January & February St George Market Statistics
Posted by on Sunday, March 15th, 2009 at 4:37pm.I apologize for getting behind in my real estate statistical reporting, so lets take a look at what has been going on with residential real estate in St George Utah. I will create a snapshot for both January and February real estate statistics, first up is the entire month of January 2009, residential, and greater St George Utah area only.
TOTAL SOLD: 76 (24 of these were foreclosures)
PENDING: 123 (this is the number of homes that went pending during the month)
CURRENT ACTIVE: 1,397
AVERAGE SOLD PRICE: $248,824
DOM: 107 (average days on market)
The pattern of actual homes sold in a particular price rage was all over the board. It appears that a few in just about every price range had some activity. Check out this graph that shows exactly "what is selling in St George, Utah".
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TOTAL SOLD: 105 (35 of these were foreclosures)
PENDING: 120
CURRENT ACTIVE: 1,729
AVERAGE SOLD PRICE: $246,702
DOM: 153
We did have an increase in the "negative" numbers, those being current active and DOM. More inventory and higher days on the market almost erase the jump in sales when considering absorption. Even the average sold price was a bit lower.
So now the most popular topic…What’s going on with foreclosures in St George?
If you’d like to see St George Utah Foreclosures available for sale on the MLS visit this link: http://www.stgeorgeutproperty.com/StGeorge_Foreclosure_Listings.php here you will find every listed foreclosure in the area.
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