Welcome to this month’s real estate market report for St. George, Utah. Real estate activity in St. George was slow than one year ago, however, there was more inventory to hit the market in St. George during the month of February. At the end of February there is five months of inventory available to buyers. Find out more about the St. George real estate market for February in this helpful report.
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St. George Utah Housing Stats
The average sale price for single family homes in St. George, Utah, at the end of February 2025 was $608,419, this is up 3.5% compared to the previous February.
For the year so far single family home sale prices are down 8.1% compared to this time last year, falling from $637,804 to $585,662.
There was a total of 319 single family properties sold in St. George during the month of February, sales activity was down 8.1% compared to February 2024.
For the year so far there has been a total of 650 single family homes sold, this is down 4.1% compared to this same time last year, dropping from 678 homes sold by this time in 2024.
A total of 462 single family homes went under a pending contract during the month of February, this is just five fewer than at this time one year ago.
Pending listings for 2025 compared to this time in 2024 are up just 1.7%, increasing from 876 pending listings in 2024 to 891 so far this year.
A total of 816 new single family homes listings hit the market during February, this is up 6.4% compared to February of one year ago.
New listings for the year in St. George are up 10.4% compared to this same time last year, increasing from 1,409 new listings in 2024 to 1,556 new listings so far in 2025.
There was a total of 2,113 active single family home listings in St. George at the end of February, this is up 29.3% compared to the previous February.
For the year so far, there has been a total of 3,288 active listings in the St. George area, this is up 17.8% compared to this same time last year, increasing from 2,791 at this time in 2024.
There is a total of five months of inventory available to buyers in St. George. Single family homes are on the market for an average of 89 days before being sold, and sellers were getting 96% of their original list price at closing.
What Does This Mean For Buyers In St George Utah?
Buyers who are searching for a home to buy in St. George, Utah, can expect to see more inventory available. Inventory increased month to month to start the year, giving buyers more options, and helping to keep list prices level. Buyers are facing less competition for homes, and many buyers are able to close on homes for less than asking price.
Going in to 2025 buyers may see inventory increase and prices possibly decreasing. Buyers entering the market should have financing in place and plan of action. Indecisiveness can cost a buyer time and money, once a property is found buyers need to be ready to submit the best offer possible.
What Does This Mean For Sellers?
For sellers who have their property listed on the market can expect it take up to 90 days to get their homes sold, which is typical of this time of year. There is slightly more competitive buying activity, sellers list price to sale price ratio increased month to month. The first two months of the year has seen a year to year increase in new property listings. Sellers will need to make sure they have a sales plan in place and show off the best features of their home to the most qualified buyers.
Sellers can expect the beginning of the year to be slower in buying activity, however, trends indicate that buying activity will increase as we continue in to the spring season. If interest rates drop and recession concerns subside, sellers can expect to see more buyers entering the market.
If you are thinking of buying or selling a home in St. George, Utah, this year, give us a call. We are experts in navigating the St. George real estate market and we work to make your buying or selling experience a great one!
Give the Jackie Ruden Realty Team a call today, we understand the dynamics of the current real estate market in St. George. 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 $608,419 or less.
