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
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
- List Price: $479,000 – Sold Price: $472,000 – Days on Market: 04
- List Price: $239,900 – Sold Price: $462,000 – Days on Market: 29 (?)
- List Price: $499,000 – Sold Price: $445,000 – Days on Market: 34
- List Price: $325,000 – Sold Price: $425,000 – Days on Market: 194 (?)
- List Price: $425,000 – Sold Price: $420,000 – Days on Market: 31
Cobblestone, Cheyenne, and Castle Rock: 37 Listings Closed Last Week
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