Market Comparison for St. George vs. Hurricane
Posted by Paula Smith on Sunday, August 8th, 2010 at 4:48pm.By request (thanks JN) let’s take a look at home prices and sales for the Greater St. George area as compared to Hurricane Valley. Hurricane market statistics have been severely neglected by me this year, so I apologize for not being more on top of this! Let’s take a look at a few graphs and analyze the data. As usual this information is pulled direct from the Washington County MLS as reported by each brokerage. The information may vary, or change, as offices may be late to report their numbers.
St. George has more volume in sales (total sold 175 vs. Hurricane at 33 total sold) and the average sold price was higher in St George as compared with Hurricane.
So What Price Range is Selling for Hurricane vs. St. George?
St George almost always has the highest sold in the $200,000 to 225,000 price range and this month is no different. Hurricane however is very mixed with the numbers all over the place and no heavy interest in any particular range.
ST GEORGE PRICE SOLD PRICE RANGE HURRICANE UTAH SOLD PRICE RANGE
What City in Washington County Has More Foreclosure Activity?
Okay…so let’s take a look at the ever-popular foreclosures. Who’s got the most…St George or Hurricane?? Well clearly there are more homes in St George so let’s take a look at the percentage for each area.
HURRICANE:
CURRENT ACTIVE= 301 of this number, 118 (or 39%) of the current active inventory is of DISTRESSED property (short sale or foreclosure). In JULY 2010 33 SOLD. Of the 33 SOLD in July 20 (or 60%) were distressed sales.
ST. GEORGE=
CURRENT ACTIVE= 1621 of this number, 567 (or 34.9%) of the inventory is of DISTRESSED property (short sale or foreclosure). In JULY 2010 175 SOLD. Of the 175 SOLD in July 82 homes (or 46.8%) were distressed sales.
So, the analysis shows us that Hurricane is facing a higher percentage of distress sales.
Thank you so much to my readers and to those who ask for these more specific statistics! If you are interested in researching property for sale in St George or Hurricane, please visit the property search page. St George Utah Real Estate or Hurricane Utah Real Estate can be accessed by these links.
This report is brought to you by PAULA SMITH, REALTOR with MAXUS Realty of St George Utah--member of the Washington County Board of REALTORS.
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.
Print
ShareBe the first to comment on this blog entry!