St George Sale Statistics February 2008

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St George Sales Statistics

Here is an interesting reporting statistic for February 2008 residential home sales in the St. George, Utah area.  This report includes St. George (Dammeron Valley and Winchester are included) also included is Washington City.  DOM is Days on Market and BOM is Back on Market (escrow fall out).  It is clear that the lower pried homes are the movers of the market.  Short sales (also known as pre-foreclosures) are drastically reducing prices in an effort to avoid the foreclosure process and are generating multiple offers within a matter of days.  Buyers looking for a deal, who are ready to act fast, can obtain a bargain. 

For 2/1/2008 To 2/29/2008
Residential

  As Of 03/06/2008 For 2/1/2008 To 2/29/2008
City
Active
Volume
Average
List Price
Active
Volume
Average
List Price
New
Pend
Sold
Average
Sold Price
Sold DOM
Expr
With-
drawn
BOM
Dammeron Valley
21 $ 12,459,600 $ 593,314
24
$ 14,084,100
$ 586,838
2
0
1
$ 595,000
35
0
0
1
St George
1,414 $ 657,665,159 $ 465,110
1708
$ 766,915,389
$ 449,014
312
104
85
$ 274,083
105
119
23
53
Washington
449 $ 195,612,333 $ 435,662
566
$ 243,707,333
$ 430,578
130
31
27
$ 254,012
116
39
7
4
Winchester Hills
2 $ 779,895 $ 389,948
4
$ 1,898,795
$ 474,699
0
0
0
$ 0
0
1
0
0
Subtotal
1,886 $ 866,516,987 $ 459,447
2302
$ 1,026,605,617
$ 445,962
444
135
113
$ 267,454
107
159
30
58
Information is deemed to be reliable, but is not guaranteed. See copyright notice.
Prepared by PAULA SMITH on Thursday, March 06, 2008 7:02 PM

Date: Thursday, March, 6th 2008 @ 08:07:54 PM
Views: 102

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