Washington County Utah Residential Market Report - August 2018

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Real Estate Agent with Prado Real Estate South UT DRE# 6541633-SA00

Washington County Utah Residential Market Report - August 2018

 

Fall is two days away, temperatures are cooler and home buyers are looking to purchase in the southern Utah area. New construction permits total 1860 from January 01, 2018 to August 15, 2018, for Single Family Homes and 875 for other. 

 

 

Photo is of Kayenta community at the foothills of the Red Rock Cliffs and Bluffs in Ivins, Utah

 

Washington County Utah Only- No outside sales

  • Single Family Residential sales decreased from 308 in July to 279 and fell below Single Family Closings in August in 2017, 2016 and 2005. (Washington County only and do not include Condo, Townhouse, Modular, Manufactured, Mobile or New Construction numbers). 

      

  • Single Family Residential Home Listings increased from 1203 in July to 1266 in August

 

  • Condo/Townhome Sales decreased from 63 in July to 51 in August and Listings decreased from 190 in July to 207 in August

 

  • Notice of Defaults stayed the same as 14 in July to August

 

  • Trustees Deeds decreased from 2 in July to 5 in August

 

  • Single Family Home Permits increased from 109 in July to 215 in August for Washington County, Utah 

 

 

Inventory continues to fluctuate and has increased as you can see from the Year-To-Date Listings starting from August 2017 to August 2018. There were 137 more listings in August 2018 than last year same month.

 

Quick LQQK at RESIDENTIAL RESALES per month from August 2017 to August 2018 according to Washington County, Utah MLS:

August 2017 / 308

September 2017 / 247

October 2017 / 294

November 2017 / 295

December 2017 / 286

January 2018 / 229

February 2018 / 225

March 2018 / 316

April 2018 / 309

May 2018 / 387

June 2018 / 343

July 2018 / 308

August 2018 / 279

 

Due to the high construction demand, a home may take 6+ months or more to build due to the backlog of permits submitted to the surrounding cities. Consumers should hire an experienced Realtor when building a new home. Building contractors and their agents represent their interests, not the buying consumer.

 

Cost of living, year 'round outdoor activities and healthy economy continues to draw people to southern Utah to live! I hope you have found this information useful and thanks to Inwest Title for some stats and sales information. Put a Utah State Park or National Park on your list of places to explore!

 

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Buying or selling a home in southern Utah? Call me at 435.632.9374 or contact me at wanda@buynsellutah.com to help because Wanda Can!

 

A portion of every successful real estate transaction goes to Bed 'n' Biscuits to help fund Switchpoint, a local homeless shelter.

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Looking for an experienced real estate professional in southern Utah? Click here.

 

To discover sunny southern Utah for yourself, go to: www.buynsellutah.com

 

Wanda Kubat-Nerdin REALTOR Southern Utah www.buynsellutah.com

 

 

Member of the St. George Area Chamber of Commerce

I, Wanda Kubat-Nerdin at PK Real Estate Utah am responsible for my opinions expressed in this blog. Information herein is deemed to be reliable but not guaranteed and may change due to market conditions. Please do not take my pictures or artwork and use them as your own, they are my property,  Copyright ©

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Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for sharing your market report for Washington County in August 2018

Sep 24, 2018 07:18 AM #1
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