It’s Monday, April 3, 2017, and over the past seven days, 67 single-family residential listings have successfully closed escrow in Washington County Utah. Also, according to this week’s Southern Utah Weekly Real Estate report, there were multiple sales in several neighborhoods since last Monday. From the Bloomington Country Club area to Sunriver, it was another busy week for southern Utah’s Realtors.
St. George Utah Weekly Real Estate Statistics
Of the 67 closed escrow’s occurring last week in Washington County, those homes priced appropriately, of which there were 40, sold in less than 30 days. Meanwhile, those Washington County MLS listings with an elevated ‘per sq. ft.’ languished on the market for an extended period. Understanding that more expensive homes take longer to sell, nine listings on the ‘High’ end of the MLS took more than six months to find the right buyer.
This past week in Washington County, the Median list price of a home for sale was a very reasonable $240,000 – perhaps too reasonable. Particularly since the Median sales price of a home in Washington County was $245,000. Meanwhile, the Average home in southern Utah listed for $277,575 and sold for $274,740. Netting approximately 98.91% of their original list price, those homes listed in the Average price range had a Cumulative Days on Market (CDOM) between 57 and 72 days.
Selling $18,407,623 worth of real estate in Washington County over the past seven days, those homes listed in the ‘High’ price category spent anywhere from 494 days to 981 days, trying to find the right buyer.
Top Five Washington County Real Estate Sales
- List Price: $749,900 – Sold Price: $734,900 – Days on Market: 22
- List Price: $625,000 – Sold Price: $625,000 – Days on Market: 24
- List Price: $549,900 – Sold Price: $540,000 – Days on Market: 18
- List Price: $529,900 – Sold Price: $510,000 – Days on Market: 29
- List Price: $415,500 – Sold Price: $509,683 – Days on Market: 18
Washington County Weekly Real Estate Report
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, April 3, 2017