Homes for Sale in Coral Canyon-St George UT | 2015 Year End Market Report
The Coral Canyon housing market is improving as demand increases for this spectacular community with low HOA fees and wonderful amenities! Sales prices increased 12.94% over 2014!
Available inventory is shrinking and prices continue to rise. You’ll also notice that homes priced under $200,000 are diminishing quickly. Check out the latest statistics below~
2 homes sold for between $100,000-$150,000
22 homes sold for between $150,000-$200,000
27 homes sold for between $200,000-$250,000
12 homes sold for between $250,000-$300,000
11 homes sold for between $300,000-$350,000
6 homes sold for between $350,000-$400,000
5 homes sold for between $400,000-$450,000
6 homes sold for between $450,000-$550,000
5 homes sold for between $550,000-$650,000
1 home sold for between $700,000-$750,000
For a year over year comparison-
Average sales price for a home in Coral Canyon in 2015 was $292,745-in 2014 it was $259,205. Sales prices increased 12.94% from 2014 to 2015.
Given the number of sales, there was 3.65 month’s supply of homes for sale in Coral Canyon at the end of 2015. This number is down -13.92% from 2014 when there was 4.24 months supply of homes for sale.
During the year 2015, homes in Coral Canyon sold for between 94%-99% of their original listed price.
There were 171 homes for sale in Coral Canyon during 2015 which is 17 more than in 2014.
Prices are great, although they seem to be rising and inventory of homes for sale in Coral Canyon is declining too. 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 will continue to improve in 2016.
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 Homes for Sale in Coral Canyon – St George UT 2015 Year End Market Report 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.
Also posted at http://stgeorgeutahrealestateforsale.com/2016/01/homes-for-sale-in-coral-canyon-st-george-ut-2015-year-end-market-report/