Welcome to this month’s St. George, Utah real estate market report, presented to you by the Jackie Ruden Realty Team. Want to know how the housing market in St. George ended in 2020? This helpful report will get you up to date.
Are you ready to buy a home? Begin your search here to find homes by price, size, location, and more! Be sure to save your searches and sign up to be notified as soon as new, matching properties become available.
Do you need to sell your home soon? The first step to take is to find out what your property may be worth. We provide a free home valuation tool that is simple to use, just answer a few questions about your property and we will provide a market summary of what your property might sell for.
St. George Utah Housing Stats
During December in St. George, there were 449 listings sold, an increase of 2.7% compared to the previous December. At year-end, there was a total of 6,373 listings sold, an increase of 16.5% from 5,471 sold by the end of 2019.
Single-family home listings that went under contract increase in December compared to one year ago, 406 listings were pending, a decrease from 334 from the previous December.
St. George had a slowdown in new listing activity during December 2020. New listings were down from 386 to 359 compared to the previous December. New listings for the year were down 2.3% compared to 2019, down from 7,454 to 7,282.
Total active listings in St. George continue to trend downward. For December 2020 there were only 551 active listings, this down 64.0% when compared to the previous December. For the year active listing totals are down 2.8% from 8,918 at the end of 2019 to 8,666 at the end of 2020.
Inventory of single-family homes available has fallen to one month at the end of December. Inventory levels have declined throughout the year, falling from 3 months available in January to less than one month available to start the new year.
The average sale price to list price ratio has climbed steadily this year, rising from 96.7% of list price at closing the beginning of January 2020 to 99.7% at the end of December.
What Does This Mean For Buyers In St George Utah?
Buyers should act assertively when a property is found and work with their realtor to make their offer stand out amongst the competition. Give us a call today to find out how we do this for our buyers!
What Does This Mean For Sellers In St George Utah?
If you are interested in buying or selling a home, take advantage of the knowledge and tools we provide on this site. As a buyer educate yourself as much as possible with the articles on the right-hand side of this page, and if you are considering selling your home take advantage of our free home valuation tool. Give the Jackie Ruden Realty Team a call today and we will put our expertise to work for you!
St. George Homes for Sale
Here are the most recent home listings just added to the database in the average sale price range for St. George. All homes here are priced at $437,485 or less.
Entrada Homes For Sale