Welcome to this month’s St. George, Utah real estate market report presented to you by the Jackie Ruden Realty Team. If you are thinking of buying or selling a home in beautiful St. George, Utah, and are wondering if now is a good time then, read this helpful report to get up to date.

If you are ready to buy a home in St. George start 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 so you don’t miss out.

Are you ready to sell your home but not sure where to begin? The first step is to find out what your property may be worth by using our free home valuation tool. Simply enter some basic information about your home and we will provide you a competitive market summary of your home’s potential selling price.

Give Jackie Ruden Realty Team a call at (435) 272-7710  and we can answer all your questions about the St. George real estate market.

St. George Utah Housing Stats

The average sale price for single-family homes in St. George at the end of April 2021 was $509,393, a year-to-year increase of 33.05% from $382,844.

So far, the year-to-date average sale price for single-family homes is $502,024, a year-to-year increase of 36% from $367,617.

There were 555 single-family home listings sold in St. George last month. The average list price for homes during April was $780,145, an increase of 52.91% from one year ago.

The number of homes sold this year in St. George is 21% more than at this time last year, up from 1,644 to 1,995 sold at the end of April 2021.

A total of 629 new single-family home listings hit the market during April, a year-to-year increase of 4.7%. An indication of shrinking inventory is the number of new listings, which is down year to year, falling 17% from 2,715 to 2,235.

There were 523 properties that went under contract last month, an increase of 18% from 442 the previous April. Year to year pending contracts have increased 16%, up from 1,849 to 2,156.

In St. George homes are on the average of 22 days before being sold, a year to year decrease of 57.69% from 52 days. At this time one year ago single-family homes were on the market for 55 days before being sold.

There is less than one month of single-family housing inventory available to buyers in St. George, inventory has been declining each month so far in 2021.

The list-to-sale price ratio has climbed steadily in the last three months in St. George, up from 99% at the end of January to 101.5% at the end of April, indicating a very competitive market.

What Does This Mean For Buyers In St George Utah?

If you are looking to buy a home in St. George, Utah be prepared for a very competitive market. Inventory of homes has declined and overbidding for homes is increasing. Buyers cannot afford to wait and need to be ready to act when a property is found.

Buyers looking for a home in St. George need an agent with their ear to the ground and has the experience to help you succeed in achieving your home purchasing goals. Give us a call at (435) 272-7710 today to find out how we can help find a great home in beautiful St. George, Utah!

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!

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 $509,393 or less.


Entrada Homes For Sale


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Summary
St George Utah Real Estate Market Report - May 2021
Article Name
St George Utah Real Estate Market Report - May 2021
Description
The average sale price for single-family homes in St. George at the end of April 2021 was $509,393, a year-to-year increase of 33.05% from $382,844.
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Publisher Name
Jackie Ruden Realty Team
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