St. George Utah MLS Hot Sheet And Market Statistics
St. George, Utah – its Wednesday, October 8, 2014 – Today’s St. George Utah MLS Hot Sheet has 52 listings on it. Of those 52 listings, 43 are new on the WCBR MLS, 8 have received an accepted REPC (real estate purchase contracts) and are now in a pending status (accepted contract – but not closed); leaving only one property that closed escrow yesterday.
Only eight days into the spookiest month of the year and 24 existing listings have already closed escrow, leaving an additional 23 listings in a pending status anxiously waiting their turn to close escrow.
Southern Utah MLS summary statistics at a glance: Absorption rate 6.95 – Average list price $361,544 – Median list price $269,000 – Average sales price $217,511 — Median sales price $189,450 – Average cumulative days on market (CDOM) 78 –
Median CDOM 42.
This time last year there were a total of 1199 listings for sale, this year there are 1384 — reflecting a 15 point percentage increase in listings, while the overall sold volume decreased from $48,834,008 to $44,763,115 – representing an approximate 8% drop.