St. George, Utah Market Update for July 17th 2014

By
Real Estate Agent with RE/MAX FIRST REALTY

    

 

Local Market: 

 

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

 

 

 

If you have a serious interest in selling your property or want a market analysis on your home – please call the Ames Team at 435-674-6011.

 

We have over 29 pre-qualified buyers that hope to purchase in the next 30-60 days.  Why list with The Ames ??? – http://youtu.be/hZx1o6fx-EU

 

If you or a friend are looking to save THOUSANDS on purchasing a great property then call us and let us show you the great values on HUD Homes and how you may qualify to purchase one.  Call the Ames Team at 435-674-6011.

 

 

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

 
     

6/30/14

                                 

Active

728

652

197

67

31

20

14

1709

 
 

New Listings (last 7 days)

71

47

13

0

1

1

0

133

 
 

Pending 

263

123

27

1

2

0

1

417

 
 

Pending (last 7 days)

52

19

4

0

0

0

0

75

 
 

Closed (last 7 days)

61

29

5

4

0

0

0

99

 
 

Avg. Days on Market - Closed (7 days)

101 DOM

110 DOM

146 DOM

78 DOM

DOM

 DOM

DOM

 

 
 

Closed (last 60 days) 

397

199

31

13

0

3

1

644

 
 

Avg. Days on Market-Closed (60 days)

96 DOM

104 DOM

129 DOM

102 DOM

DOM

133 DOM

1236 DOM

 

 
 
   

$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

 

 
 

 

 

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