A Washington Fields equestrian estate that closed escrow last Monday was the top real estate transaction in southern Utah for the week of May 21, 2018.
From Meadow Valley to Kachina Springs, Realtors on the Washington County Board successfully closed 64 single-family residential homes and/or condominiums/townhomes over the past seven days.
On the Multiple Listing Service for just 67 “Cumulative Days on Market,” the southernUtah equestrian estate was originally listed for $2,475,000 on February 16, 2018, and closed escrow on May 21, 2018, for $2,362,500.
Washington Fields, Meadow Valley, and Kachina Springs: 64 Listings Sold Week of May 21
Per the Washington County Board of Realtors (WCBR) Flex MLS statistics, a majority of last week’s successful real estate transactions closed escrow in less than a month: 32 properties sold in less than 30 days; 17 listings spent less than 60 days on the MLS; 7 properties took between 61 and 90 to close escrow, and 8 of last week’s sold real estate listings were on the MLS for more than 91 days.
Between May 21 – May 26, 2018, the Average List Price of a home sold in southern Utah was $368,966, while the Average Sold Price was $360,978.
Per the WCBR’s FlexMLS statistics, the Median List Price for a home sold in southern Utah last week was originally listed for $277,450 and sold for $275,000 – or approximately $166 per square foot.
Top Five Sold St. George Real Estate Listings
- List Price: $2,475,000 – Sold Price: $2,362,500 – Days on Market: 67
- List Price: $1,449,000 – Sold Price: $1,350,000 – Days on Market: 337
- List Price: $879,000 – Sold Price: $859,000 – Days on Market: 16
- List Price: $640,848 – Sold Price: $640,848 – Days on Market: 01
- List Price: $596,000 – Sold Price: $590,000 – Days on Market: 18
The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.
All photos provided by the Washington County Border Realtors, the Flex MLS System, and the listing Realtor. * Information is deemed to be reliable but is not guaranteed. © 2016 MLS and FBS. Prepared by ALEXANDER YEAGER, 435MLS.com on Sunday, May 27, 2018