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January 2009

There are 1 blog entries for January 2009.

Year End Real Estate Statistics for St George and Hurricane Utah

Wednesday, January 7th, 2009 at 5:06pm. 1062 Views, 0 Comments.

2008 year end St George Market Statistics are in.  The St George Utah real estate had a bit of a volatile year, with the number of short sales and foreclosures inundating our market; thereby causing a swelled inventory coupled with declining prices.  Let’s take a look back at the past 12 months and do some comparison market reports from the prior year as well.  I will include Hurricane real estate statistics and include breakdowns (by request) on price range statistics.

Here is a comparison report reflecting 2007 and 2008 St George, residential real estate sales.  Over all, sold listings were down 20.8%.  The first half of the year reflects the largest decline with the second half representing only half of the decline percentage.  The reason for the…

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