St George Utah Housing Market Conditions~January 2012
St George Utah Housing Market Conditions showed little change in January 2012 from December 2011. Average sales price decreased from $197,507 to $191,199 which is approximately -3.2%. Total number of homes sold in January 2012 also decreased, from 230 sold in December 2011 to 164 sold in January 2012. Typically sales drop during this time of year due to the holidays, so this is nothing unusual.
The total number of St George Utah homes for sale that were listed on the Washington County UT mls in the month of January 2012 was 1581. There were 245 homes "under contract" and pending sale during January 2012.
Inventory is still high, interest rates are at unheard of lows and opportunity abounds for finding your dream home in St George Utah!
For more information regarding the residential real estate market in St George Utah view the Supply and Demand Report for January 2012 below~
Supply and Demand Report
For 1/1/2012 To 1/31/2012
Todays date: 2/3/2012
Price Range: 0 to 999,999,999,999
| Property Type: Residential |
|
| Current Active Listings |
Totals
|
| Number |
1,568
|
| List Price Volume |
509,044,297
|
| List Price Average |
324,646
|
| Average Days on Market |
132
|
| Total Sold | |
| Number |
158
|
| List Price Volume |
31,248,431
|
| List Price Average |
197,775
|
| Sale Price volume |
30,018,317
|
| Sale Price Average |
191,199
|
| Average Days on Market |
138
|
| Under Contract Listings | |
| Number |
245
|
| List Price Volume |
48,251,081
|
| List Price Average |
196,943
|
| Average Days on Market |
104
|
| Back On Market Listings | |
| Number |
92
|
| List Price Volume |
22,205,199
|
| List Price Average |
241,361
|
| Expired Listings | |
| Number |
188
|
| List Price Volume |
54,474,250
|
| List Price Average |
289,757
|
| Average Days on Market |
303
|
| Withdrawn Cancelled Listings | |
| Number |
111
|
| List Price Volume |
30,036,026
|
| List Price Average |
270,595
|
| Average Days on Market |
209
|
Erika Rogers, your St George real estate specialist
Re/Max First Realty
Please feel free to contact me at 435-229-8801 if I can assist you in any way with St. George Utah Real Estate or St George Utah Homes for Sale. You can also search the entire St George Utah mls from my Facebook page. Check it out!
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Erika,
Our market mirrors the downward start of sales for January. Yet, I think this will be a good year for CO and Utah... g
Erika, i consider this good news in St. George...we were down 6% in prices and 8% in numbers so holding ones own is not bad...keep selling this spring.