How’s the Coral Canyon Real Estate Market? | September 2014 Report

by | Oct 8, 2014 | Market Reports | 0 comments

How’s the Coral Canyon Utah Real Estate Market? |  September 2014 Report

The Coral Canyon housing market slowed slightly in September 2014.   Available inventory increased in September and the average list price rose 11.87% 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 September 2014 there were 27 homes for sale in Coral Canyon and only 6 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 3 homes sold in Coral Canyon during August 2014~
1 home sold for between $150,000-$200,000
1 home sold for between $350,000-$400,000
1 home sold for between 400,000-$450,000
For a year over year comparison-

Average sales price for a home in Coral Canyon in September 2014 was $338,650-in 2013 it was $325,599.  Sales prices increased by 4.01% in September 2014 over September  2013.

Given the number of sales, there was  3.77 month’s supply of homes for sale in Coral Canyon at the end of September 2014. 

During the month of September 2014 on average, homes in Coral Canyon sold for 100.4% of their original listed price.

There were 27 homes for sale in Coral Canyon during September 2014 which is 3 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 Rogers – Your real estate resource guide. Serving St. George UT and surrounding communities.

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