Sun River 55+ Community in St George Utah | Market Report for March 2013
Sun River St George is the premier active adult 55+ community in southern Utah. Residents of Sun River can enjoy golf, lawn bowling, horseshoes, walking, biking and pickleball to name a few of the amenities offered. Don’t mistake that Sun River St George is a “rest home”. It is probably the furthest thing from it! There is a calendar full of events and activities provided for it’s residents to enjoy. Think of it as a cruise on land!
There were 11 homes sold in SunRiver during the month of March 2013-
1 home sold for between $160,000-$180,000
1 home sold for between $180,000-$200,000
4 homes sold for between $200,000-$250,000
2 homes sold for between $250,000-$300,000
1 home sold for between $300,000-$400,000
1 home sold for between $400,000-$500,000
1 home sold for between $500,000-$600,000
For a year over year comparison-
Average Sales Price in March 2013 was $288,245-March 2012 was $239,931. That’s an 20.14% increase in average sales price from last year!
In March, homes in SunRiver were selling for 95.5% of their original listed price!
There were 59 homes for sale in March 2013 which is 21 less than last year at the same time. Inventory has decreased by 26.2% and will continue to decline as demand rises.
Prices are great, inventory is plentiful and interest rates are at historic lows making this a wonderful time to purchase a home in SunRiver St George! It looks like the St George Utah real estate market is bouncing back and prices are starting to rise. You’d better hurry if you want take advantage of the great opportunites currently available in SunRiver! According to the developer, building costs are on the rise, so now could be the perfect time to buy…
If you have any questions about Sun River St George or would like more information about St George Utah homes for sale please feel free to email or call me, or visit my website, relocatetosunnystgeorge or call me at 435-229-8801.