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St George Utah Real Estate Market Conditions~October 2011

By
Real Estate Agent with Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage DRE#5660491-SA00

St George Utah Real Estate Market Conditions for October 2011 experienced a little up tick in prices, but decrease in volume.  In September, 2011 the average sales price was $172,077, for October 2011 the average sales price was $205,684 which is approximately a 20% increase in sold prices! Sales were down from 264 homes sold in September to 231 homes sold in October which is a 12.5% decrease in number of units sold.

 

Inventory is still high, interest rates are at unheard of lows and opportunity abounds for purchasing a great deal in St George Utah!

Views from Kayenta Desert Community

St George Utah Real Estate Market Statistics for October 2011 are as follows~

 

Supply and Demand Report
For 10/1/2011 To 11/1/2011
Todays date: 11/2/2011
Price Range: 0 to 999,999,999,999

Property Type: Residential
Current Active Listings
Totals
Number
1,720
List Price Volume
525,206,581
List Price Average
305,353
Average Days on Market
144
Total Sold  
Number
231
List Price Volume
49,467,154
List Price Average
214,144
Sale Price volume
46,484,613
Sale Price Average
205,684
Average Days on Market
130
Under Contract Listings  
Number
273
List Price Volume
60,742,901
List Price Average
222,501
Average Days on Market
94
Back On Market Listings  
Number
93
List Price Volume
18,712,745
List Price Average
201,212
Expired Listings  
Number
200
List Price Volume
65,460,137
List Price Average
327,301
Average Days on Market
236
Withdrawn Cancelled Listings  
Number
99
List Price Volume
29,038,963
List Price Average
293,323
Average Days on Market
165

 

Posted by

                                               

Specializing in 55+ communities, vacation & second homes, golf course homes, luxury homes and vacation rentals for sale in St George, Washington, Ivins, Santa Clara and Hurricane Utah. 

Please feel free to contact me at 435-229-8801 if I can assist you in any way with St. George Utah Real Estate or St George Utah Homes for Sale.

 

 

 

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Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

Erika - where was that picture taken?  Is it that subdivision west of Santa Clara, with the artists colony?  If so, I can't remember the name of it - have you blogged about it?

Nov 05, 2011 05:19 PM
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

Hi Virginia, this was taken in Kayenta Desert Community.  I've written a couple of posts about that beautiful community, thanks for stopping by:)

Nov 07, 2011 11:00 AM