Southern Utah’s Realtors sold more than $13M in real estate for the week of September 25, 2017
St. George, Utah – it’s Monday, October 2, 2017, and over the past seven days, members of the Washington County Board of Realtors have successfully closed 45 real estate transactions in Washington County.
Southern Utah’s diligent Realtors apparently didn’t get the message that Americans are buying fewer homes based on four debatable rationales: fear of the process, down payments, millennial contempt, and job instability. Bucking the trend, Washington County Realtors ended September on a strong note.
Dubious rationale and fears aside, of last week’s 45 closed escrow’s – 32 real estate listings closed in less than 30 days. An incredible task given today’s lending requirements, one can only assume a majority of those escrows closing less than 30 days were all cash transactions.
Selling faster than their more expensive cohorts, southern Utah real estate listings falling between the Median” and “Low “price per square foot” received 98% of their Original List Price during the last week of September.
Southern Utah Weekly Real Estate Statistics For Week of September 25
For the week of September 25, 2017, the Average Sold Price for a real estate listing in southern Utah was $306,351. With a list price of $198 per square foot (PSF), those homes falling within the Average PSF price range sold in another 43 days for approximately $194 per square foot. Medium priced real estate listings in Washington County for the last week of September had an average sales price of approximately $276,000 and an average list price of $275,500.
Top Five Sold Southern Utah Real Estate Listings
- List Price: $1,399,900 – Sold Price: $1,360,000 – Days on Market: 51
- List Price: $849,900 – Sold Price: $834,000 – Days on Market: 15
- List Price: $564,000 – Sold Price: $535,000 – Days on Market: 16
- List Price: $444,900 – Sold Price: $430,000 – Days on Market: 05
- List Price: $419,000 – Sold Price: $419,000 – Days on Market: 18
Sold St. George Utah Weekly Real Estate Report
Southern Utah’s 45-closed escrow as occurred in the following subdivisions during the last week of September 2017: Bella Sol, Bloomington Gardens, Bloomington Hills, Bloomington Ranchers, Bridal Gate Estates, Coral Canyon, Coral Ridge Townhomes, Desert Hills, Knolls Little Valley, Monterey Stonebridge, Panorama Park, Paradise Canyon, Petroglyphs Canyon, Rio Virgin, Sage View, Shonto Point at Entrada, Siena Heights Garden, Sports Village, Sugar Plum In the Fields, Sun River, Sunset Plateau, Tamarack At St. George Golf Course, Stone Mountain, Washington fields, and The Village Heights.
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, October 2, 2017