Coral Canyon UT Home Sale December 2016 Report
Are you interested in Coral Canyon Homes for Sale near St George Utah? Then follow this link for details on the Coral Canyon Real Estate Market & Coral Canyon homes for sale.
The Coral Canyon area of St George Utah was in high demand through 2016! Home sales were down in December 2016 over December 2015 which is probably due to the lack of inventory. There were only 13 homes for sale in Coral Canyon during December 2016.
Homes for sale inventory was considerably less and the average list price was up 32.39% from the year before.
New construction in Coral Canyon is steady and the view lots are going quickly! You’ll notice that homes priced under $200,000 are diminishing quickly. In December 2016 there were 13 homes for sale in Coral Canyon and only 1of them was priced under $250,000.
Check out the latest statistics below~
There were 6 homes sold in Coral Canyon during December 2016~
1 home sold for between $150,000-$200,000
3 homes sold for between $200,000-$250,000
1 home sold for between $250,000-$350,000
1 home sold for between $450,000-$550,000
For a year over year comparison-
Average sales price for a home in Coral Canyon in December 2016 was $278,867 -in 2015 it was $289,191. Sales prices decreased by 3.57% in December 2016 over December2015. Average new listing price increased a whopping 32.39% from December 2015.
Given the number of sales, there was 1.24month’s supply of homes for sale in Coral Canyon at the end of December 2016.
In December 2016, on average homes in Coral Canyon sold for 97.3% of their original listed price.
There were 13 homes for sale in Coral Canyon during December 2016 which is 15 less than December 2015.
There are also custom homes being built in Coral Canyon and often times those sales are not reported to the multiple listing service.
Prices are great, although they seem to be rising. Inventory of homes for sale in Coral Canyon is slightly down than last year and homes priced under $200,000 are extremely limited, if nonexistent. Interest rates are still very low 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, 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 Coral Canyon UT Home Sale Report December 2016 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.