Coral Canyon Community near St George UT

The Coral Canyon Community has lots of amenities and is located near St George UT.  If you are looking for a community that offers pools, tennis, a clubhouse, pickleball and golf in the St George area, Coral Canyon may be right for you!! Take a look at homes currently for sale in the planned community of Coral Canyon by following this link for details – Coral Canyon Real Estate Market & Coral Canyon homes for sale.

Coral Canyon residents enjoy indoor & outdoor pools & spas, an outdoor wading pool for the little ones, a fabulous fitness center, comfortable clubhouse, basketball & tennis courts too!  There are also 10 miles of walking trails within the community for residents to use.

Homes in the Coral Canyon golf course community are in high demand and inventory remains low. This spectacular community with low HOA fees and wonderful amenities is highly sought after, homes do not stay on the market long! Coral Canyon’s proximity to I-15 and location on the north end of town make it super convenient for northern Utah residents.

There is also a new section of Coral Canyon that is zoned for nightly/weekly rentals.  This is a wonderful option for the buyer who would like to offset some of the expenses of owning a second home.

Available inventory is shrinking and prices continue to rise. In September there were only 2 homes priced under $300,000.   Check out the latest statistics below~

There were 9 homes sold in Coral Canyon during September 2019

• 1 home sold for between $200,000 and $250,000
• 2 homes sold for between $250,000 and $300,000
• 1 home sold for between $300,000 and $350,000
• 3 homes sold for between $350,000 and $400,000
• 1 home sold for between $400,000 and $450,000
• 1 home sold for between $500,000 and $750,000

For a year over year comparison-

The average sales price for a home in Coral Canyon in September 2019 was $353,770 -in 2018 it was $331,549.  Sales prices increased by 6.7% from September 2018 to September 2019.

Given the number of sales, there was a 4 month supply of homes for sale in Coral Canyon in September 2019.  A healthy market usually has between 5-6 months supply of homes.  That would mean that Coral Canyon is experiencing a “seller’s market” situation.

Homes in Coral Canyon sold for 97.2% of their original listed price in September 2019.

There were 22 homes for sale in Coral Canyon during September 2019 which is 9 more than September 2018.  Keep in mind some of the new inventory is “nightly/weekly vacation rental property” not single-family dwellings.

As you can see from the information above, prices are rising and inventory of homes for sale in Coral Canyon is extremely low.  Interest rates are still at near historic lows,  which makes this a wonderful time to purchase a home in St George!

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

If you’re interested in a home for sale in Coral Canyon give me a call and I’ll be happy to help you find the one that’s right for you!  Or if you’re considering selling your Coral Canyon home call me, Erika Rogers at 435.229.8801 to see how I can help you!   Find out more about me and how I can assist home sellers and buyers at www.RelocatetoSunnyStGeorge.com