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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

St. George Utah Real Estate Activity: Sold Listings June 1st – June 8th

St. George, Utah – it’s Monday June 8, 2015 and over the last seven days 26 single-family residential (SFR) listings have successfully closed escrow in Washington County.

In drilling down on this recent real estate activity for Southern Utah, we see that 21 SFR listings in St. George have successfully sold since last Monday. Additionally, three SFR listings in Washington City are no longer on the market, while Santa Clara & Ivins are now less one listing each as well.

For a brief summation of the recently closed escrows in Washington County please refer to the below List…

St. George Utah Real Estate Activity: Sold Listings June 1st – June 8th

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

1

$745,500
2018 E Opal Way
St George, UT 84790
Closed / 15-163242  

819,900745,50006/02/201580213.74 / 194.34

2

$607,500
2071 N Cascade Canyon
St George, UT 84770
Closed / 15-164104  

649,900607,50006/01/201550132.88 / 124.21

3

$540,000
1920 W RISING SUN Drive
St George, UT 84770
Closed / 14-159799  

569,000540,00006/01/2015219177.59 / 168.54

4

$460,000
2691 E 1500 S
St George, UT 84770
Closed / 14-162381  

494,500460,00006/04/2015147173.63 / 161.52

5

$397,402
1447 W SONGBIRD Drive
St George, UT 84790
Closed / 14-162210  

399,900397,40206/02/2015168190.43 / 189.24

6

$395,000
588 S FIVE SISTERS Drive
St George, UT 84790
Closed / 15-164634  

399,900395,00006/01/201554121.07 / 119.59

7

$386,000
1275 W Hagen Circle
St George, UT 84790
Closed / 15-162608  

399,000386,00006/02/2015115159.86 / 154.65

8

$385,000
2223 S 1200 W
St George, UT 84770
Closed / 15-164407  

389,900385,00006/01/201552144.41 / 142.59

9

$353,399
2692 E 3800 S
St George, UT 84790
Closed / 15-166852  

348,000353,39906/02/20151NA / NA

10

$288,000
2269 S Santa Maria Court
St George, UT 84790
Closed / 15-164103  

Status Change

299,900288,00006/04/20155993.75 / 90.03

11

$290,000
420 N 1910 West Street 47
St George, UT 84770
Closed / 15-166458  

290,000290,00006/01/20151140.71 / 140.71

12

$275,000
187 N STONE MOUNTAIN Drive
St George, UT 84770
Closed / 15-164988  

275,000275,00006/02/201516117.42 / 117.42

13

$250,000
250 North Snow canyon Drive 1
Ivins, UT 84738
Closed / 15-164855  

254,900250,00006/01/201542168.03 / 164.8

14

$
1570 W Canyon View
Santa Clara, UT 84765
Closed / 15-165831  

229,00006/04/2015586.42 / NA

15

$224,000
650 N Red Stone Road #7
Washington, UT 84780
Closed / 15-163989  

224,900224,00006/03/201570140.56 / 140

16

$219,900
2077 E 70 Circle S
St George, UT 84790
Closed / 15-165498  

219,900219,90006/02/201527144.48 / 144.48

17

$212,000
2913 S Bloomington Drive E
St George, UT 84790
Closed / 15-163287  

214,900212,00006/03/201511995.94 / 94.64

18

$208,000
1748 MAPLEWOOD Way
St George, UT 84790
Closed / 15-165638  

209,900208,00006/03/201523123.83 / 122.71

19

$196,000
1755 E 2370 S
St George, UT 84790
Closed / 15-165964  

209,900196,00006/04/20158123.25 / 115.09

20

$205,000
2365 E 240 S
St George, UT 84790
Closed / 15-165810  

205,000205,00006/01/20155146.22 / 146.22

21

$206,000
4348 S Sherwood
St George, UT 84790
Closed / 14-160929  

204,900206,00006/01/2015185159.21 / 160.06

22

$192,500
2115 N Sandsage Avenue
Washington, UT 84780
Closed / 15-164619  

Status Change

199,999192,50006/04/201556142.35 / 137.01

23

$189,999
1310 N 1650 W
St George, UT 84770
Closed / 14-161566  

189,999189,99906/01/2015148118.09 / 118.09

24

$182,500
354 N 2070 E
St George, UT 84790
Closed / 15-165485  

182,900182,50006/01/20153117.17 / 116.91

25

$184,000
2141 E 550 N
St George, UT 84790
Closed / 15-165883  

174,900184,00006/01/20153137.5 / 144.65

26

$165,000
593 Quail Ridge Drive
Washington, UT 84780
Closed / 15-165796  

165,000165,00006/01/20155122.04 / 122.04

*Information is deemed to be reliable, but is not guaranteed. © 2015 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Monday, June 8, 2015 7:10 AM.

Should you be interested in viewing any of these listings, please don’t hesitate to give me a call. I can be easily reached by cell phone at (435) 619–2206 — Click Here To Call Alex Now

St. George Utah Real Estate Week in Review: Sold Single-Family Listings

St. George, Utah – it’s Sunday morning March 29, 2015 and over the last seven days there have been 31 single-family residential real estate listings sold in Southern Utah by local Realtors, according to the Washington County Board Realtors (WCBR).

In drilling down on the most recently sold properties for the greater St. George area we see 25 recently closed escrows in the city of St. George, two closed escrows in Washington City, three closed escrow in Ivins and one in Santa Clara.

For those seeking greater detail on the areas newly sold real estate listings, the below list will synopsize this past weeks closed escrow’s. Offering insight on the Original List Price (LP), the recorded Sales Price (SP) … as well as the property’s overall Days On Market (DOM) — all critical data for anyone contemplating the purchase of a home in St. George Utah.

In some cases the seller may have elected to withhold the actual sales price, as is their right in the state of Utah.

 St. George Utah Real Estate Week in Review: Sold Single-Family Listings

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

1

$655,000
2549 W Versailles Court
St George, UT 84770
Closed / 14-157303  

Status Change

669,000655,00003/25/2015251181.94 / 178.13

2

$577,104
4946 S Woodruff Circle
St George, UT 84790
Closed / 14-162311  

Status Change

579,900577,10403/25/20153290.39 / 288.99

3

$539,500
1980 East Street
St George, UT 84770
Closed / 14-162406  

539,500539,50003/23/201550NA / NA

4

$466,000
1743 W GUNSIGHT
St George, UT 84770
Closed / 14-162316  

Status Change

474,000466,00003/27/201573188.17 / 184.99

5

$453,861
3844 S LACOSTA Circle
St George, UT 84790
Closed / 15-164842  

453,861453,86103/24/20153191.91 / 191.91

6

$449,900
1562 W Whitestone Drive
St George, UT 84790
Closed / 14-160529  

Status Change

469,900449,90003/24/2015153266.69 / 255.33

7

$405,000
1686 W RED CLOUD Drive
St George, UT 84770
Closed / 14-160005  

Status Change

419,900405,00003/26/2015143212.61 / 205.06

8

$367,703
53 S Chalon Circle
St George, UT 84770
Closed / 14-157922  

359,900367,70303/23/2015-6146.9 / 150.08

9

$367,500
621 N WEST LEDGE Parkway
Washington, UT 84780
Closed / 14-159549  

Status Change

374,900367,50003/26/2015184181.46 / 177.88

10

$365,000
1341 HOGAN Circle
St George, UT 84790
Closed / 15-163846  

369,900365,00003/24/20151596.18 / 94.9

11

$352,000
2925 E AMARANTH Drive
St George, UT 84790
Closed / 15-163948  

Status Change

369,900352,00003/26/20153097.86 / 93.12

12

$345,000
1165 W 2370 S
St George, UT 84790
Closed / 15-163814  

349,900345,00003/25/201519116.87 / 115.23

13

$312,500
2098 LONE ROCK Drive
St George, UT 84770
Closed / 14-162044  

312,500312,50003/24/201567119.82 / 119.82

14

$312,000
1866 W 10 N
St George, UT 84770
Closed / 14-161246  

329,900312,00003/24/2015102125.2 / 118.41

15

$310,066
1180 Street S
St George, UT 84790
Closed / 14-160725  

283,900310,06603/24/201565151.66 / 165.63

16

$310,000
285 N 1280 W
St George, UT 84770
Closed / 14-157489  

315,900310,00003/23/201521185.61 / 84.01

17

$285,000
593 N 1000 W
St George, UT 84770
Closed / 15-163412  

Status Change

299,000285,00003/26/20151178.17 / 74.51

18

$279,896
3020 Street E
St George, UT 84790
Closed / 14-160759  

240,900279,89603/24/201566145.12 / 168.61

19

$275,000
1427 MONTICELLO
St George, UT 84790
Closed / 14-162001  

Status Change

275,000275,00003/24/201572108.57 / 108.57

20

$256,000
834 CHICKADEE Court
Washington, UT 84780
Closed / 15-163518  

Status Change

259,900256,00003/27/201515152.61 / 150.32

21

$249,000
440 N 100 W
St George, UT 84770
Closed / 15-163608  

Status Change

259,000249,00003/25/20151690.94 / 87.43

22

$245,000
123 S 330 W
Ivins, UT 84738
Closed / 15-164506  

Status Change

249,900245,00003/26/20155139.84 / 137.1

23

$242,000
296 E 855 S
Ivins, UT 84738
Closed / 15-163594  

244,000242,00003/25/201521105.17 / 104.31

24

$230,000
805 S Dixie Drive #56
St George, UT 84770
Closed / 14-162405  

239,000230,00003/23/201556141.67 / 136.34

25

$226,000
3817 Madison
Santa Clara, UT 84765
Closed / 15-164523  

Status Change

231,000226,00003/27/201512140.34 / 137.3

26

$210,000
248 S 300 W
Ivins, UT 84738
Closed / 15-162921  

Status Change

215,000210,00003/25/201542143.33 / 140

27

$191,216
1648 W Shivwits Drive
St George, UT 84790
Closed / 14-158970  

Status Change

199,900191,21603/26/201519191.07 / 87.11

28

$185,000
1717 Desert Rose
St George, UT 84790
Closed / 14-161348  

189,500185,00003/25/2015112146.56 / 143.08

29

$174,900
241 N 2230 E
St George, UT 84790
Closed / 15-163959  

174,900174,90003/24/20153110.98 / 110.98

30

$165,000
210 N Mall #30
St George, UT 84790
Closed / 15-162799  

Status Change

169,000165,00003/27/201567119.35 / 116.53

31

$132,000
2930 E 450 N #f11
St George, UT 84790
Closed / 15-162645  

139,900132,00003/23/201524126.04 / 118.92

 

 

 

* The above Information is deemed to be reliable, but is not guaranteed. © 2015 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS on Sunday, March 29, 2015 4:20 AM

St. George Utah Real Estate Week in Review: Sold Listings

St. George, Utah – it’s Sunday morning March 1, 2015, and over the last seven days there have been 34 single-family residential units sold by real estate agents on the Washington County Board Realtors.

In drilling down on the 34 most recently sold southern Utah real estate listings we see: 24 recently closed escrow in St. George, 9 closed escrow in Washington City, and 1 closed escrow in Ivins.

The below list will summarize those recently closed escrow’s, providing the original List Price (LP) of the home, the actual Sold Price (SP), as well as the property’s overall Days On Market (DOM). In some cases, the seller may have withheld the actual sales price – as is permissible in the state of Utah. Additionally, the included data will show the listed price per square foot vs. its sold price per square foot, all valuable information for any potential homebuyer or seller.

St. George Utah Real Estate Week in Review: Sold Listings

Results: 34Selected: 0Contact or FeedbackSchedule a ShowingPrivate Note

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 MLS #StatusAddressPriceList PriceSold PriceSold DateDays On MarketList/Sold Price Sqft

1
15-163710  
Closed

2012 W Cougar Rock Circle$1,046,0401,050,0001,046,04002/23/20151NA / NA

2
14-160647  
Closed

Status Change

1820 E 490 S$456,000475,000456,00002/27/2015109112.96 / 108.44

3
14-161013  
Closed

Status Change

4811 S Whisper Point Drive$455,409439,900455,40902/24/201568207.89 / 215.22

4
14-162312  
Closed

Status Change

1608 W Garnet Ridge Drive$427,866.41427,900427,866.4102/24/201510286.99 / 286.97

5
14-160463  
Closed

Status Change

2237 S Fairway Hills$350,000360,000350,00002/25/2015110128.57 / 125

6
14-159702  
Closed

Status Change

690 E 1050 SOUTH Circle$342,500349,900342,50002/23/201513184.48 / 82.69

7
14-160545  
Closed

Status Change

5120 S Carmel Bluffs Drive$339,000339,900339,00002/24/201559227.97 / 227.36

8
15-162782  
Closed

120 E 3930 S$318,900314,900318,90002/25/201512143.53 / 145.35

9
15-164262  
Closed

Status Change

2858 S LA COSTA CIRCLE 405$318,437318,437318,43702/27/201514147.08 / 147.08

10
14-157563  
Closed

Status Change

1025 N Sundown Drive #27$311,250327,750311,25002/24/2015212148.3 / 140.84

11
14-160780  
Closed

3674 S 1660 WEST Circle$310,000329,000310,00002/23/201575144.42 / 136.08

12
14-162335  
Closed

975 E Larkspur$295,000297,750295,00002/25/20153287.42 / 86.61

13
14-159962  
Closed

1265 W 2130 S$274,000279,000274,00002/23/2015120129.23 / 126.91

14
14-154537  
Closed

Status Change

1972 Rustic Drive$259,875235,000259,87502/26/2015150.82 / 56.2

15
14-162215  
Closed

Status Change

2983 E 2930 Circle S Lot # 9$251,344222,855251,34402/26/20151119.05 / 134.26

16
14-160732  
Closed

Status Change

1975 Circle S$250,573242,900250,57302/26/201564129.75 / 133.85

17
14-160431  
Closed

Status Change

1556 S SCENIC SUNRISE Drive$239,900239,900239,90002/26/2015119141.53 / 141.53

18
14-160361  
Closed

1286 W 560 S$236,000249,900236,00002/25/2015123137.08 / 129.46

19
14-161784  
Closed

Status Change

1626 W CHATEAU$234,000390,000234,00002/25/201556115.01 / 69.01

20
14-155537  
Closed

Status Change

475 N Creek Ridge Drive$229,000229,000229,00002/26/201527566.69 / 66.69

21
14-160537  
Closed

Status Change

2116 CANYON GREENS Drive$224,000239,900224,00002/25/2015125152.61 / 142.49

22
14-160805  
Closed

Status Change

739 N 1620 W$220,000224,900220,00002/25/2015122133.16 / 130.25

23
14-162123  
Closed

1296 N 1175 W$215,000215,000215,00002/24/20155134.38 / 134.38

24
14-160187  
Closed

Status Change

631 N 2240 E$214,100209,900214,10002/26/2015126119.81 / 122.2

25
15-163886  
Closed

Status Change

1151 N HIGH POINT Circle$213,544213,544213,54402/26/2015132184.09 / 184.09

26
14-156512  
Closed

Status Change

80 E 200 N$201,770195,900201,77002/24/201515674.49 / 76.72

27
14-161242  
Closed

Status Change

1355 W Snow Hill$187,000189,900187,00002/27/201568118.39 / 116.58

28
14-162440  
Closed

2261 E 700 N$185,900185,900185,90002/23/20155128.21 / 128.21

29
14-161133  
Closed

Status Change

1035 N Ocotillo$183,000183,000183,00002/27/201599146.28 / 146.28

30
14-161484  
Closed

Status Change

2115 E 575 N$169,900169,900169,90002/26/201578153.89 / 153.89

31
14-160979  
Closed

Status Change

4419 S VICTORIA Lane$165,400171,900165,40002/27/2015129153.89 / 148.08

32
15-163590  
Closed

581 E 400 S$142,000149,900142,00002/25/20151093.51 / 88.58

33
14-160089  
Closed

Status Change

1701 W 1020 N$130,000129,900130,00002/24/201511655.61 / 55.65

34
15-162820  
Closed

233 N 200 W$124,900124,900124,90002/24/20155106.3 / 106.3
 * The above St. George Utah real estate summary of recently Sold Single-Family Residential listings is provided by the Washington County Board of Realtors and their MLS system: This data excludes homes sold as “For Sale by Owner” and any other non-published real estate listings. Additionally, Alex Yeager and Engel & Volkers are not responsible for the data and do not guarantee its accuracy.

St. George Utah Real Estate Market Statistics: January 2015 Update

The greater St. George Utah real estate market remained strong during the first month of 2015 – thanks to the continued low interest rates, surging enthusiasm in real estate as an investment vehicle, as well as Fannie Mae’s & Freddie Mac’s 3% down payment program for today’s marginal  homebuyers. As the number of St. George Utah real estate listings continued to decline on the Washington County Board of Realtors MLS system during January 2015, the active median list price continued to go up and the sold median price of St. George Utah real estate declined slightly.

St. George Utah Real Estate Market Statistics: January 2015 Update

St. George Utah Real Estate Market Statistics: January 2015 Update

Summary of statistics: January 2015 vs. January 2014 | Percentage of change

Absorption rate         5.35                            4.71                            +13.59%

Average list price      $381,378                   $383,166                       -.47%

Median list price       $309,000                   $298,950                  +3.36%

Average sales price   $260,837                   $267,892                  -2.63%

Median sales price    $217,500                   $227,750                  -4.50%

Average days on market 106                     110                              -2.64%

Median days on market     50                      40                               +25%

View the entire summary of statistics from the Washington County Board of Realtors below…

Washington County Board of Realtors Summary of Statistics

Washington County Board of Realtors Summary of Statistics

On a month over month comparison basis of January 2014 to January 2015, we see that the average sales price dipped slightly from $267,892 in January 2014 to $260,837 for January 2015. Representing a 2.63% decline in the overall sales price for the greater St. George real estate market.

While January 2015’s overall days on market has increased for St. George Utah real estate listings, Southern Utah’s absorption rate – the number of months it would take to consume all of St. George’s real estate inventory – continued to decline to just over five months worth of inventory.

Dependent on the dollar amount of the sold St. George Utah real estate listings we’re referencing – some sectors did better than others when it came to obtaining 100% of their original list price in an acceptable real estate purchase contract. Again, view the summary statistics provided by the Washington County Board of Realtors within this blog post.

Boding well for the Southern Utah real estate market, and remaining on par with January 2014, the number of St. George Utah real estate listings sold during January 2015 held steady at 56 for the first month of 2015.

Of the 56 real estate listings sold during January 2015 in the greater St. George market, the numbers break down like this:

2  St. George Utah real estate listings sold for between $100,000 – $119,000

1   St. George Utah real estate listings sold for between $120,000 – $139,999

8  St. George Utah real estate listings sold for between $140,000 – $159,999

3 St. George Utah real estate listings sold for between $160,000 – $179,999

4 St. George Utah real estate listings sold for between $180,000 – $199,999

16 St. George Utah real estate listings sold for between $200,000 – $249,999

3 St. George Utah real estate listings sold for between $250,000 – $299,999

13 St. George Utah real estate listings sold for between $300,000 – $399,999

2 St. George Utah real estate listings sold for between $400,000 – $499,999

3 St. George Utah real estate listings sold for more than $500,000

St. George Utah Real Estate Market Statistics: January 2015 Update

St. George Utah Real Estate Market Statistics: January 2015 Update

With interest rates remaining near historic lows and the federal government’s newly implemented 3% down programs – there’s never been a better time to purchase St. George Utah real estate.

Should you have any questions about the southern Utah real estate market in St. George, or if you would like more information regarding any of the St. George Utah real estate listings found on www.UtahMLSrealestate.com – please do not hesitate to call or email me. I can easily be reached at (435) 619–2206, or just write me a quick email (435mls@gmail.com) outlining your questions, concerns or search criteria … and I will respond immediately.

* The above St. George Utah real estate summary of statistics is provided by the Washington County Board of realtors and their MLS system: This data excludes homes sold as “For Sale by Owners” and any other non-published real estate listings. Additionally, Alex Yeager and Fidelity Real Estate St. George are not responsible for the data and does not guarantee its accuracy.