Ivins Utah Real Estate Market Statistics
Posted by Paula Smith on Friday, January 21st, 2011 at 10:39am.I'm working on area specific market reports, so buyers and sellers can gain perspective on target markets in Washington County. Ivins Utah is located to the West of Santa Clara, which borders St George.
This report will focus on Ivins residential home sales over the past 45 days. As of today (January 20, 2011) there are 109 homes currently active. From 12-1-10 to 1-20-11 there have been 18 homes sold. Same comparison for that period for the prior year was: 153 active and 20 sold.
Of the 109 active homes for sale, 24 ARE of distressed status (foreclosure or short sale). This means that 22% of the homes listed ARE of distressed status. This number is lower in comparison to neighboring St George which as of today shows 33% of the active homes listed as distressed property.
Ivins Utah Foreclosure Activity Report
Of the 18 homes sold (since December 1, 2010) 5 homes sold WERE of distressed situation. This is equivalent to 27% of the sold homes are of distressed status. Again, this number is lower in comparison with St George which reflected 43% of the homes sold within the same period WERE of distressed status. Of course the sales volume in St George is significantly higher. Interestingly enough, Santa Clara (which had a total of 12 homes sold) reflected 58% of the sold homes WERE of distressed situation.
The average price for the 18 homes that were sold in Ivins came in at $229,589. Santa Clara compared at
$238,226 as the average price sold, and St George shows $188,718. The chart on the right shows that the Median Sale prices are almost consistently lower than the Median List Price. Pricing is key. Taking a look at the 18 homes that sold, most of them were under contract within 30 days after the most recent price reduction, 8 of them were under contract in under 20 days (following any price reductions). My point is that if you price it right, you will have no issue selling in a timely fashion. You only have one chance to put it on the market for the first time, and it is within this initial listing period that you will achieve the most interest. Have your home ready to sell when you list it, and price it right from the beginning.
Paula Smith is a Marketing Expert for Ivins Utah real estate. If you would like to have your home sold, contact me today for a Market Analysis of your home. Re/Max First Realty of St George has a team of agents that consistently outperform the competition. Allow me to professionally market your home and go from "For Sale" to "Sold".
Paula Smith Ivins Utah Realtor
View all homes listed for sale on my Ivins Utah Real Estate Page.
Thank you for reading, and share your thoughts below in the comment section. If you want other reports, just ask! Paula Smith Re/Max First Realty www.StGeorgeUTproperty.com
"Dedicated to providing an unprecedented level of service and exceed Client expectations" Contact Paula Smith today if I can be of assistance.
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