St George Utah Homes for Sale |Market Report for October 2013
Below is a graph tracking the St George Utah real estate market statistics through October 2013.
The real estate market has definitely improved here in St George for 2013. The buying market is becoming very competitive, especially in the under $250k price range. Average sales price of a home in St George for October 2013 was $229,701. Average days on the market is currently 103.
The inventory of homes for sale increased slightly in October 2013 whiles sales dropped. The inventory of homes priced under $250,000 is declining and the sales statistics reflect this drop.
According to the Washington County MLS there is 8.92 months worth of available inventory. There were 246 homes sold during the month of October 2013.
The number of foreclosures is decreasing as well as Notices of Default. Many sellers are receiving multiple offers if their homes are in good condition and priced competitively. Homes in Coral Canyon continue to be very popular but the homes priced under $250,000 are diminishing.
SunRiver St George 55+ community also continues to show stronger numbers than other areas, due to higher demand from the 55+ active adult community buyers. There are currently 16 homes pending sale in SunRiver and 39 homes for sale.