Tuscany Hills, Paragon Cove, and 39 other MLS listings sold as of last Monday in southern Utah.
Southern Utah – 41 real estate listings totaling more than $12 million sold over the past seven days in southern Utah. Of those 41 sold listings – 29 spent less than 30 days on the MLS, according to the Washington County Board of Realtors (WCBR).
For the homebuyer that thought the St. George housing market couldn’t get any more frenzied, the very real prospect of increased mortgage rates should make you reconsider that position. After projecting more robust economic activity for the remainder of the year, the Federal Reserve ended March by raising its short-term interest rate and maintained its forecast for three additional rate hikes in 2018, according to USA Today.
Tuscany Hills, Paragon Cove, and Northbridge Estates: 41 Homes Sold Week of April 8
Washington County’s 41 closed escrows occured in the following southern Utah subdivisions over the past seven days: Anthem Estates, Arroyo at Siena Hills, Bella Vista at Stone Mountain, Bloomington Gardens, Bloomington Hills, Bluff View Townhomes, Bristol Park Townhomes, Cambridge Village Townhomes, Coral Ridge Townhomes, Cottages Self, Eagle Ridge, Gardens South Condos, Huntington at Stonebridge, Joshuas at Southgate, Kayenta Patio Home, The Legacy in Southgate, Meadow Valley Farms, Mesa Shadow, Mill Creek Springs, MonteVerde at Green Springs, Northbridge, Paragon Cove Townhomes, Hind View Estates, Pioneer Crossing, Royal Oaks, Santa Maria at Sunnybrook, Siena Heights, Sports Village, Spring Tree Gardens, Sun Valley Estates, Sunnydale Park Condo (3), Treasure Valley, Tuscany Hills, Valley View Heights, and The Villas at Siena Hills.
29 of last weeks 41 closed escrows spent less than 30 days on the MLS (multiple listing service). Taking slightly longer to be considered officially “sold,” 5 closed escrow in less than 60 days, 2 within 90 days, and another 3 took between 90 and 120 to close escrow. Leaving 2 listings that spent more 121 days on the WCBR MLS.
St. George Utah Real Estate Statistics for Week of April 8
For the week of April 8, 2018, the ‘Average Sold Price’ of a home in southern Utah was $315,761. The Median Sold Price for a home in southern Utah has been approximately $280,000 over the past seven days. As of last Monday, the Average, Median, and Low “Sold Price per Square Foot” ranged between $258 on the high side and $66 on the low side.
Top Five Sold St. George Real Estate Listings
- List Price: $1,039,900 – Sold Price: $1,031,606 – Days on Market: 112
- List Price: $779,900 – Sold Price: $755,000 – Days on Market: 47
- List Price: $659,000 – Sold Price: $650,000 – Days on Market 12
- List Price: $600,000 – Sold Price: $590,000 – Days on Market: 52
- List Price: $515,000 – Sold Price: $476,300 – Days on Market: 14
Per the WCBR’s FlexMLS System, last week’s top five real estate sales in Washington County A Total Value of $12,964,229 and took place in the following subdivisions: Meadow Valley Farms, Paragon Cove Townhomes at Stone Cliff, Northbridge at Green Springs, Tuscany Hills and Sun Valley Estates.
All photos provided by the Washington County Border Realtors, Flex MLS, and the listing Realtor. All information is deemed to be reliable but is not guaranteed. © 2018 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Sunday, April 8, 2018.