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.
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Withdrawn Cancelled Listings | |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
|