55+ Communities in St George Utah | SunRiver 2013 Year End Market Report

The Sun River St George housing market is on FIRE as demand increases for this spectacular community!  Available inventory is shrinking and prices continue to rise. You’ll notice that sales prices are increasing and homes priced under $200,000 are diminishing quickly.  Check out the latest statistics below~SunRiver St George

  There were 186 homes sold in SunRiver during 2013-

3 homes sold for between $125,000-$150,000
28 homes sold for between $150,000-$200,000
39 homes sold for between $200,000-$250,000
32 homes sold for between $250,000-$300,000
41 home sold for between $300,000-$400,000
19 homes sold for between $400,000-$500,000
24 homes sold for more than $500,000

For a year over year comparison-

Average Sales Price in  2013 was $322,492-in  2012 it was $277,289. Sales prices increased 16.30% from 2012 to 2013. 

Given the number of sales, there is a 4.71 months supply of SunRiver homes for sale which is down 24.15% from last year at this time when there was approximately 6.21  months supply of SunRiver homes for sale.

During the year of 2013, homes in SunRiver sold for 95.1%-100.5% of their original listed price!

There were 306 homes for sale in  2013 which is 27 more than the previous year in 2012. 

Prices are great, although they look to be rising and inventory of homes for sale in SunRiver is declining too.  interest rates are at historic lows which makes this a wonderful time to purchase a home in SunRiver St George!  It looks like the St George Utah real estate market is bouncing back and prices are starting to rise.

You’d better hurry if you want take advantage of the great opportunities currently available in SunRiver!  According to the developer, building costs are on the rise, so now could be the perfect time to buy

 

If you have any questions about Sun River St George or would like more information about St George Utah homes for sale please feel free to email or call me, or visit my website, relocatetosunnystgeorge or call me at 435-229-8801.