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Coral Canyon Homes for Sale in St George UT - April 2018

By Erika Rogers

Real Estate Agent with Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage DRE#5660491-SA00

May 08, 2018 03:04 PM

Coral Canyon Homes for Sale in St George UT - April 2018

If you are interested in homes for sale in Coral Canyon follow this link for details on the Coral Canyon Real Estate Market & Coral Canyon homes for sale.

The Coral Canyon community is in high demand and inventory remains low. This spectacular community with low HOA fees and wonderful amenities is highly sought after and homes do not stay on the market long! Available inventory is shrinking and prices continue to rise. In April there was only 1 home priced under $200,000. Check out the latest statistics below~

There were 6 homes sold in Coral Canyon during April 2018

3 homes sold for between $200,000-$250,000

                                                                 1 home sold for between $250,000-$300,000
                                                                 1 home sold for between $300,000-$350,000
                                                                 1 home sold for between $350,000-$400,000

For a year over year comparison-

Average sales price for a home in Coral Canyon in April 2017 was $282,217-in 2017 it was $315,394. Sales prices decreased 10.52% from April 2017 to April 2018.

Given the number of sales, there was 1.7 month's supply of homes for sale in Coral Canyon in April 2018. A healthy market usually has between 5-6 months supply of homes, so Coral Canyon is definitely experiencing a "sellers market" situation.

During April 2018, homes in Coral Canyon sold for 98.5% of their original listed price.

There were 13 homes for sale in Coral Canyon during April 2018 which is exactly the same as April 2017.

Prices are rising and inventory of homes for sale in Coral Canyon is extremely low. Interest rates are still very good, which makes this a wonderful time to purchase a home in St George!

The above information was taken from data on the Washington County Utah MLS. Neither the Washington County MLS, Red Rock Real Estate or Erika Rogers guarantees or is responsible for its accuracy. Market data does not show FSBO, non broker members listings, or listings not published.

This Coral Canyon Homes for Sale - St George UT April 2018 information is brought to you by: Erika Rogers – your real estate leader in St. George, UT and surrounding communities. She specializes in new construction, golf course communities, gated communities, 55+ adult communities, St. George luxury real estate, and foreclosures in all Southern Utah communities.