St George Utah Housing Market Report | August 2015

Here’s the St George Utah Housing Market Report for August, 2015.  Below is a graph tracking the St George Utah homes for sale market statistics through August 28, 2915.  Are you interested in St George Utah homes, if so click on this link for St George Utah homes for sale information.

The real estate market definitely improved here in St George during 2014 and the continues to improve in 2015!  The buying market is becoming very competitive, especially in the “under $250k” price range.  Average sales price of a home in St George through 8/28/15 was $253,235.  Average days on the market is currently 71.

There have been 2739 home sales to date in the great St George area and there are currently 1652 homes for sale.

The number of St George foreclosures has decreased dramatically, as well as Notices of Default.  Many sellers are receiving multiple offers if their homes are in good condition and priced competitively.   Homes for sale in Coral Canyon continue to be very popular but the homes priced under $250,000 are diminishing.

Sun River 55+ adult community also continues to show stronger numbers than other areas, due to higher demand from the 55+ active adult community buyers. There are currently 34 homes pending sale in SunRiver and 50 homes for sale.

Supply and Demand Report

For 1/1/2015 To 8/28/2015
Todays date: 8/28/2015
Price Range: 0 to 999,999,999,999
 

Property Type: Residential
Current Active Listings
Totals
Number
1,651
List Price Volume
669,709,242
List Price Average
405,639
Average Days on Market
111
Average Cumulative Days on Market
152
Total Sold
Number
2739
List Price Volume
709,486,970
List Price Average
259,031
Sale Price volume
685,507,451
Sale Price Average
253,235
Average Days on Market
71
Average Cumulative Days on Market
100
Under Contract Listings
Number
3,018
List Price Volume
772,895,890
List Price Average
256,095
Average Days on Market
70
Average Cumulative Days on Market
98
Back On Market Listings
Number
787
List Price Volume
225,708,332
List Price Average
286,796
Expired Listings
Number
905
List Price Volume
363,275,366
List Price Average
401,409
Average Days on Market
217
Average Cumulative Days on Market
271
Withdrawn Cancelled Listings
Number
1,216
List Price Volume
462,578,284
List Price Average
380,410
Average Days on Market
125
Average Cumulative Days on Market
169
Property Type: Land, Lot & Water
Current Active Listings
Totals
Number
1,988
List Price Volume
626,370,089
List Price Average
315,075
Average Days on Market
221
Average Cumulative Days on Market
340
Total Sold
Number
483
List Price Volume
60,671,153
List Price Average
125,613
Sale Price volume
49,379,135
Sale Price Average
106,421
Average Days on Market
160
Average Cumulative Days on Market
252
Under Contract Listings
Number
502
List Price Volume
68,093,155
List Price Average
135,644
Average Days on Market
147
Average Cumulative Days on Market
235
Back On Market Listings
Number
269
List Price Volume
54,799,662
List Price Average
203,716
Expired Listings
Number
1,032
List Price Volume
226,443,435
List Price Average
219,422
Average Days on Market
341
Average Cumulative Days on Market
433
Withdrawn Cancelled Listings
Number
457
List Price Volume
124,686,299
List Price Average
272,837
Average Days on Market
207
Average Cumulative Days on Market
377

 

This St George Utah Housing Market Report  – August 2015 information is brought to you by: Erika Rogers – your real estate leader in St. George, UT and surrounding communities. She specializes in new construction, golf course communities, gated communities, 55+ adult communities, St. George luxury real estate, and foreclosures in all Southern Utah communities

The above information was taken from data on the Washington County Utah MLS. Neither the Washington County MLS, ReMax First Realty or Erika Rogers  guarantees or is responsible for its accuracy.  Market data does not show FSBO, non broker members listings, or listings not published.