The Jackie Ruden Real Estate Team is excited to bring you the St. George Utah real estate market report for May 2019.
If you are a buyer looking for a home, use our search tool to find properties in your price range. Be sure to save your searches and be notified as soon as matching properties become available.
Sellers considering selling their home can take advantage of our free home valuation tool to get an idea of your home’s worth.
If you are thinking of buying or selling a home, give us a call at the Jackie Ruden Real Estate Team and we can answer all of your questions.
St. George Utah Housing Stats
The average list price for homes in St. George, Utah for May 2019 is $489,278, down from the May 2018 average list price of $499,177.
The year to date average list price for homes is $431,804, an increase from May 2018 year to date average of $413,274.
The average sale price of homes for May 2019 is $375,912, an increase from the May 2018 average sale price of $355,691.
The year to date average sale price is $361,105, an increase from $341,295 compared to this time last year.
The average number of days on the market for homes in St. George during May 2019 is 63 compared to 58 during May 2018.
For May 2019 there were 384 listings pending, compared to 361 during May 2018. There were 455 new listings on the market for May 2019, compared to 401 during May 2018.
The year to date total of active listings is 3216, and there were 934 active listings on the market during May 2019.
In the St George, Utah real estate market for May 2019, there was a decrease in the number of homes sold in the $349,000 price range and below, while there was an overall increase in the number of homes sold in the $350,000 price range and higher.
There is approximately three months of inventory available in the St. George real estate market; inventory has been shrinking month to month from the March number of 3.4 months.
The sold to list ratio for sellers during May 2019 is 97.3% only a slight increase from April sale to list ratio of 97.2%.
What Does This Mean For Buyers In St George Utah
Buyers in St George can expect a decrease in inventory available and a slight increase in prices. While there is an increase in new and active listings during May 2019, there is only a three months supply of inventory, which has been shrinking over the last couple of months.
Buyers should make sure to be alerted as soon as properties in your price range becomes available, and be sure to have financing in place before you begin your home search.
What Does This Mean For Sellers In St George Utah
Sellers should take advantage of the shrinking inventory and rising prices to sell their home now.
There is demand for housing in most price ranges and sellers can expect to sell their home for 97% of their asking price.
Sellers should utilize our free home valuation tool to get an idea of their home’s worth, then give us a call and we can answer all your questions about selling your home. The Jackie Ruden Team will market and show your home to the most qualified buyers to sell your home as quick as possible.
St. George Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for St. George. All homes here are priced at $375,912 or less.
Entrada Homes For Sale
