Two in Entrada, two in Kayenta, three in Bloomington Hills, four in Sun River St. George, and four in Horizons West – it was another hectic week for southern Utah Realtors in Washington County.
It’s Monday, May 1, 2017, and over the past seven days Realtors in the greater St. George area successfully closed 60 escrows. Comprised of either single-family freestanding residential homes or condominium/townhomes, the following data points are statistical averages of last week’s successful transactions.
Southern Utah Weekly Real Estate Statistics
From Bloomington Country Club to Horizons West, several subdivisions within Washington County witnessed their inventory getting thinner and their real estate comps getting higher. Of last week’s 60 closed escrow’s, 34 found their buyers, removed their contingency, and closed within 30 days. Last week, the ‘Average’ Sold Price of a home in southern Utah was $347,273. Based an average ‘List Price’ of $354,940, those homes within Average List Price spent 109 Collective Days on Market.
Selling considerably faster, those homes falling within the Median price range closed escrow in approximately 20 days. Listed for approximately $147 per square foot, median priced homes over the past seven days typically sold for $144 per square foot, or 98.22% of their original list price.
Top Five Sold Southern Utah Real Estate Listings
- List Price: $ $1,190,000 – Sold Price: $1,120,000 – Days on Market: 28
- List Price: $959,000 – Sold Price: $927,000 – Days on Market: 94
- List Price: $869,900 – Sold Price: $850,000 – Days on Market: 170
- List Price: $739,900 – Sold Price: $715,000 – Days on Market: 187
- List Price: $699,900 – Sold Price: $702,900 – Days on Market: 73
Southern Utah Realtors Closed 60 Escrows in 7 days
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 1, 2017