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Southern Utah Weekly Real Estate Report, June 9, 2017

Southern Utah Weekly Real Estate Report and Statistics: June 19, 2017

It’s Monday, June 19, 2017, and over the past seven days, southern Utah’s Realtors have successfully closed 33 real estate transactions in Washington County.

Projected to increase approximately 7% over the next 12 months, Utah’s real estate prices remain under dramatic pressure as many discover all the Beehive State has to offer. With looming interest rate hikes, decreasing inventory, and motivated buyers scouring the Internet, finding that perfect home in southern Utah requires a collaborative effort between technology and perseverance.

Of last week’s sold real estate listings, 18 officially closed escrow in just under 30 days, 6 closed escrow in less than 60 days, and another six listings took up to 90 days. As is generally the case, this week’s sold luxury listings took a bit longer than the average home to find the right buyer. Example: The 4,117 ft.² home in Coyote Springs, listed for $131.14 per square foot … closed escrow 117 days later for $128.01 per square foot. More value than price per square foot dependent; the home in Red Mountain Estates is a perfect illustration. Originally listed for $749,900 – or $279.92 per square foot – that listing closed escrow after only 28 days, for $268 per square foot.

Southern Utah Weekly Real Estate Statistics for June 19, 2017

June 9, 2017 Washington County Real Estate Statistics

Eighteen of last week’s 33 successful real estate transactions in Washington County received their Real Estate Purchase Contract (REPC), concluded their contingency period (due diligence), and closed escrow within 30 days.

And because perceived value matters, the remaining 15 Southern Utah real estate listings took significantly longer to find their respective buyer and close escrow: 6 closed escrow b/t 31-60 days; 6 closed in under 90 days; 2 took up to 120 days, and 1 was on the Washington County Board of Realtors (WCBR) Multiple Listing System (MLS) for more than 6 months.

Selling $12,824,100 worth of prime Washington County real estate for $12,576,770 – 54.55% of last week’s closed escrows completed their transaction in less than 30 days, receiving 98.10% of the Original List Price (OLP).

Top Five Sold Southern Utah Real Estate Listings

June 9th Washington County Weekly Real Estate Report: Top Five Sold Real Estate Listings

  1. List Price: $ 1,175,000 – Sold Price:  $1,140,000 – Days on Market:  47
  2. List Price:  $799,900 – Sold Price:  $750,000 – Days on Market: 86
  3. List Price:  $749,900 – Sold Price:  $718,500 – Days on Market: 28
  4. List Price:  $550,000 – Sold Price:  $550,000 – Days on Market: 28
  5. List Price:  $539,900 – Sold Price:  $527,000 – Days on Market: 127

Southern Utah Weekly Real Estate Report and Statistics: June 19, 2017

 St. George Utah Sold Real Estate Listings

June 9, 2017 Washington County Weekly Real Estate Report: Sold Real Estate Listings

 

Last week’s 33 closed escrow occurred in the following Washington County subdivisions: Avalon Meadowood, Bloomington country club, Buena Vista, Chapel Ridge, Canyon Terrace Estates, Coyote Springs, Estates at Hidden Valley, Fieldstone, Foster Hills South, Graham, Mill Creek Cottages, Monterey Stonebridge, Mulberry Estates, Paiute Springs at Entrada, Red Mountain Estates, The Ridge at St. George, Riverstone, Road Runner Ridge, Sage Creek, Santa Clara Heights, Santa Fe Red Cliffs, Shadow Bluff, Shadow Mountain, Stone Cove, Stone Point Townhomes, Sunriver, and The Vistas at Entrada.

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 19, 2017

St. George closed escrows,

Closed Escrows: The Ledges of St. George, Coral Canyon, plus many more

Surging nicely 20 days before Christmas 2016, Southern Utah’s Washington County enjoyed 48 closed escrows over the past seven days. Representing solid sales for the area’s single-family residential real estate listings and/or townhomes & condominiums, one listing at The Ledges at St. George closed escrow for $187 per square foot.

The Ledges of St. George

Just a short five-minute drive north of downtown St. George, The Ledges offers sanctuary for both golf enthusiasts and lovers of nature. Creating a sophisticated southwestern paradise where the blissful interaction between nature and comfort coexist effortlessly, “The Ledges”  transfix their fortunate residents with beauty, golf, and convenience. Surrounded by 360° of breathtaking scenery and world-class amenities, The Ledges of St. George offers an elevated lifestyle for their sophisticated homeowners.

THE LEDGES OF ST. GEORGE

THE LEDGES OF ST. GEORGE

Dissimilar to many of southern Utah’s golf communities, The Ledges of St. George provides their residents an elevated, bird’s eye view of Southern Utah’s Snow Canyon State Park and the surrounding area. Also providing family-centric amenities, The Ledges of St. George offers its lucky residents unfettered access to the 7,200-yard, Matt Dye designed 18-hole championship golf course. From the well-appointed clubhouse featuring the Fish Rock Grille, to the community’s system of endless hiking, biking, and horseback trails – The Ledges of St. George has it all.

Sold Washington County Real Estate

As for the 48-closed escrows occurring in Washington County over the past seven days, that represents a relatively busy week. Particularly considering Christmas is just around the corner. As such, last week’s 48-closed escrows ranged from a sales price of $825,000 on the high-end to $95,000 on the low-end.

Top Five Southern Utah Real Estate Sales

  1. List Price: $850,000 – Sold Price: $825,000 – Days on Market: 432
  2. List Price: $519,900 – Sold Price: $541,217 – Days on Market: 224
  3. List Price: $559,900 – Sold Price: $540,000 – Days on Market: 47
  4. List Price: $475,000 – Sold Price: $460,000 – Days on Market: 68
  5. List Price: $472,900 – Sold Price: $457,500 – Days on Market: 13

Washington County subdivisions

This week’s southern Utah real estate sales have occurred in the following subdivisions: Avallon Meadow, Bloomington Gardens, Bluff Shadows, Casita Del Sol, Citadel, Color View, Coral Canyon, Cornerstone, East Ridge, Hidden Valley, Estrellla, Galilee Heights, Gentry Lane, Ironwood, Kings Row, Las Palmas, Last Sun Green Spring, The Ledges of St. George, The Legacy, Millcreek Springs Townhome, Oakwood Estates, Overlook Green Valley, Paiute Spring Entrada, Paradise Villa At Zion, Redfield Estates, The Ridge At St. George, River Crest Townhomes, Santa Clara Heights, Santa Maria Sunbrook, Shadow Canyons, Shadow Springs, Silver Creek, Slick Rock, Southwind, SunRiver, and Sunset Plateau

Closed Escrows: The Ledges at St. George, Coral Canyon

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

1

$825,000
2086 W RISING SUN Drive
St George, UT 84770
Closed / 15-168369  

850,000825,00011/29/2016432193.18 / 187.5

2

$541,217.5
3800 N Paradise Village Drive 11
Santa Clara, UT 84765
Closed / 15-168299  

Status Change

519,900541,217.512/02/2016224142.63 / 148.48

3

$540,000
2112 N CASCADE CANYON Drive
St George, UT 84770
Closed / 16-178768  

Status Change

559,900540,00011/30/201647143.56 / 138.46

4

$460,000
176 S Puerto Drive
Ivins, UT 84738
Closed / 16-178655  

475,000460,00011/28/201668194.99 / 188.83

5

$457,500
3070 E Seegmiller
St George, UT 84790
Closed / 16-179661  

Status Change

472,900457,50012/01/201613124.02 / 119.98

6

$450,000
269 N Painted Hills Drive
Ivins, UT 84738
Closed / 16-174731  

Status Change

464,900450,00012/01/2016145144.87 / 140.23

7

$440,000
834 N Dusk Circle
St George, UT 84770
Closed / 16-179577  

449,000440,00011/28/20161106.6 / 104.46

8

$425,000
2534 E 3000 Circle S
St George, UT 84790
Closed / 16-174580  

Status Change

436,000425,00011/30/2016117116.45 / 113.51

9

$420,000
1541 N Fairway
Washington, UT 84780
Closed / 16-176352  

Status Change

440,000420,00012/02/2016181174.74 / 166.8

10

$390,000
1424 Morane Manor
St George, UT 84790
Closed / 16-179193  

Status Change

404,900390,00011/29/201641227.6 / 219.22

11

$389,900
3275 S JORDAN Lane
Washington, UT 84780
Closed / 16-178017  

Status Change

389,900389,90011/29/201669123.74 / 123.74

12

$385,000
74 W DIXIE COUNTRY Lane
Washington, UT 84780
Closed / 16-178046  

Status Change

400,000385,00011/28/201675166.67 / 160.42

13

$380,184
93 S Chalon lot 64
St George, UT 84770
Closed / 16-179678  

Status Change

369,900380,18412/02/201627150.98 / 155.18

14

$350,000
255 N 1240 W
St George, UT 84770
Closed / 16-179625  

375,000350,00011/28/20162895.81 / 89.42

15

$333,574
3097 E 3230 S
St George, UT 84790
Closed / 16-180429  

Status Change

333,574333,57412/01/201610149.58 / 149.58

16

$325,000
375 E Rome Drive
St George, UT 84790
Closed / 16-179044  

327,400325,00011/28/201616161.44 / 160.26

17

$320,000
1588 E 10 S
St George, UT 84770
Closed / 16-180817  

Status Change

320,000320,00012/01/20161146.65 / 146.65

18

$318,900
1795 N SNOW CANYON Parkway 54
St George, UT 84770
Closed / 16-178176  

318,900318,90011/28/201697160.25 / 160.25

19

$296,000
1342 N High Cliffs Drive
Washington, UT 84780
Closed / 16-180430  

295,000296,00011/28/20169127.93 / 128.36

20

$286,000
529 W Washington Palms Way
Washington, UT 84780
Closed / 16-179260  

Status Change

289,000286,00012/02/201634155.13 / 153.52

21

$285,000
2652 Desert Springs
St George, UT 84770
Closed / 16-179711  

Status Change

289,999285,00011/29/201621146.17 / 143.65

22

$283,000
1352 W SOUTHWIND Drive
St George, UT 84770
Closed / 16-179395  

Status Change

283,000283,00011/30/2016891.47 / 91.47

23

$279,900
2255 N Tuweap #57
St George, UT 84770
Closed / 16-178649  

279,900279,90011/28/201670201.95 / 201.95

24

$271,000
19 W 520 S
Ivins, UT 84738
Closed / 16-176146  

284,900271,00011/28/2016142163.08 / 155.12

25

$257,406
848 W 4050 S
St George, UT 84790
Closed / 16-180357  

Status Change

257,400257,40612/01/20162168.46 / 168.46

26

$250,000
3299 E WILLOW SPRINGS Drive
Washington, UT 84780
Closed / 16-178525  

Status Change

265,000250,00011/29/201674164.6 / 155.28

27

$250,000
1111 PLANTATION Drive 108
St George, UT 84770
Closed / 16-178623  

250,000250,00011/28/201658208.33 / 208.33

28

$243,000
2267 E 90 S
St George, UT 84790
Closed / 16-179731  

Status Change

249,900243,00011/30/201615154.16 / 149.91

29

$241,500
1732 W 540 N #38
St George, UT 84770
Closed / 16-179863  

239,900241,50011/28/201627125.6 / 126.44

30

$241,000
2334 S River #69
St George, UT 84790
Closed / 16-180267  

241,000241,00011/28/201614155.99 / 155.99

31

$239,000
3749 MULBERRY Drive
St George, UT 84790
Closed / 16-179663  

Status Change

229,900239,00012/01/2016899.96 / 103.91

32

$238,900
2112 S Legacy Drive
St George, UT 84770
Closed / 16-180310  

239,000238,90011/29/20161131.83 / 131.77

33

$226,000
1724 W 680 S
St George, UT 84770
Closed / 16-179130  

Status Change

226,900226,00012/02/201638110.25 / 109.82

34

$207,500
4474 HOLLY GRAPE Lane
St George, UT 84790
Closed / 16-179432  

Status Change

209,900207,50011/28/201624165.93 / 164.03

35

$207,000
4349 S ASPEN GLOW Drive
St George, UT 84790
Closed / 16-179718  

Status Change

209,900207,00012/01/201629189.44 / 186.82

36

$197,000
2795 E Slick Rock Road
Washington, UT 84780
Closed / 16-180104  

Status Change

200,000197,00012/01/201618172.41 / 169.83

37

$195,000
459 N Northridge Avenue
St George, UT 84770
Closed / 16-179346  

Status Change

202,000195,00011/30/201632123.25 / 118.97

38

$192,000
1888 N 2070 W
St George, UT 84770
Closed / 16-180095  

Status Change

194,500192,00012/01/201614158.13 / 156.1

39

$187,900
4452 S Big River Drive
St George, UT 84790
Closed / 16-179762  

189,900187,90011/30/201613158.51 / 156.84

40

$181,500
1807 DESERT DAWN Drive
Santa Clara, UT 84765
Closed / 16-177018  

200,000181,50011/28/201610395.24 / 86.43

41

$179,000
1959 N 2070 W
St George, UT 84770
Closed / 16-179591  

Status Change

185,000179,00011/30/201616168.49 / 163.02

42

$165,900
604 S 100 W
St George, UT 84770
Closed / 16-180458  

Status Change

164,900165,90011/30/20164128.93 / 129.71

43

$159,900
370 W Buena Vista Boulevard #94
Washington, UT 84780
Closed / 16-176832  

Status Change

159,900159,90012/02/201620121.78 / 121.78

44

$150,000
2056 E Middleton #8
St George, UT 84770
Closed / 16-179734  

Status Change

149,900150,00012/01/20166107.69 / 107.76

45

$122,500
1045 N 1725 #149
St George, UT 84770
Closed / 16-179657  

Status Change

117,000122,50012/01/201623111.01 / 116.22

46

$115,000
180 N 1100 E #121
Washington, UT 84780
Closed / 16-177554  

118,699115,00011/29/201695106.46 / 103.14

47

$115,000
1845 W Canyon View Drive #1419
St George, UT 84770
Closed / 16-180589  

Status Change

115,000115,00011/30/201619228.17 / 228.17

48

$98,500
361 W 500 N #2
St George, UT 84770
Closed / 16-179321  

95,00098,50011/28/2016396.74 / 100.31

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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 Monday, December 5, 2016