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June 12, 2017 Washington County Utah Weekly Real Estate Report

Cobblestone, Cheyenne, and Castle Rock: 37 Listings Closed Last Week

Sold over the past seven days in Southern Utah, 37 single-family residential listings or condominiums/townhomes have successfully closed escrow in Washington County.

As is usual for this time of year in Southern Utah, the heat is up and our sales are down. Sold in less than 30 days by some of St. George’s knowledgeable Realtors, 22 of last week’s 37 closed escrow’s successfully completed their transaction within a month of listing the property.

Listed for $145 per sq ft and selling for $143 per sq ft, those homes falling within the Median price range spent an average Collective Days on Market (CDOM) of approximately 23 days. Meanwhile, those homes languishing at the High end of the price per square foot spectrum spent anywhere from 194 to 349 CDOM.

It’s Monday, June 12, 2017, and it’s time to create your Southern Utah Weekly Real Estate Report and a statistical summary.

Southern Utah Weekly Real Estate Statistics

 Real Estate Statistics for Washington County Week of June 5

Washington County Weekly Real Estate Statistics

While 22 of last week’s sold Southern Utah real estate listings received a REPC (Real Estate Purchase Contract), completed their contingency period (due diligence), and closed escrow within 30 days. Cognizant that perceived value matters, the remaining 15 Southern Utah real estate listings took significantly longer to find their respective buyer and close escrow: 9 sold b/t 31-60 days; 3 closed in under 90 days; 1 took up to 120 days, and 2 were on the WCBR (Washington County Board of Realtors) MLS (Multiple Listing System) for more than 6 months.

Selling $10,439,676 worth of prime Southern Utah real estate for $10,616,421 – 59.46% of last week’s closed escrows completed their transaction in less than 30 days.

Top Five Sold Southern Utah Real Estate Listings

  1. List Price: $479,000 – Sold Price: $472,000 – Days on Market: 04
  2. List Price: $239,900 – Sold Price: $462,000 – Days on Market: 29 (?)
  3. List Price: $499,000 – Sold Price: $445,000 – Days on Market: 34
  4. List Price: $325,000 – Sold Price: $425,000 – Days on Market: 194 (?)
  5. List Price: $425,000 – Sold Price: $420,000 – Days on Market: 31

Cobblestone, Cheyenne, and Castle Rock: 37 Listings Closed Last Week

June 12, 2017, Weekly Washington County Real Estate Report

Sold St. George Utah Subdivision

Last week’s 37-closed escrow occurred in the following Washington County subdivisions: Bluff View Townhomes, Cantera Cliffs, Castle Rock, Cheyenne Red cliffs, Cliff Rose, Cobblestone, Coral Canyon, Eagles Landing, English Oaks, Escalera, Green Valley, High Chaparral, Holt, Horizon West, Huntington Stonebridge, Pioneer Crossing, Red Cliffs Park, Ridge at St. George, Santa Maria At Sunbrook, Shady Lane, South Pointe, Springfield Townhome, Spring Tree Gardens, St. James Place, Sugarplum In the Fields, Sunriver St. George, and Terrah Dawn.

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.

(All photos provided by the WCBR, FlexMLS, and the listing Realtor)

* Information is deemed to be reliable but is not guaranteed. © 2016 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Monday, June 12, 2017

Washington County Utah real estate

Sold St. George Real Estate: SunRiver, SlickRock, Shadow Mountain, and more

Closing escrow on a total of 27 single-family residential and/or condominiums since last Monday in the greater St. George area, Southern Utah’s real estate market seems to be headed into an early hibernation for the 2016 holiday season.

It’s Monday, October 24 – as real estate remains the go to asset for high net worth individuals from coast-to-coast and the current APR for a 30-year fixed mortgage hovers around 3.38%, yesterday’s matchup between the University of Utah and UCLA ended with the Bruins losing, 52–45.

As weekly real estate transactions slowed to a seasonal crawl over the past seven days, according to the FlexMLS system and the Washington County Board of Realtors, last week’s top MLS sales – for properties listed as either a single family residential home or a townhome/condominium – closed escrow between $600,000 and $103,000. With the top 5 escrows closing between $600,000 – $421,805 and ten COE occurring between $415,000 – $267,000; leaving the remaining transactions closing between $263,000 – $103,000.

Comparing this month’s sales activity on a year-over-year basis to the same time last year, we see there were 1078 single-family residential listings in the greater St. George area as compared to this year’s 892 – representing a 17 point decrease. And, while the average sales price this time last year was $291,384 this year’s average sales price for the greater St. George area was $322,721 – representing a 10% increase in the average sales price of a St. George home.

sold_st-_george_real__estate

Sold St. George Real Estate

Top-Five Closed Escrows

List Price: $624,900 – Sold Price: $600,000 – Days on Market: 37

List Price: $550,000 – Sold Price: $542,611 – Days on Market: 14

List Price: $469,900 – Sold Price: $458,000 – Days on Market: 14

List Price: $429,900 – Sold Price: $429,900 – Days on Market: 192

List Price: $367,900 – Sold Price: $421,805 – Days on Market: 45

Washington County’s closed escrows for the prior week occurred in the following subdivisions: Bloomington Country Club, Bloomington Ranches, Cantera Cliffs, Cobblestone Fields, Copper Leaf Sienna, Coral Canyon, Desert Hills, Garden Court, Green Acres, Height West, The Legacy At Southgate, Ivins Vista, Mesa Shadow, Overlook Green Valley, Racing Hollow, Ridgeview, Shadow Mountain, Silverstone At Green Springs, Slick Rock, Sugarplum In the Fields, and SunRiver.

 sold St. George real estate

Sold St. George Real Estate: SunRiver, SlickRock, Shadow Mountain, and more

Sold St. George Real Estate: SunRiver, SlickRock, Shadow Mountain, and more

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

1

$600,000
3679 E Crimson Fairway Drive
Washington, UT 84780
Closed / 16-178207  

Status Change

624,900600,00010/21/201637157.56 / 151.29

2

$542,611
1366 W Silk Berry Drive
St George, UT 84790
Closed / 16-177549  

550,000542,61110/17/201614259.92 / 256.43

3

$458,000
397 W Pebble
Washington, UT 84780
Closed / 16-178420  

469,900458,00010/17/201614143.48 / 139.85

4

$424,900
1435 W Grapevine Drive
St George, UT 84790
Closed / 16-174772  

Status Change

424,900424,90010/18/2016192212.77 / 212.77

5

$421,805
468 W Cantera Court
Ivins, UT 84738
Closed / 16-175155  

Status Change

376,900421,80510/20/201645149.33 / 167.12

6

$415,000
1497 N 775 W
Washington, UT 84780
Closed / 16-177926  

Status Change

424,900415,00010/19/20168162.18 / 158.4

7

$343,000
1116 W SHADOW POINTE Drive
St George, UT 84770
Closed / 16-176757  

Status Change

348,000343,00010/20/20168390.16 / 88.86

8

$335,000
2683 Kenzies Way
Santa Clara, UT 84765
Closed / 16-179298  

Status Change

349,900335,00010/20/201622179.99 / 172.33

9

$334,000
3568 ROBBIN Court
Santa Clara, UT 84765
Closed / 16-177011  

Status Change

349,900334,00010/21/201675108.83 / 103.89

10

$300,000
1764 W 680 S
St George, UT 84770
Closed / 16-176966  

305,000300,00010/17/201681134.6 / 132.39

11

$289,900
4223 S Hamlet Hill
St George, UT 84790
Closed / 16-178931  

289,900289,90010/19/20162162.23 / 162.23

12

$283,000
723 E Flag Stone Drive
Washington, UT 84780
Closed / 16-179173  

285,000283,00010/17/20164141.16 / 140.17

13

$270,000
913 N Ocotillo Drive
Washington, UT 84780
Closed / 16-175447  

279,900270,00010/17/2016147144.95 / 139.82

14

$267,000
3556 E Hidden Springs
Washington, UT 84780
Closed / 16-177558  

279,900267,00010/17/201651148.49 / 141.64

15

$267,000
3641 S Desert Hills
St George, UT 84790
Closed / 16-178726  

274,900267,00010/17/20161148.19 / 143.94

16

$263,000
843 S 290 E
Ivins, UT 84738
Closed / 16-177805  

Status Change

270,000263,00010/21/201620138.39 / 134.8

17

$253,010
1006 E 3740 S
Washington, UT 84780
Closed / 16-175619  

Status Change

253,010253,01010/21/201648140.33 / 140.33

18

$249,000
373 S 100 W
Ivins, UT 84738
Closed / 16-178752  

Status Change

239,900249,00010/21/2016998.93 / 102.68

19

$247,950
1924 N 2320 WEST Circle
St George, UT 84770
Closed / 16-177927  

247,950247,95010/18/201615116.41 / 116.41

20

$243,500
149 S 2610 E
St George, UT 84790
Closed / 16-178822  

243,900243,50010/18/20167169.49 / 169.21

21

$215,000
433 W HARVEST Lane
Washington, UT 84780
Closed / 16-179381  

219,900215,00010/19/20165149.49 / 146.16

22

$200,000
957 Sir Monte Drive
St George, UT 84770
Closed / 16-177465  

209,000200,00010/17/201630151.89 / 145.35

23

$199,900
1474 N 1570 W
St George, UT 84770
Closed / 16-177452  

Status Change

199,900199,90010/18/201651148.85 / 148.85

24

$195,000
1330 W Indian Hills #1
St George, UT 84770
Closed / 16-178852  

Status Change

197,400195,00010/21/20167108.34 / 107.03

25

$172,250
1047 W BLOOMINGTON Drive S
St George, UT 84790
Closed / 16-178825  

Status Change

174,900172,25010/20/20169100.11 / 98.6

26

$167,500
385 W Brigham Road 1502
St George, UT 84790
Closed / 16-177497  

Status Change

167,900167,50010/19/201630131.17 / 130.86

27

$103,000
388 S 100 W #2
St George, UT 84770
Closed / 16-178700  

102,000103,00010/17/201616111.84 / 112.94

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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.

(All photos provided by the WCBR, FlexMLS, and the listing Realtor)

* Information is deemed to be reliable but is not guaranteed. © 2016 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Saturday, October 24