/201630107 / 105

4

$386,900
2676 E 3800 S
St George, UT 84790
Closed / 15-168974  

Status Change

386,900386,90001/07/201660128.97 / 128.97

5

$369,000
453 W ITHICA Drive
Ivins, UT 84738
Closed / 15-164311  

376,900369,00001/04/2016231150.46 / 147.31

6

$352,933
970 W LAS COLINAS Drive
St George, UT 84790
Closed / 16-172124  

350,500352,93301/05/201616161.89 / 163.02

7

$350,000
587 RIDGECREST Circle
St George, UT 84770
Closed / 15-165705  

Status Change

369,900350,00001/04/2016211101.73 / 96.26

8

$348,400
5004 BONITA BAY Drive
St George, UT 84790
Closed / 15-171048  

349,900348,40001/04/20169185.92 / 185.12

9

$347,000
74 W DIXIE COUNTRY Lane
Washington, UT 84780
Closed / 15-169734  

Status Change

359,000347,00001/05/201671149.83 / 144.82

10

$343,500
1361 W Red Butte
Washington, UT 84780
Closed / 15-170083  

Status Change

349,900343,50001/09/201632142.93 / 140.32

11

$339,571
2726 E Auburn Drive
St George, UT 84790
Closed / 15-171832  

Status Change

339,571339,57101/06/20161104.13 / 104.13

12

$329,900
3407 W 400 North
Hurricane, UT 84737
Closed / 15-163379  

Status Change

329,900329,90001/06/2016270100.92 / 100.92

13

$295,964
3226 S 3020 E
St George, UT 84790
Closed / 16-172198  

295,500295,96401/06/201637146.87 / 147.1

14

$285,712
Lot 92 Plat D
Hurricane, UT 84737
Closed / 15-168713  

Status Change

266,000285,71201/07/20162148.69 / 159.7

15

$284,900
161 N ACANTILADO Drive
St George, UT 84790
Closed / 15-170356  

279,900284,90001/05/201619138.43 / 140.9

16

$270,000
2025 Dammeron Valley Drive E
Dammeron Valley, UT 84783
Closed / 15-167936  

265,000270,00001/05/201623147.22 / 150

17

$235,000
1080 N MAIN Street
Hurricane, UT 84737
Closed / 15-168980  

Status Change

239,900235,00001/07/2016136133.2 / 130.48

18

$219,000
2846 E 410 N
St George, UT 84790
Closed / 15-171298  

Status Change

225,000219,00001/08/201625151.92 / 147.87

19

$213,900
1002 S 1240 W
St George, UT 84770
Closed / 15-171584  

Status Change

215,900213,90001/08/20164108.44 / 107.43

20

$205,000
1005 N 2500 W
Hurricane, UT 84737
Closed / 15-170797  

219,900205,00001/05/201670135.07 / 125.92

21

$205,000
225 N Country #95
St George, UT 84770
Closed / 15-167530  

Status Change

219,900205,00001/08/2016148144.96 / 135.14

22

$197,975
4169 S Datura Drive
St George, UT 84790
Closed / 15-171162  

204,900197,97501/04/201616182.13 / 175.98

23

$184,900
320 N WINDSOR Drive #27
Washington, UT 84780
Closed / 15-171232  

189,900184,90001/04/20167100.69 / 98.04

24

$184,500
1287 W Shadow Point #13
St George, UT 84770
Closed / 15-168902  

192,800184,50001/04/2016138117.13 / 112.09

25

$180,500
310 N. Windsor Dr.
Washington, UT 84780
Closed / 15-169870  

185,000180,50001/04/201683126.97 / 123.88

26

$167,900
126 E 645 N
La Verkin, UT 84745
Closed / 15-170893  

169,999167,90001/04/201627124.91 / 123.37

27

$162,900
4564 N GOLD DUST TRAIL Street
Enoch, UT 84721
Closed / 15-166166  

Status Change

162,900162,90001/06/2016177132.22 / 132.22

28

$161,350
318 E 740 S
Ivins, UT 84738
Closed / 15-171305  

Status Change

154,900161,35001/05/20164136.96 / 142.66

29

$141,900
370 W Buena Vista Boulevard #71
Washington, UT 84780
Closed / 15-166623  

141,900141,90001/05/2016125108.07 / 108.07

30

$140,500
75 E 300 N 2
St George, UT 84770
Closed / 15-171542  

Status Change

146,900140,50001/07/20169112.14 / 107.25

31

$135,250
109 S 1930 W
Hurricane, UT 84737
Closed / 15-170574  

Status Change

139,900135,25001/06/201628139.9 / 135.25

32

$129,900
1845 W Canyon View Drive #114
St George, UT 84770
Closed / 15-169469  

136,900129,90001/04/201686181.08 / 171.83

33

$117,500
238 Saguaro Drive
Washington, UT 84780
Closed / 15-171582  

129,900117,50001/04/20161123.01 / 111.27

34

$95,000
1845 W Canyon View Drive W #308
St George, UT 84770
Closed / 15-172086  

Status Change

100,00095,00001/08/20166198.41 / 188.49

35

$85,000
140 E 400 S
Cedar City, UT 84720
Closed / 15-170787  

Status Change

85,00085,00001/04/2016635.28 / 35.28

36

$80,000
53 Pioneer Way
Harrisburg, UT 84737
Closed / 15-171720  

80,00080,00001/04/20164101.91 / 101.91

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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.

*Information is deemed to be reliable, but is not guaranteed. © 2015 435MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Monday, January 11, 2016 4:20 AM.