Over the past seven days, southern Utah Realtors sold (closed escrow) 35 homes in Washington County. From the Cottonwood Creek subdivision in Santa Clara to the Citadel in Ivins, Realtors with the Washington County Board closed nearly $12.5 million worth of real estate since last Monday.
It’s Monday, May 8, 2017, and compared to last week’s activity (60 sold), this week’s 35 closed escrows is a strong indication that summertime is upon us. Historically slower thanks to our warmer weather; the Washington County real estate market generally slows down between May and August.
Southern Utah Weekly Real Estate Statistics
Last week, of the 35 sold real estate listings, 24 sold in less than 30 days, 2 took less than 60 days, 3 sold in 90 days, and six took more than 121 days to eventually close escrow. The below graph indicates the ‘Average List Price’ of a home in greater St. George over the last seven days was $370,854. Meanwhile, the average ‘Sold Price’ during the same time period was $356,750. Also worth noting, the Median List Price of a home on the Washington County Board of realtors last week was $239,900 – or $142 per square foot.
Originally listed for $12,979,877, southern Utah’s Realtors collectively closed 35 escrows for $12,486,256, over the past seven days.
Top Five Sold Southern Utah Real Estate Listings
List Price: $1,750,000 – Sold Price: $1,500,000 – Days on Market: 187
List Price: $777,000 – Sold Price: $777,000 – Days on Market: 07
List Price: $849,900 – Sold Price: $750,000 – Days on Market: 02
List Price: $759,900 – Sold Price: $745,000 – Days on Market: 04
List Price: $650,000 – Sold Price: $620,000 – Days on Market: 154
Cottonwood Creek, Citadel, and Pheasant Meadow: Sold Southern Utah Real Estate
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, May 8, 2017