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May 2018 Sales Satistics: St. George Realtors Sell 372 Homes

Sales statistics from the Washington County Board of Realtors indicate May 2018 was another strong month for home sales in southern Utah.

Classified as either a townhome / condominium or a single-family residential home, 214 of last month’s 372 closed escrow’s occurred less than 30 days.

St. George Utah –   Between May 1 and May 31, 2018, Realtors with the Washington County Board successfully closed escrow on just over $135 million in real estate transactions.

With no attention paid to vacant lots and land, commercial, manufactured housing and fractional ownership transactions, May’s statistics provided by Flex MLS indicates the top sale in the last 30 days occurred in Entrada for $2.95 million. Sold by Ellen Plante-Klein of Engel and Volkers St. George, and originally listed for $3.1 Million, that home closed escrow in 23 days.

Sales Statistics May 2018 St. George Real Estate

Per the May sales report, the Average sold price of a home in southern Utah was $364,087.  A perpetual issue of negotiations, listings selling within the “Average” price range were originally listed on the Flex MLS system for roughly $365,752. Since May 1, the median list price for a home in southern Utah has been approximately $299,950, with those medium priced homes typically selling for approximately $305,613.

Sales Statistics for May 2018: Washington County Utah

Statistically speaking, southern Utah home buyers were quick to act during the month of May. More than half, 57.53 percent, of Southern Utah’s single-family residential (or condominium/townhome) sales occurred within 30 days of being placed on the multiple listing service. Those homes that sold within the first 30 days received an average Sales Price to Original List Price ratio of 99.10 percent.

May 2018 Top Five Sold Real Estate Listings

May 2018 Top Five Sold Real Estate Listings

  • List Price: $3,100,000 – Sold Price: $2,950,000 – Days on Market: 23
  • List Price: $2,475,000 – Sold Price: $2,362,500 – Days on Market: 06
  • List Price: $1,895,000 – Sold Price: $1,810,000 – Days on Market: 48
  • List Price $1,449,000 – Sold Price: $1,350,000 – Days on Market: 337
  • List Price: $1,275,000 – Sold Price: $1,100,000 – Days on Market: 71

St. George, Utah, real estate Days on Market Statistics

May 2018 Days on Market

  • 214 southern Utah real estate listings sold in less than 30 days
  • 67 southern Utah real estate listings sold in less than 60 days
  • 32 southern Utah real estate listings sold in less than 90 days
  • 21 southern Utah real estate listings sold in less than  120 days
  • 38 southern Utah real estate listings sold in less than  121+ days

May Real Estate Activity for Washington County

May, 2018, Real Estate Activity for Southern Utah: Month-over-Month and Year-Over-Year Comparison

On a year-over-year comparative basis, so far in 2018, Southern Utah’s active Realtors have sold 2,135 total real estate listings. A 5.3 percent increase from 2017’s 2,027 closed escrows, these sales included 7 listings valued in excess of $1 million.  So far in 2018, 26 homes valued between $1 million and $1,999,999 have successfully closed escrow.

May Real Estate Prices

May statistics provided by the WCBR’s FlexMLS system indicates the Active Average list price in southern Utah has continued to increase steadily since the beginning of the year to $520,265, representing 6.85 percent increase from March 2017.  Also up over the past 12 months, the Average Sales Price for a home in Washington County has witnessed a 6.85 percent on a year-over-year basis.

May Real Estate Absorption Rate

As of Sunday, May 3, there are just 610 single-family residential listings and/or condominium/townhomes for sale in the greater St. George area. As our MLS inventory remains at historic lows, buyers and their agents will need to be diligent in order to source out the best housing deals.

The WCBR Market Summary for May 2018 indicates our absorption rate is just over 3.1 months. In other words, if no new listings were taken and placed on the Washington County Board of Realtors MLS system – our inventory would be depleted within approximately 3 months.

May 2018, Real Estate Absorption Rate and Inventory

 

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.

*Information is deemed to be reliable but is not guaranteed. © 2015 435MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Sunday, May 3, 2018,  4:20 AM.

St. George Utah Real Estate Market Statistics

Southern Utah Real Estate Market Statistics: March 2017

 According to Market Statistics, Southern Utah’s inventory is down and prices are up. It Saturday, April 1, 2017 and here is your March real estate report for the greater St. George area.

The southern Utah real estate market’s Absorption Rate for the greater St. George area is at a brand-new low, according to new data provided by the Washington County Board of Realtors. The lack of inventory combined with the concern over looming interest rate hikes has driven existing inventory down by double digits on a year-over-year basis. With the average Days on Market holding steady since the beginning of the year and the Sold to List Ratio spiking dramatically during March 2017, it’s safe to say the increase in the Average List Price hasn’t scared today’s buyer away.

Southern Utah’s real estate market Absorption Rate, measured in months, has declined 30.22% on a year-over-year basis. At just 3.44 for the month of March, that Absorption Rate number represents how many months before Washington County would run out of listings – provided no new listings were taken. Obviously, that won’t happen. However, following the law of supply and demand, the lack of inventory has definitely led to a spike in appreciation for southern Utah homeowners.

The Median List Price for a home in the southern Utah real estate market for March 2017 was $343,999. Up 9.22% from March 2016, when the median list price was $314,950 – this nearly 10% uptick underscores strong self-confidence. Though wanting and getting are two different things (Read:” List Price”), the Average Sale Price in Washington County increased by more than 10% since this time last year.

The Average Sale Price for a home in the southern Utah real estate market for March 2017 was $295,537. A solid 11.72% increase over March 2016, when the average sales price was $264,539, this double-digit growth is nothing compared to what happened to those homes listed just under $1 million in southern Utah. Spiking 166.7% for March, Washington County real estate listings between $750,000 and $999,999 are up 128.6% on a year-over-year basis.

  Southern Utah Real Estate Market Statistics: March 2017

 Washington County Real Estate Market Statistics

Southern Utah Real Estate Market Statistics

 

 Washington County Summary Real Estate Market Statistics March 2017

  • Mar-17           Mar-16           % Chg 2017 YTD      2016 YTD      % Chg
  • Absorption Rate        3.44    4.93    -30.22 3.46    5.05    -31.49
  • Average List Price     $452,538       $418,146       8.22    $390,567       $364,097       7.27
  • Median List Price      $343,999       $314,950       9.22    $309,900       $284,900       8.78
  • Average Sale Price    $295,537       $264,539       11.72  $284,807       $251,086       13.43
  • Median Sale Price     $254,000       $228,250       11.28  $245,000       $220,500       11.11
  • Average CDOM          78       88       -11.36 78       91       -14.29
  • Median CDOM           28       40       -30.00 37       52       -28.85

 

Sold Southern Utah Real Estate Listings

  • This Month    Year to Date

  • 2017   2016   % Chg 2017   2016   % Chg
  • 0-49,999        2          6          -66.7   11       20       -45.0
  • 50,000-99,999          10       25       -60.0   32       62       -48.4
  • 100,000-149,999     34       63       -46.0   79       143     -44.8
  • 150,000-199,999     74       68       8.8       194     168     15.5
  • 200,000-249,999     91       78       16.7    214     176     21.6
  • 250,000-349,999     112     112     0.0       258     230     12.2
  • 350,000-449,999     59       49       20.4    131     97       35.1
  • 450,000-549,999     21       14       50.0    51       40       27.5
  • 550,000-649,999     7          10       -30.0   18       16       12.5
  • 650,000-749,999     8          4          100.0  20       7          185.7
  • 750,000-999,999     8          3          166.7  16       7          128.6
  • 1,000,000-1,499,999           2          0          N/A     3          0          N/A
  • 1,500,000-1,999,999           0          0          0.0       1          0          N/A
  • 2,000,000-2,499,999           0          1          -100.0 0          1          -100.0
  • 2,500,000-2,999,999           1          1          0.0       1          1          0.0
  • 3,000,000+    0          0          0.0       0          0          0.0
  • Totals  429     434     -1.2     1029   968     6.3

 

Pending Southern Utah Real Estate Listings

  • This Month    Year to Date
  • 2017   2016   % Chg 2017   2016   % Chg
  • 0-49,999        4          3          33.3    13       14       -7.1
  • 50,000-99,999          11       22       -50.0   30       68       -55.9
  • 100,000-149,999     41       37       10.8    105     131     -19.8
  • 150,000-199,999     84       83       1.2       209     214     -2.3
  • 200,000-249,999     111     95       16.8    279     235     18.7
  • 250,000-349,999     158     133     18.8    369     314     17.5
  • 350,000-449,999     67       54       24.1    174     125     39.2
  • 450,000-549,999     39       16       143.8  88       56       57.1
  • 550,000-649,999     12       10       20.0    27       25       8.0
  • 650,000-749,999     7          5          40.0    19       17       11.8
  • 750,000-999,999     5          6          -16.7   26       13       100.0
  • 1,000,000-1,499,999           2          2          0.0       8          2          300.0
  • 1,500,000-1,999,999           0          1          -100.0 3          1          200.0
  • 2,000,000-2,499,999           2          0          N/A     2          1          100.0
  • 2,500,000-2,999,999           0          0          0.0       1          1          0.0
  • 3,000,000+    0          0          0.0       0          0          0.0
  • Totals  543     467     16.3    1353   1217   11.2

 

Active Southern Utah Real Estate Listings

  • This Month    Year to Date
  • 2017   2016   % Chg 2017   2016   % Chg
  • 0-49,999        17       23       -26.1   33       51       -35.3
  • 50,000-99,999          36       74       -51.4   79       156     -49.4
  • 100,000-149,999     53       79       -32.9   162     245     -33.9
  • 150,000-199,999     107     180     -40.6   313     425     -26.4
  • 200,000-249,999     151     227     -33.5   451     534     -15.5
  • 250,000-349,999     348     439     -20.7   809     853     -5.2
  • 350,000-449,999     228     275     -17.1   469     481     -2.5
  • 450,000-549,999     147     129     14.0    290     235     23.4
  • 550,000-649,999     70       83       -15.7   116     139     -16.5
  • 650,000-749,999     48       53       -9.4     83       84       -1.2
  • 750,000-999,999     59       78       -24.4   105     112     -6.2
  • 1,000,000-1,499,999           42       36       16.7    56       44       27.3
  • 1,500,000-1,999,999           18       22       -18.2   25       31       -19.4
  • 2,000,000-2,499,999           7          5          40.0    9          8          12.5
  • 2,500,000-2,999,999           9          9          0.0       11       10       10.0
  • 3,000,000+    5          8          -37.5   8          9          -11.1
  • Totals  1345   1720   -21.8   3019   3417   -11.6

 

New Southern Utah Real Estate Listings

  • This Month    Year to Date
  • 2017   2016   % Chg 2017   2016   % Chg
  • 0-49,999        7          7          0.0       16       22       -27.3
  • 50,000-99,999          26       20       30.0    49       69       -29.0
  • 100,000-149,999     42       39       7.7       99       137     -27.7
  • 150,000-199,999     55       80       -31.2   197     247     -20.2
  • 200,000-249,999     122     113     8.0       307     311     -1.3
  • 250,000-349,999     158     126     25.4    476     436     9.2
  • 350,000-449,999     80       79       1.3       259     250     3.6
  • 450,000-549,999     66       39       69.2    160     118     35.6
  • 550,000-649,999     18       12       50.0    60       65       -7.7
  • 650,000-749,999     10       9          11.1    41       38       7.9
  • 750,000-999,999     10       9          11.1    45       50       -10.0
  • 1,000,000-1,499,999           7          1          600.0  24       20       20.0
  • 1,500,000-1,999,999           3          2          50.0    10       6          66.7
  • 2,000,000-2,499,999           0          0          0.0       1          1          0.0
  • 2,500,000-2,999,999           1          1          0.0       4          3          33.3
  • 3,000,000+    0          0          0.0       3          3          0.0
  • Totals  605     537     12.7    1751   1776   -1.4

 

Information is deemed to be reliable, but is not guaranteed. © 2017 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Saturday, April 01, 2017 5:33 AM.

 

Southern Utah Weekly Real Estate Report: March 27, 2017

It’s Monday, March 27, 2017, over the past seven days, 56 single-family residential listings and/or townhomes/condos have successfully closed escrow in Washington County, according to the Southern Utah Weekly Real Estate Report.

St. George Utah Weekly Real Estate Statistics

St. George Real Estate Market Report

On a year-over-year basis, Washington County’s real estate Absorption Rate has declined by 31.70%. Despite the median list price jumping from $289,900 in $2016 to $315,750 in 2017, Realtors have seen their inventory decline precipitously. Most recently at just 3.54 months worth of housing inventory, this time last year the St. George Utah MLS had 5.27 months worth of real estate inventory to sell.

Selling $18,442,903 worth of real estate in Washington County over the past seven days, those homes listed in the ‘Median’ price range closed escrow for 99.26% of their OLP (original list price). Those homes falling within the ‘Average’ list price category – approximately $333,838 – successfully closed escrow for approximately $145 per square foot, on average.

Washington County Real Estate Report

Southern Utah Weekly Real Estate Report And Statistics

Top Five Southern Utah Real Estate Sales

  1. List Price: $994,000 – Sold Price: $950,000 – Days on Market: 60
  2. List Price: $679,900 – Sold Price: $679,900 – Days on Market: 01
  3. List Price: $649,900 – Sold Price: $638,300 – Days on Market: 11
  4. List Price: $615,500 – Sold Price: $615,500 – Days on Market: 28
  5. List Price: $544,000 – Sold Price: $540,000 – Days on Market: 28

Southern Utah Weekly Real Estate Report: March 27, 2017

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

1

$950,000
2410 W Entrada #24
St George, UT 84770
Closed / 16-181051  

994,000950,00003/21/201760184.28 / 176.12

2

$679,900
2552 E Lincoln Lane
St George, UT 84790
Closed / 17-183426  

679,900679,90003/20/20171159.53 / 159.53

3

$638,300
1119 W Shadow Point
St George, UT 84770
Closed / 17-182090  

649,900638,30003/20/201711153.53 / 150.79

4

$615,500
833 Shonto Ridge
Ivins, UT 84738
Closed / 17-183483  

Status Change

615,500615,50003/23/201728186.74 / 186.74

5

$540,000
967 HOMESTEAD Circle
St George, UT 84770
Closed / 17-181780  

Status Change

544,000540,00003/23/201728139.92 / 138.89

6

$534,900
284 W GRANITE Drive
Washington, UT 84780
Closed / 17-181650  

Status Change

534,900534,90003/23/201714121.4 / 121.4

7

$523,800
1346 S 2670 E
St George, UT 84790
Closed / 16-173609  

528,999523,80003/20/2017376138.48 / 137.12

8

$476,877
1140 W RIVERSTONE Circle
St George, UT 84790
Closed / 17-183279  

470,744476,87703/22/20175194.12 / 196.65

9

$448,205
1728 S 1380 W
St George, UT 84770
Closed / 16-179617  

443,000448,20503/20/2017129151.19 / 152.97

10

$447,891
1455 W Grapevine Drive
St George, UT 84790
Closed / 17-181697  

Status Change

450,000447,89103/22/20171198.06 / 197.14

11

$435,000
881 ESCALANTE
St George, UT 84790
Closed / 16-179766  

Status Change

449,500435,00003/23/201715087.11 / 84.3

12

$425,000
2513 E Springs Drive
St George, UT 84790
Closed / 16-173173  

Status Change

429,900425,00003/22/2017352121.96 / 120.57

13

$423,412
2573 S 3160 E
St George, UT 84790
Closed / 17-181714  

419,900423,41203/21/201739156.97 / 158.28

14

$417,462
2601 S 3160 E
St George, UT 84790
Closed / 16-180340  

414,900417,46203/22/2017113156.98 / 157.95

15

$405,000
1736 FLAGSTONE Drive
St George, UT 84790
Closed / 16-175828  

429,900405,00003/20/201725897.09 / 91.46

16

$390,302
5251 N Northgate Peaks Drive
St George, UT 84770
Closed / 16-179648  

389,900390,30203/20/2017104175.24 / 175.42

17

$375,000
1369 Bella Rosa Drive
St George, UT 84790
Closed / 17-181561  

419,000375,00003/20/201737121.38 / 108.63

18

$373,000
2260 HAWKINS Circle
St George, UT 84790
Closed / 16-180760  

Status Change

389,000373,00003/24/20178180.74 / 77.42

19

$370,000
Lot 33 Black Brush Dr
St George, UT 84790
Closed / 17-182879  

Status Change

365,000370,00003/23/20172169.61 / 171.93

20

$342,500
252 E CALGARY Drive
St George, UT 84790
Closed / 16-179515  

350,000342,50003/22/201712789.17 / 87.26

21

$340,000
3799 S Stoney Hill
Washington, UT 84780
Closed / 17-182382  

Status Change

349,900340,00003/22/20176162.07 / 157.48

22

$335,900
2723 S 2110 E
St George, UT 84790
Closed / 17-182542  

334,900335,90003/22/201716152.57 / 153.03

23

$333,280
1343 W Silk Berry Drive
St George, UT 84790
Closed / 16-179922  

Status Change

324,900333,28003/21/2017133205.24 / 210.54

24

$323,724
3895 Sweetwater Drive
Santa Clara, UT 84765
Closed / 17-182990  

Status Change

322,724323,72403/23/20171183.16 / 183.73

25

$319,500
1920 N Lakota Ridge Drive 71
St George, UT 84770
Closed / 16-181144  

324,400319,50003/21/201774168.78 / 166.23

26

$317,900
4185 S Crown Jewel Way
Washington, UT 84780
Closed / 17-182709  

Status Change

319,900317,90003/23/20176159.95 / 158.95

27

$305,500
4031 S 20 E
Washington, UT 84780
Closed / 17-182725  

Status Change

305,500305,50003/23/20174151.76 / 151.76

28

$301,000
2145 W 1230 N
St George, UT 84770
Closed / 17-182586  

Status Change

312,900301,00003/24/201714146.42 / 140.85

29

$297,000
1730 W Stonebridge 55
St George, UT 84770
Closed / 17-182973  

Status Change

297,000297,00003/23/20175150.08 / 150.08

30

$285,000
192 W 200 S
Ivins, UT 84738
Closed / 16-180371  

289,900285,00003/21/2017116160.08 / 157.37

31

$275,000
280 S Luce Del Sol #110
St George, UT 84770
Closed / 17-183432  

Status Change

280,000275,00003/23/20174166.37 / 163.4

32

$264,000
265 N Dixie Dr. #107
St George, UT 84770
Closed / 17-181769  

Status Change

264,900264,00003/24/201733143.27 / 142.78

33

$259,000
225 N FALCON Court
Ivins, UT 84738
Closed / 17-182112  

249,999259,00003/21/2017599.88 / 103.48

34

$258,000
650 N Redstone Way 24
Washington, UT 84780
Closed / 17-182858  

258,350258,00003/21/20177169.08 / 168.85

35

$255,900
2676 Kolob
St George, UT 84790
Closed / 17-182651  

255,900255,90003/21/20178150.53 / 150.53

36

$251,000
1647 W 360 N
St George, UT 84770
Closed / 17-182381  

259,900251,00003/20/201718140.33 / 135.53

37

$245,000
1090 N SUNDOWN Drive
Washington, UT 84780
Closed / 16-180587  

249,900245,00003/21/2017104165.06 / 161.82

38

$245,000
391 E 235 S
Ivins, UT 84738
Closed / 17-182636  

249,000245,00003/22/201724135.92 / 133.73

39

$239,000
2260 E 700 N
St George, UT 84790
Closed / 17-182369  

Status Change

239,000239,00003/24/201711142.6 / 142.6

40

$229,000
1825 W Mathis Park #27
St George, UT 84770
Closed / 17-183039  

Status Change

229,000229,00003/22/20179149.97 / 149.97

41

$228,000
280 S Luce Del Sol #418
St George, UT 84770
Closed / 16-172523  

228,000228,00003/21/2017330144.03 / 144.03

42

$227,900
3584 E SWEETWATER SPRINGS Drive
Washington, UT 84780
Closed / 17-181469  

227,900227,90003/20/201733160.49 / 160.49

43

$222,650
225 N Country Lane #45
St George, UT 84770
Closed / 17-182062  

Status Change

229,000222,65003/23/20176165.46 / 160.87

44

$211,700
2828 E SLICK ROCK Road
Washington, UT 84780
Closed / 17-182303  

211,700211,70003/20/20175182.5 / 182.5

45

$210,000
199 W 2025 S #57
St George, UT 84770
Closed / 16-180612  

214,900210,00003/20/201782130.08 / 127.12

46

$205,000
2529 S Harvest Lane
Washington, UT 84780
Closed / 17-182764  

Status Change

215,000205,00003/24/201712152.16 / 145.08

47

$198,000
4473 S BIG RIVER Drive
St George, UT 84790
Closed / 16-179175  

206,000198,00003/21/2017141165.33 / 158.91

48

$195,000
1055 E 900 S #63
St George, UT 84790
Closed / 17-182576  

209,900195,00003/20/201721138.73 / 128.88

49

$181,000
225 N Valley View #18
St George, UT 84770
Closed / 17-182859  

183,900181,00003/21/201714117.28 / 115.43

50

$179,900
2488 MANZONI Road
Santa Clara, UT 84765
Closed / 17-181733  

179,900179,90003/20/201714123.39 / 123.39

51

$178,600
296 E 900 #10
St George, UT 84770
Closed / 17-182514  

184,900178,60003/20/20171121.81 / 117.65

52

$169,900
1000 E Bluffview Drive #21
Washington, UT 84780
Closed / 17-182687  

Status Change

175,900169,90003/24/201723133.16 / 128.61

53

$168,000
280 S Luce Del Sol #616
St George, UT 84770
Closed / 16-175072  

Status Change

168,000168,00003/23/2017321133.33 / 133.33

54

$158,500
175 N Main
Washington, UT 84780
Closed / 16-180550  

157,000158,50003/21/201762158.91 / 160.43

55

$135,000
280 N SUNFLOWER Drive #31
St George, UT 84790
Closed / 17-182013  

135,000135,00003/21/201732110.47 / 110.47

56

$82,000
600 N 2450 E #803
St George, UT 84790
Closed / 17-183032  

82,00082,00003/20/20173139.46 / 139.46

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, March 27, 2017

March 20, 2017 Real Estate Report Washington County

Southern Utah Weekly Real Estate Report: March 20, 2017

Since the beginning of last week, 47 single-family residential listings and/or townhomes/condos have sold in Washington County. As springtime 2017 warms up here in St. George, our weekly Southern Utah Real Estate Report shows strong activity from Entrada to Sunbrook in the greater St. George area.

St. George, Utah Weekly Real Estate Statistics

 March 20, 2017

St. George Utah Real Estate Absorption Rate: Click Image to View Full Report

It’s Monday, March 20, 2017, and the current ‘Absorption Rate’ for southern Utah’s real estate inventory is 3.52 months. Meaning, if no other properties were listed – Washington County and its board of Realtors would run out of inventory in just under four months. While the average list price for February 2017 was $458,153, the average sales price was $280,307.

Over the past week, those homes that fell into the ‘Average’ category had a list price of approximately $318,464 and closed escrow for roughly $312,799. Spending anywhere from 72 – 86 Collective Days on Market (CDOM), those average priced listings sold for approximately $156 per square foot.

Top Five Southern Utah Real Estate Sales

List Price: $880,000 – Sold Price: $804,000 – Days on Market: 577

List Price: $581,000 – Sold Price: $576,169 – Days on Market: 01

List Price: $599,000 – Sold Price: $575,000 – Days on Market: 23

List Price: $585,000 – Sold Price: $575,000 – Days on Market: 07

List Price: $499,999 – Sold Price: $489,500 – Days on Market: 24

 Weekly Real Estate Report And Statistics

March 20, 2017 Utah Real Estate Report, St. George

Southern Utah Weekly Real Estate Report: March 20, 2017

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

1

$804,000
2331 W Entrada Trail 101
St George, UT 84770
Closed / 15-168471  

Status Change

880,000804,00003/15/2017577276.12 / 252.27

2

$576,169
1636 W Wild Rose Circle
St George, UT 84790
Closed / 17-181582  

Status Change

581,000576,16903/14/20171289.63 / 287.22

3

$575,000
139 N Painted Hills Drive
Ivins, UT 84738
Closed / 17-181660  

Status Change

599,000575,00003/14/201723217.9 / 209.17

4

$575,000
1759 E Boulder Springs Drive
St George, UT 84790
Closed / 17-182821  

Status Change

585,000575,00003/17/20177133.38 / 131.1

5

$489,500
3455 E Crimson Fairway
Washington, UT 84780
Closed / 17-181699  

Status Change

499,999489,50003/17/201724177.62 / 173.89

6

$476,015
3794 S 2640 E
St George, UT 84790
Closed / 17-183243  

476,015476,01503/13/20173112.06 / 112.06

7

$446,000
335 W Redstone Court
Ivins, UT 84738
Closed / 16-179374  

Status Change

459,900446,00003/17/2017147174.27 / 169

8

$444,500
2758 Bella Sol Drive
Santa Clara, UT 84765
Closed / 16-180798  

449,900444,50003/13/201786203.85 / 201.4

9

$439,000
2371 E 2830 S
St George, UT 84790
Closed / 17-182380  

429,969439,00003/13/20171197.92 / 99.98

10

$432,500
1632 E 90 S
St George, UT 84790
Closed / 16-179348  

Status Change

450,000432,50003/15/2017142179.86 / 172.86

11

$420,922
1152 W RIVERSTONE Circle
St George, UT 84790
Closed / 17-183207  

Status Change

420,900420,92203/16/20177194.41 / 194.42

12

$419,900
2156 E 3480 S
St George, UT 84790
Closed / 17-181713  

419,900419,90003/13/201719152.75 / 152.75

13

$407,373
1391 W Whitestone Drive
St George, UT 84790
Closed / 17-181581  

Status Change

407,900407,37303/14/20171273.57 / 273.22

14

$385,000
1035 N SILVER LODE Avenue
Washington, UT 84780
Closed / 16-181176  

389,900385,00003/14/201772160.58 / 158.57

15

$354,581.5
3800 N Paradise Village Drive 74
Santa Clara, UT 84765
Closed / 16-175329  

340,900354,581.503/14/201736162.49 / 169.01

16

$340,000
112 S BRIDGE POINT Way
St George, UT 84770
Closed / 15-171568  

349,779340,00003/13/2017282135.89 / 132.09

17

$335,000
2416 E 2860 S
St George, UT 84790
Closed / 16-180935  

Status Change

334,900335,00003/15/201778145.36 / 145.4

18

$327,100
3288 E 3230 Street S
St George, UT 84790
Closed / 16-178287  

Status Change

326,500327,10003/16/2017187165.9 / 166.21

19

$319,900
1445 E MESA VIEW Lane
Washington, UT 84780
Closed / 16-178982  

Status Change

319,900319,90003/17/20174099.44 / 99.44

20

$314,400
4948 N Turnberry Court 610
St George, UT 84770
Closed / 17-181601  

Status Change

309,900314,40003/15/201719171.03 / 173.51

21

$312,000
1814 W SUNSTAR Drive
St George, UT 84790
Closed / 16-178112  

Status Change

320,000312,00003/17/2017144182.65 / 178.08

22

$306,500
1009 W 4100 S
St George, UT 84770
Closed / 16-180410  

Status Change

315,000306,50003/16/2017102165.44 / 160.98

23

$298,000
2212 S Chippenham Court
St George, UT 84770
Closed / 16-177699  

307,500298,00003/14/2017170166.85 / 161.69

24

$297,954
3253 E 3230 S
St George, UT 84790
Closed / 17-183342  

Status Change

297,954297,95403/16/201713159.16 / 159.16

25

$275,000
1140 Wesley Powell
St George, UT 84790
Closed / 17-181686  

Status Change

289,900275,00003/17/201745110.99 / 105.28

26

$274,900
2174 S Alison Row
St George, UT 84790
Closed / 16-176222  

275,900274,90003/14/2017275125.24 / 124.78

27

$260,000
959 CHURREA Drive
Washington, UT 84780
Closed / 17-182517  

Status Change

259,900260,00003/17/20176138.69 / 138.74

28

$244,900
414 N 2070 E
St George, UT 84790
Closed / 17-182682  

244,900244,90003/13/20176154.41 / 154.41

29

$236,500
480 Vermillion Avenue
St George, UT 84790
Closed / 17-181894  

250,000236,50003/13/201723138.73 / 131.24

30

$228,250
2586 E 90 S
St George, UT 84790
Closed / 17-181569  

235,000228,25003/13/201751163.19 / 158.51

31

$226,900
1894 E 40 North Street
St George, UT 84790
Closed / 16-179697  

226,900226,90003/14/2017119136.03 / 136.03

32

$225,000
187 N Westridge #129
St George, UT 84770
Closed / 17-181955  

Status Change

224,900225,00003/17/201717128.96 / 129.01

33

$225,000
1568 EL VISTA
Santa Clara, UT 84765
Closed / 17-182719  

Status Change

219,900225,00003/16/20172173.42 / 177.44

34

$215,000
1085 HEMLOCK Circle
St George, UT 84790
Closed / 16-178137  

229,900215,00003/13/2017185124.34 / 116.28

35

$213,000
345 N 2450 E #199
St George, UT 84790
Closed / 17-181793  

225,000213,00003/13/201715143.31 / 135.67

36

$199,000
1961 E 110 S
St George, UT 84790
Closed / 17-182250  

Status Change

219,900199,00003/16/20176161.69 / 146.32

37

$190,000
737 S 380 E
Ivins, UT 84738
Closed / 17-182404  

Status Change

195,000190,00003/17/20171172.41 / 167.99

38

$179,700
2045 S 1400 #7
St George, UT 84790
Closed / 17-182269  

Status Change

179,900179,70003/16/20171115.39 / 115.27

39

$172,900
970 E 700 S #9
St George, UT 84790
Closed / 17-182339  

169,900172,90003/14/20172122.85 / 125.02

40

$170,100
1175 E 900 S #9
St George, UT 84790
Closed / 17-182330  

169,900170,10003/14/201713145.84 / 146.01

41

$168,000
280 S Luce Del Sol #215
St George, UT 84770
Closed / 16-179823  

168,000168,00003/14/201799133.33 / 133.33

42

$166,900
555 DIAGONAL Street #6
St George, UT 84770
Closed / 17-181896  

164,900166,90003/14/201713140.7 / 142.41

43

$163,000
290 W Buena Vista #36
Washington, UT 84780
Closed / 17-182048  

163,000163,00003/13/201710121.55 / 121.55

44

$152,700
1050 W RED HILLS Parkway #121
Washington, UT 84780
Closed / 16-180900  

Status Change

159,900152,70003/16/201793152.43 / 145.57

45

$150,000
575 S 1100 E #18
St George, UT 84790
Closed / 16-180625  

Status Change

149,000150,00003/14/201782155.86 / 156.9

46

$148,500
971 W BLOOMINGTON Drive S
St George, UT 84790
Closed / 16-179537  

Status Change

149,500148,50003/16/20178598.75 / 98.08

47

$120,000
1845 W Canyon View Drive #1409
St George, UT 84770
Closed / 16-181178  

Status Change

125,000120,00003/15/201751248.02 / 238.1

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, March 20, 2017

Southern Utah Real Estate Statistics

October St. George Utah Real Estate Market Statistics: So Far, So Good!

St. George, Utah – it’s October 20, 2016, and since the beginning of the year, real estate activity in southern Utah has been on a tear. With a 7-point increase in closed escrows for condominiums/townhomes, and a 16-point increase for single-family listings placed under contract, 2016 will be remembered fondly by most Realtors on the Washington County Board.

With the third debate from the 2016 election thankfully over, it’s time to get back to the business at hand, crunching numbers, disseminating information and preparing for the holidays.

Single-family residential listings statistics – under contract

Since January 1, 2016, there has been a total of 1963 single-family residences placed under contract in the greater St. George Utah area, representing a 16-point increase on a year-over-year basis from 2015’s 1688 homes placed under contract.

 October 2016 Southern Utah real estate statistics

Single-family residential listings statistics – closed escrows

By this point during 2015, there had been a total of 1619 single-family residential listings that successfully COE (closed escrow), as compared to this year’s 1799 closed escrows – representing an 11% increase in close escrows.

Dropping from a 5.45 to 4.13, Southern Utah’s real estate absorption rate as declined 24.63% on a year-over-year basis. Meaning, if no other listings were to be made available for sale on the multiple listing service(MLS) – we would run out of inventory and 4.13 months. Understanding that supply and demand dictates price, this reduced inventory has led to an average year to date list price of $345,091 for 2016, and an average sales price of $269,762.

Southern Utah Real Estate Summary Statistics

washington_county_real-estate_statistics_october_2016

  • Absorption Rate 4.13
  • Average list Price $428,782
  • Median List Price $324,900
  • Average Sales Price $277,749
  • Median sales price $237,950
  • Average Collective Days on Market 81
  • Median Collective Days on Market 29

As the holiday’s approach and our buyer’s retreat, the total number of available residential real estate listings in southern Utah has dipped below 1800, representing just over four months worth of available inventory. Thanks to historically low-interest rates, Southern Utah’s real estate market is seeing prices go up, the number of listings going down, and the total Days On Market for the average real estate listing holding steady at just under 80 days. Causing southern Utah’s real estate values to appreciate nicely since the beginning of the year.

southern_utah_real_estate_statistics

 Washington County real estate report October 2016

With southern Utah’s real estate inventory depleted and buyers anxious, we see 370 out of 395 deals successfully closed during September 2016. Of those successfully closed Washington County real estate listings, 5 occurred below $50,000, 12 occurred between 50,000 – $100,000, 43 real estate listings closed escrow between 100,000 – $149,999, 72 real estate listings closed escrow between $150,000 – $199,999, 67 real estate listings closed escrow between $200,000 – $249,999, 86 real estate listings successfully close escrow between $250,000 – $349,999, 41 Southern Utah real estate listing successfully closed escrow between $350,000 – $499,999, 20 St. George real estate listings successfully close escrow between $450,000 – $549,999, 13 Washington County real estate listing successfully closed escrow between $550,000 – $649,999, 5 real estate listings between $650,000 – $749,999 successfully closed escrow, 4 southern Utah real estate listings between $750,000 – $999,999 successfully closed escrow, and last but not least, just 2 southern Utah real estate listings during the month of September closed escrow between $1 million – $1,499,999.

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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 Thursday, October 20, 2016