Homes for Sale in Coral Canyon | St George Utah Home | Market Report for  July 2014

The Coral Canyon housing market picked up just a tad in July 2014.  Not familiar with Coral Canyon?  Coral Canyon is a spectacular community with low HOA fees and wonderful amenities, including indoor & outdoor pools for year round enjoyment!  Available inventory dropped in July  and prices continue to rise. New construction in Coral Canyon is also picking up and the view lots are going quickly!  You’ll notice that sales prices are increasing and homes priced under $200,000 are diminishing quickly.  Check out the latest statistics below~
Coral Canyon Community

There were 5 homes sold in Coral Canyon during July 2014~

1 home sold for between $150,000-$200,000
1 home sold for between $200,000-$250,000
1 home sold for between $400,000-$450,000
1 home sold for between $450,000-$500,000
There was one additional sale but the sales price was not disclosed on the mls. The home was 1183 s.f. 2 bed, 2 bath listed for $145,000

For a year over year comparison-

Average sales price for a home in Coral Canyon in July 2014 was $325,738-in 2013 it was $193,113.  Sales prices increased by  68.68% in July 2014 over July  2013.

Given the number of sales, there was  4.94 month’s supply of homes for sale in Coral Canyon at the end of July 2014. 

During the month of July 2014 on average, homes in Coral Canyon sold for 98.9% of their original listed price.

There were 35 homes for sale in Coral Canyon during July 2014 which is 13 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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