55+ Communities in St George Utah | Sun River Market Report November 2015

Are you interested in 55+ Communities in St George UT?  If so then follow this link for details on  55 + communities in the St George Utah area.

SunRiver is the premier 55+ community in St George Utah! Sun River offers it’s residents a calendar full of events and activities as well as wonderful amenities.

The Sun River St George  real estate market remained strong during the month of November 2015.  Available inventory was down and prices continue to rise. You’ll notice that sales prices fell 18.42%  and there were only 2 homes priced under $200,000 for sale.  There were 43 homes for sale in SunRiver  November 2015.  Check out the latest statistics below~

SunRiver St George

  There were 18 homes sold in SunRiver during November 2015-

3 homes sold for between $150,000-$200,000
3 homes sold for between $200,000-$250,000
2 homes sold for between $250,000-$300,000
2 homes sold for between $300,000-$350,000
3 homes sold for between $350,00-$400,000
1 home sold for between $450,000-$500,000
2 homes sold for between $500,000-$600,000
1 home sold for between $600,000-$700,000
1 home sold for between $800,000-$850,000

For a year over year comparison-

Average Sales Price in November 2014 was $413,961-in November 2015 it was $337,727. Sales prices decreased 18.42% year over year in November. 

Given the volume of sales, there was a 2.47 month supply of SunRiver homes for sale in November which is down 49.59% from last year at this time when there was approximately 4.9 month supply of SunRiver homes for sale.

During the month of November 2015, homes in SunRiver sold for 97.8% of their original listed price!

There were 43 homes for sale in November which is 33 less than the previous year in 2014. 

Prices are great, although they are rising and inventory of homes for sale in SunRiver is significantly lower indicating a greater demand for them!  Interest rates are still great which makes this a wonderful time to purchase a home in SunRiver St George!  It looks like the St George Utah 55+ Communities market remains strong 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 me or visit my website, relocatetosunnystgeorge or call me at 435-229-8801.

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.

This 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.

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