55+Adult Communities in St George Utah | SunRiver St George Housing Market Report for May 2013

 Sun River St George is the premier active adult 55+ community in southern Utah. Residents of Sun River can enjoy golf, lawn bowling, horseshoes, walking, biking and pickleball to name a few of the amenities offered.  Don’t mistake that Sun River St George is  a “rest home”.  It is probably the furthest thing from it! There is a calendar full of events and activities provided for it’s residents to enjoy. Think of it as a cruise on land.

There were 24 homes sold in SunRiver during the month of May 2013-SunRiver St George

1 home sold for between $100,000-$150,000
4 homes sold for between $150,000-$200,000
7 homes sold for between $200,000-$250,000
4 homes sold for between $250,000-$300,000
3 homes sold for between $300,000-$350,000
2 homes sold for between $350,000-$400,000
2 homes sold for between $400,000-$450,000
1 home sold for between $500,000-$550,000
For a year over year comparison-

 

Average Sales Price in May 2013 was $291,511-May 2012 was $272,106. Sale prices increased 30.50% last month and 7.13% in May 2013!

In May 2013, homes in SunRiver were sold for 96.2% of their original listed price!

There were 50 homes for sale in May 2013 which is 17 less than last year at the same time.  Inventory has decreased by 25.4% and will continue to decline as demand rises.

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 opportunites 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.

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