Southern Utah Real Estate Market Condition
Southern Utah Real Estate Market Condition

Southern Utah Real Estate Market Condition

  

Market Report for 9/1/2012 – 8/31/2014 

The dog days of St. George’s real estate summer have mercifully ended. After experiencing an overall decline in sold single-family residential listings from July’s high of 311 listings sold, to August’s anemic 223 close of escrow’s for the month of July – the Washington County Board of realtors MLS system currently maintains approximately 8.8 months worth of existing inventory. While that seems like a fair amount, the ever popular sub $300,000 range has been greatly diminished. Leaving the slightly more expensive homes looking for that perfect buyer.

Historically, we can expect to see a bit of an uptick in both listing and sales activity as the kids go back to school, and the empty nesters come out to play. With Southern Utah’s real estate activity peeking just before the market goes into its predictable holiday slumber. Read More Below…

Southern Utah Real Estate Market Condition Blogs

SUHPI: Southern Utah Home Price Index – May 2015

St. George, Utah – its Wednesday June 3, 2015, and the Southern Utah Home Price Index (SUHPI) for May 2015 increased by 7.99% from the same time last year, according to the Washington County Board of Realtors MLS system. Washington County’s housing affordability remains steady: While Utah’s overall median home value remained affordable at $209,300, […]

SUHPI: Southern Utah Home Price Index – March 2015

St. George, Utah – its Monday, March 2, 2015, and the Southern Utah Home Price Index (SUHPI) has decreased by 6.48% from this time last year, according to the Washington County Board of Realtors MLS data. Southern Utah’s Housing Affordability Is Up: While the great State of Utah’s overall median home value remained affordable at […]

2015 Washington County Economic Summit: Real Estate Market Conditions

2015 Washington County Economic Summit:  Real Estate Market Conditions St. George, Utah – it’s Friday morning January 16, 2015 and yesterday’s 2015 Washington County Economic Summit was a smashing success. While winter has arrived in southern Utah with a vengeance, Southern Utah’s economy continues to heat up heading into 2015. As many expect commercial real […]