Coral Canyon in St George UT Real Estate Market Report |  November 2014

The Coral Canyon real estate market remained steady in November 2014.  Home sales dropped  from 11 last month to 10 in November. Available inventory increased slightly and the average list price rose 19.67% from the year before.
New construction in Coral Canyon is steady and the view lots are going quickly!  You’ll notice that sales prices are increasing and homes priced under $200,000 are diminishing quickly. In November 2014 there were 32 homes for sale in Coral Canyon and only 2 of them were priced under $200,000.
Not familiar with Coral Canyon?  Coral Canyon is a spectacular golf course community with low HOA fees and wonderful amenities, including indoor & outdoor pools for year round enjoyment, just to name a few of it’s highlights!
Check out the latest statistics below~
Coral Canyon Community
There were 10 homes sold in Coral Canyon during November 2014~
3 homes sold for between $145,000-$200,000
2 homes sold for between $200,000-$250,000
1  home sold for between $300,000-$350,000
1 home sold for between $350,000-$400,000
1 home sold for between $400,000-$450,000
2 homes sold for between $600,000-$650,000
For a year over year comparison-

Average sales price for a home in Coral Canyon in November 2014 was $364.033-in 2013 it was $251,057.  Sales prices increased by 45% in November 2014 over November  2013.

Given the number of sales, there was  4.57 month’s supply of homes for sale in Coral Canyon at the end of November 2014. 

During the month of November 2014 on average, homes in Coral Canyon sold for 100.6% of their original listed price.

There were 32 homes for sale in Coral Canyon during November 2014 which is 2 more than the year before.

Prices are great, although they look to be rising.  Inventory of homes for sale in Coral Canyon is better than last year although homes priced under $200,000 are limited.  Interest rates are at historic lows which makes this a wonderful time to purchase a home in St George!  It looks like the St George Utah real estate market is bouncing back and prices are starting to rise.

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 provided by: Erika RogersYour real estate resource guide. Serving St. George UT and surrounding communities.

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