St George Utah Housing Market Conditions~April 2012

St George Utah Housing Market Conditions showed marked improvement  in April 2012 from April 2011.  Average sales price increased from $189,609 in 2011 to $202,598 in 2012 which is approximately a 7% increase. Total number of homes sold in April 2012 decreased, from 292 sold in April  2011 to 235 sold in April 2012.  Total number of sales is slightly down, but average sales prices are on the rise.

The total number of homes for sale in St George Utah that were listed on the Washington County UT mls in the month of April 2012 was 1543.  There were 308 homes “under contract” and pending sale during April 2012.

St George Utah Luxury Homes

Inventory is decreasing slightly, and prices are slowly rising.  The real estate market in St George Utah seems to be improving because of these indicators.  Homes that are priced under $200,000 and in good condition are in high demand and often times  receiving multiple offers.  If you’ve been on the fence waiting for prices to to stabilize, now may be the time to buy!

Supply and Demand Report
For 4/1/2012 To 4/30/2012
Todays date: 5/3/2012
Price Range: 0 to 999,999,999,999

Property Type: Residential
Current Active Listings
Totals
Number
1,543
List Price Volume
532,148,010
List Price Average
344,879
Average Days on Market
128
Total Sold
Number
235
List Price Volume
49,796,134
List Price Average
211,898
Sale Price volume
46,192,353
Sale Price Average
202,598
Average Days on Market
116
Under Contract Listings
Number
308
List Price Volume
64,921,301
List Price Average
210,783
Average Days on Market
99
Back On Market Listings
Number
104
List Price Volume
33,516,107
List Price Average
322,270
Expired Listings
Number
114
List Price Volume
38,364,391
List Price Average
336,530
Average Days on Market
230
Withdrawn Cancelled Listings
Number
111
List Price Volume
36,209,639
List Price Average
326,213
Average Days on Market
153
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