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St George and Hurricane Real Estate Statistics September 2010

Posted by Paula Smith on Tuesday, September 21st, 2010 at 12:07pm.

This St George Utah real estate housing market report will show statistics for what has sold in St George and Hurricane areas as well as the number of distressed sales due to short sales and foreclosures in Washington County Utah.  This market report is for residential home sales as of September 21, 2010 and will include figures for the past 45 days (unless otherwise noted).

The number of sold homes for Greater St George Utah for the month of August was:  208 (compared to 183 for July) and the number for sales in Hurricane Valley was:  25 (compared to 33 for July).

St George Utah Foreclosure Activity

Of the reported 208 homes sold in St George for August, 123 we of NON-distressed status.   This means that 85 homes sold were distressed (short sale or foreclosure) which equals almost 41% of sold homes were of distressed property.

Hurricane Utah Foreclosure Activity

Of the 23 homes sold in Hurricane Utah for August 2010, only 11 homes were of NON-distress status.  This reflects that 14 homes sold WERE distressed (short sale or foreclosure) which equals 56% of homes sold in August WERE distress sales.  

The first few weeks of REPORTED home sales in St George for September is looking to be on track for a decent month.  To date, we have 98 homes sold.  Of the 98 (reported so far) half (50%) are of distressed status.  Not all brokerages have reported all sales at this point, so this is only a preliminary number.

What’s For Sale in St George?

There are (as of today) 1,611 residential homes for sale in St George.  Of this number, 528 homes ARE of distressed status (32% of St. George inventory is distressed).

For Sale in Hurricane Utah

There are 302 homes for sale in Hurricane Valley area.  Of this number, 126 homes ARE of distressed status (42% of Hurricane inventory is distressed)

If you are interested in contributing to the number of “sold” homes and you are in need of a buyer’s agent, please contact Paula Smith!  ;-)  View all MLS listed property at:  www.stgeorgeutproperty.com/idx

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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