St George UT Housing Market Report for March 2013
Below is a graph tracking the St George Utah real estate market statistics through March 2013.
The inventory of homes for sale rose slightly and sales increased slightly for the month of March as you can see from the graph. The number of foreclosures is decreasing as well as Notices of Default. Many sellers are receiving multiple offers if their homes are in good condition and priced competitively. Demand is high for homes priced under $250,000. Homes in Coral Canyon continue to be very popular and there is a good selection priced under $250,000.
SunRiver St George also continues to show stronger numbers than other areas, due to higher demand from the 55+ active adult community buyers. In the month of March, there were 15 new construction homes and 11 existing homes sold in Sun River! The developer says that March 2013 was one of the best months for sales in recent years.