Weekly Market Update For St. George, Utah

By
Real Estate Agent with RE/MAX FIRST REALTY

The Gardens getting a drink finally

 

 

Hello Clients,

 

  • We saw a slight slowdown of new contracts to 68 this week vs. 75 the prior week

  • New contracts under $250K fell to 44 vs. 61 the prior week

  • A total of three (3) homes over $450K went pending this week with over 300 active listings

  • Nine (9) new 2014 homes went pending this week

  • Total active inventory fell to just under 1,700

  • Closings fell to 44 last week versus 99 the prior week

  Why list with The Ames ??? – http://youtu.be/hZx1o6fx-EU

 

 Deal of The Week: Price reduction -  Home in Estates at Hidden Valley for $334,900, 0.17 Acres, 7 Bed, 3.5 Bath, 3,942 sq. ft. Follow Link to View Listing: http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=12hhjoir7f2w&s=6&id=1&cid=1

 

 

$0-$250

$250-$450

$450-$700

$700-$1.1

$1.1  - $1.4 

$1.4- $2Mill. 

$2Mill. - Up 

TOTAL

 
   

7/7/14

                                 

Active

714

642

195

68

32

20

15

1686

 
 

New Listings (last 7 days)

54

43

7

2

0

3

2

111

 
 

Pending 

270

130

28

2

1

0

1

432

 
 

Pending (last 7 days)

44

21

2

1

0

0

0

68

 
 

Closed (last 7 days)

31

10

1

2

0

0

0

44

 
 

Avg. Days on Market - Closed (7 days)

114 DOM

133 DOM

169 DOM

107 DOM

DOM

 DOM

DOM

 

 
 

Closed (last 60 days) 

384

178

32

14

0

3

1

612

 
 

Avg. Days on Market-Closed (60 days)

96 DOM

100 DOM

127 DOM

104 DOM

DOM

133 DOM

1236 DOM

 

 
 

 

 

Breakdown of Pending in the last 7 days-7/7/14

 

$0-250: 44 Total

0 Built in 2014

REO/BANK OWNED

4

SHORT SALE

3

EQUITY

36

$250-450: 21 Total

9 Built in 2014

REO/BANK OWNED

 

SHORT SALE

1

EQUITY

20

$450-700: 2 Total

 0 Built in 2014

REO/BANK OWNED

 

SHORT SALE

 

EQUITY

2

$700-1.1: 1 Total

0 Built in 2014

REO/BANK OWNED

 

SHORT SALE

 

EQUITY

1

$1.1-1.4: 0 Total

0 Built in 2014

REO/BANK OWNED

 

SHORT SALE

 

EQUITY

 

$1.4-2: 0 Total

0 Built in 2014

REO/BANK OWNED

SHORT SALE

 

EQUITY

 

$2-UP: 0 Total

0 Built in 2014

REO/BANK OWNED

 

SHORT SALE

 

EQUITY

 

 

 

  

 

John Ames, CPA, CDPE    

 

The Ames Team, "The Get it Done Guys"

 

Ranked Top 100 RE/MAX Nationwide in 2012 and 2013

 

Ranked Top 150 Teams Nationwide by The Wall Street Journal in 2012

 

RE/MAX First Realty

 

amesteam@sgremax.com

 

(800) 206-1003

 

435-634-5499

 

Fax 435-628-4071

 

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