St George Utah Housing Market Conditions~May 2012

St George Utah Housing Market Conditions showed marked improvement in May 2012 from May 2011.  Average sales price increased from $191,949 in 2011 to $209,675 in 2012 which is approximately a 9.23% increase. Total number of homes sold in May 2012 increased, from 211 sold in May 2011 to 213 sold in May 2012.  Total number of sales is slightly higher and the average sales prices are on the rise.

The total number of homes for sale in greater St George Utah that were listed on the Washington County UT mls in the month of May 2012 was 1453.  There were 231 homes "under contract" and pending sale during May 2012.

Homes for sale in St George Utah

Inventory is steadily decreasing, 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!

Below is the Supply & Demand Report for the month of May 2012~

Supply and Demand Report
For 5/1/2012 To 5/31/2012
 Todays date: 6/4/2012
 Price Range: 0 to 999,999,999,999

Property Type: Residential
Current Active Listings
Totals
Number
1,584
List Price Volume
540,502,025
List Price Average
341,226
Average Days on Market
122
Total Sold  
Number
287
List Price Volume
59,617,170
List Price Average
207,725
Sale Price volume
55,451,760
Sale Price Average
198,752
Average Days on Market
117
Under Contract Listings  
Number
296
List Price Volume
63,198,990
List Price Average
213,510
Average Days on Market
96
Back On Market Listings  
Number
110
List Price Volume
26,954,438
List Price Average
245,040
Expired Listings  
Number
113
List Price Volume
34,112,037
List Price Average
301,876
Average Days on Market
218
Withdrawn Cancelled Listings  
Number
140
List Price Volume
45,377,804
List Price Average
324,127

Average Days on Market

              

Erika Rogers, your St George real estate specialist

Re/Max First Realty

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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2 Comments on St George Housing Market Conditions~Homes for Sale in St George~5/2012

JUN
04
584,863 Points 46 Featured Posts Outside Blog Called Shot Master

Contact Realtor® Erika Rogers for all your St George Utah real estate needs!
2:02pm • #1
795,034 Points 80 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Erika, you are giving valuable real estate information to all wanting to know where St. George UT stands on housing...sellers should be happy!  Buyers better get moving..
4:03pm • #2


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Erika Rogers-St George Utah Real Estate 435-229-8801 relocatetosunnystgeorge.com

Saint George, UT

More about me…

Re/Max First Realty

Address: 1224 S River Rd. , Suite A-200, St. George, UT, 84790

Office Phone: (435) 229-8801

Cell Phone: (435) 229-8801

Email Me

Helping buyers achieve their dream of retirement/vacation home ownership in St. George Utah. Specializing in Entrada at Snow Canyon in St George Utah, SunRiver Active Adult Golf Community in St. George Utah, Coral Canyon in Washington Utah and Sunbrook Golf Course Community in St. George Utah.

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Click on one of the notes below to find out more about Foreclosures, 55+ Adult Communities, Listings and Community Information in the St. George area of Utah.

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Foreclosures in the St. George UT area

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55+ Adult Communities in the St. George UT area

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