55+ Communities in St George Utah | SunRiver Market Report June 2014
The Sun River St George housing market was steady during the month of June 2014. Available inventory rose slightly and prices continue to rise. You'll notice that sales prices rose 15% and there were only 11 homes priced under $200,000 for sale. There were 68 homes for sale in SunRiver June 2014. Check out the latest statistics below~
There were 16 homes sold in SunRiver during June 2014-
2 homes sold for between $180,000-$200,000
1 home sold for between $200,000-$250,000
4 homes sold for between $250,000-$300,000
3 homes sold for between $300,000- $350,000
2 homes sold for between $350,00-$400,000
1 home sold for between $450,000-$500,000
2 homes sold for between $500,000-$550,000
1 home sold for between $700,000-$750,000
For a year over year comparison-
Average Sales Price in June 2013 was $307,238-in June 2014 it was $355,216. Sales prices increased 15.62% year over year in June.
Given the volume of sales, there is a 4.32 months supply of SunRiver homes for sale which is up 14.89% from last year at this time when there was approximately 3.76 months supply of SunRiver homes for sale.
During the month of June 2014, homes in SunRiver sold for 97.6% of their original listed price!
There were 68 homes for sale in June 2014 which is 20 more than the previous year in 2013.
Prices are great, although they look to be rising and inventory of homes for sale in SunRiver is slightly higher so there's a few more homes currently to choose from! Interest rates are at historic lows which makes this a wonderful time to purchase a home in SunRiver St George! It looks like the St George Utah 55+ Communities market is bouncing back and prices are starting to rise.
You'd better hurry if you want take advantage of the great opportunities currently available in SunRiver! According to the developer, building costs are on the rise, so now could be the perfect time to buy...
If you have any questions about Sun River St George or would like more information about St George Utah homes for sale please feel free to email or call me, or visit my website, relocatetosunnystgeorge or call me at 435-229-8801.
The above information was taken from data on the Washington County Utah MLS. Neither the Washington County MLS, ReMax First Realty or Erika Rogers guarantees or is responsible for its accuracy. Market data does not show FSBO, non broker members listings, or listings not published.
Originally posted at http://livinginstgeorge.com/2014/07/07/55-communities-in-st-george-utah-sunriver-market-report-june-2014/