St George Utah Real Estate Market Statistics | September 20, 2014
St. George, Utah – Before I go out on Saturday morning and tour the existing Open Houses, I make sure to do a little research – paying close attention to the number of listings available, the average list price versus the average sold price, the market’s current absorption rate in months, it’s sold to list ratio, the WCBR MLS inventory’s average days on market. As well as a few other summary statistics: like its absorption rate, average list price, median list price, average sale price, median sale price, and the average DOM (Days on market).
By comparing these data sets for the Greater St. George area, we see that the Southern Utah Real Estate Prices and Values have made a serious comeback since the low point of late 2011 — early 2012. At that historic low in 2012, the median price was approximately $190,000. Fast-forward two hectic years in the St. George Real Estate market and we see the average median price home listed on the MLS at approximately $265,000 … with a average median sale price of $203,000.