St. George Utah Real Estate Listings: New
St. George, Utah – it’s Wednesday morning November 5, 2014, and there have been 35 New Active Listings placed on the St. George Utah MLS Hot Sheet in the last 24 hours. Upon closer examination of today’s New Active Listings, we see 12 New Listings below $150,000, 17 properties between $159,900 and $308,454 and six new properties hitting the MLS between $340,000 and $559,000. Last but not least on today’s active side of the MLS Hot Sheet for Southern Utah, are 25 building lots (representing a total of 16.62-acres) in a subdivision known as Independent Point. This developer’s dream offers 25 fully improved lots with incredible views of the greater St. George area for $875,000.
St. George Utah Real Estate Listings: Pending
In the same 24-hour period, 16 Southern Utah listings received an acceptable Real Estate Purchase Contracts (REPC) on their properties listed for sale. Drilling down on these pending listings, we see six properties under $190,000 now under contract, five properties between $218,000 and $309,900 now in escrow, and four properties between $325,900 and $508,937 with an acceptable REPC. At the top of todays pending list we see a spectacularly appointed Foremaster Ridge home, listed at $1,295,000 headed into escrow.
St. George Utah Real Estate Listings: Sold
On the “Closed” side of today’s MLS sheet, there are 20 properties listed as having Closed Escrow – two of which puzzled me. Explaining the first 18 listings that make sense, we see 11 properties below $250,000 that have made it to their ultimate goal, and seven properties between $276,836 and $438,000 also successfully Closing Escrow. As to the two listings that left me perplexed, the first was listed at $229,000 on Bloomington drive and closed for an undisclosed amount – not unusual for developers who plan on fixing and flipping a property for a tidy little profit. The last property appears to be a serious typo … or someone seriously overpaid. In the Dixie Springs subdivision, a property listed at $250,000 – and according to the MLS – closed for $2,247,393. Though I suspect the actual closing price was actually closer to $224,739.
*Note: The Southern Utah MLS Hot Sheet is a living document that is updated by the FlexMLS system via the Washington County Board of realtors. As such, new data is constantly added and updated. So if the total number of active, pending or sold listings change its merely because the data has been updated.
Today’s Real Estate News in Summary: the 30-year fixed mortgage rate took a wild ride this week as the feds announced the ending of their stimulus program, baby boomers plan on staying put, and billionaire real estate baron Bill Erbey foreclosed on over 1,000 homes during the last fiscal quarter. That’s it for this Wednesday’s southern Utah MLS report.
“The true sign of intelligence is not knowledge … but imagination.” ~Albert EinsteinWill