October and November 2009 St George Real Estate Statistics
St George Sales Statistics
Here is the October and November St George real estate market sale statistics for 2009.
I’m gearing up for my end of the year 2009 St George real estate sale statistics, which I will post in mid January. However, let’s take a current look at the real estate market over the past few months. As of today, December 14, 2009 Washington County has a TOTAL of 5,285 ACTIVE listings (this includes all property and land, residential and commercial). This number is about the same over the past 5 months. Total active listings for November 2008 were 6,254 so as you can see we are working through some of our inventory (this is a good thing for market stabilization). Total months in inventory for November 2009 averages 19.36 months (again, for the entire Washington County inventory) as compared to November 2008 which had an average of 31.11months in inventory, followed by our all time high January 2009 at 44.16 months.
What’s selling in St George Utah Real Estate?
St George Utah Foreclosure Homes. St George Utah Short Sale Property.
Second most requested is the foreclosure activity. So, of the total 407 SOLD properties (between October 1 and December 14, 2009) 58 sold homes WERE a Short Sale. 116 Sold homes WERE an REO (or foreclosure property). So, this equates to: of the 407 St George Utah homes sold, 174 were distressed property which means approximately 43% of the sold homes were distressed property (short sale or foreclosure).
Follow this link if you are looking for a list of St George Utah Foreclosure homes. St. George Utah Short Sale Property can be found here.
Thank you to my readers who offer comments and send emails for what they would like to know more about. A special thank you to the clients who I have had the privilege to work with, I appreciate the opportunity and I look forward to a continued relationship! May you all have a wonderful Holiday Season! Please check back in January for my Year End analysis. Also, I am adding some changes to my Property Search page. Users have asked for more features, and so I shall deliver! I am in the process of implementing some great features and I will post an announcement once they are complete.
Date: Monday, December, 14th 2009 @ 02:23:03 PMViews: 733
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