Washington County Utah October 2020 Residential Market Snapshot

Washington County Utah October 2020 Residential Market Snapshot

 

 

 

Fall has arrived in spectacular style in southern Utah! Homes are listed to sell and buyers are ready, willing and able! Hiring an experienced Realtor is at the top of the most important wants and needs list.

 

Inventory is declining due to a huge demand. The St. George, Utah area is economically healthy and people can be found outdoors all year. Hiking, biking, fishing and golfing are always in season!

 

 

Washington County Market Snapshot for October 2020

 

Sold Listings

October - 543 

Year To Date 2020 - 4618

 

Pending Listings

October - 549

Year To Date 2020 - 4993

 

Active Listings

October - 534

Year To Date 2020 - 6654

 

New Listings

October - 510

Year To Date 2020 - 5521

 

Median List Price - $505,950

Median Sales Price - $384,280

Median Days On Market - 12

 

 

Absorption rate is 1.22, compared to 3.43 a year ago. Average list price for October is $740,252 compared to $507,167 in October last year. When homes in good condition, in a desirable area and priced to sell hit the market, sellers must vacate quickly so buyers can move in!

Residents enjoy many southern Utah sensory delights such as the Desert Tortoise Reserve, Snow Canyon State Park, Zion National Park and Pine Valley Mountain and much, much more, so come & see for yourself!

Questions about any Washington County, Utah homes for sale or to purchase property, please contact me at 435.632.9374 or wanda@buynsellutah.com. Always glad to help with your real estate needs because Wanda Can!