Welcome to this month’s St. George, Utah real estate market report, presented to you by the Jackie Ruden Realty Team. Ready to buy or sell a home soon? Read this helpful report to get up to date about current buying and selling trends in the St George residential single-family housing market

Are you tired of zoom meetings in the garage and ready to buy a home? Start your search here to find homes in St George by price, size, location, and more. Be sure to save your favorite properties to tour, then sign up to be notified as soon as new listings become available. Whether this is your first, second, or third home purchase, give us a call today.

Do you need to sell your home but not sure for what price? We can help with our free home valuation tool! To get started simply enter some basic information about your home and we will provide you a market summary of the value of your home!  Contact us today and we can tell you how we help owners sell their property safely and as fast as possible.

Give Jackie Ruden Realty Team a call at (435) 272-7710  and we will answer all your home buying & selling questions!

St. George Utah Housing Stats

The average sale price for single-family homes in St George ended the month of January 2021 at $497,405, a steep increase of 39.82% from the $355,744 sale average one year ago.

There were 379 listings sold in St George during January, slightly ahead of the previous January total of 354 properties sold.

A total of 574 listings were pending sales at the end of January, up 25.9% from the 456 pending sales at this time one year ago.

In St George, during January there were 475 new listings offered to buyers. This is a steep decrease of 37% from one year ago. All price categories for new listings have fallen with the exception of the $500-749,999 market which had a 4.9% increase in new listing activity pushing overall average list prices higher.

 

The average list price for new homes in St George at the end of January was $741,448, an increase of almost 50% from $496,416 at the beginning of 2020.

St George Utah began the year with less than one month of housing inventory available. Inventory levels fell through 2020, from a high of three months supply available at the beginning of January 2020.

Single-family homes in St George are on the market for an average of 40 days before being sold, a slight increase from 35 days during December 2020. The number of days a house is on the market before being sold steadily declined during 2020, falling from 65 days at the beginning of January 2020.

Sellers are getting 99.0% of their list price for their home in St George, this fell month to month from 99.5% in December. The list price to sale price ratio increased each month last year as buyer competition increased while supply decreased.

What Does This Mean For Buyers In St George Utah?

If you are planning to buy a home in St George, Utah soon be ready to be assertive when a property is found. As buyer preferences shift to single-family homes and sellers hold off on listing their properties inventory will remain tight.

Buyers can take advantage of virtual tours to safely view properties from the comfort of your current home. If you are thinking of buying a home soon in St George,  give Jackie Ruden Realty Team a call to get started!

What Does This Mean For Sellers In St George Utah?

Currently, St George is in a seller’s market, demand for homes continues as interest rates continue to be low and buyers look for homes with plenty of space for home offices and outdoor living.

If you are thinking of selling your home give us a call today. The Jackie Ruden Realty Team has the knowledge and experience in selling homes in St George, Utah. We show off the best features of your home to the most qualified buyers. We look forward to hearing from you!

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!

See Additional Reports on the St. George Real Estate Market

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 $497,405 or less.


Entrada Homes For Sale


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Summary
St George Utah Real Estate Market Report - January 2021
Article Name
St George Utah Real Estate Market Report - January 2021
Description
The average sale price for single-family homes in St George ended the month of January 2021 at $497,405, a steep increase of 39.82% from the $355,744 sale average one year ago.
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Publisher Name
Jackie Ruden Realty Team
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