St George Utah Real Estate Market Report – May 2025

Welcome to this month’s real estate market report for the southwestern Utah city of St. George. A city that is popular with outdoor enthusiasts, St. George, Utah is situated in the middle of four major national parks. Average sale prices for single family homes in St. George are lower than they were on year ago, and inventory levels have increased from this time last year. Find out more about the St. George real estate market in this helpful report.

Are you ready to buy a home in St. George, Utah, today? Start your search here to find properties by price, size, location, and more! Be sure to save your favorite listings you want to tour, then, register to be notified as soon as new homes become available so you don’t miss out! Get started today!

Do you own a home in St. George and are thinking of selling but not sure of its value? Find out what your home may be worth by using our free home valuation tool! To get started, simply enter some basic information about your home, then next, we will provide you a confidential market summary of your home and a suggested listing price. Stop wondering and find out what the true value of your home is today!

St. George Utah Housing Stats

At the end of May 2025, the average sale price for single family homes in St. George, Utah, was $584,685, this is down 4.17% from last year.

For the year, the average sale price for single family homes in St. George is $600,893, which down 4.5% compared to this time in 2024.

There was a total of 434 single family homes sold in St. George during the month of May, this is down 19.6% compared to the previous May.

At this time last year there was a total of 2,130 single family homes sold in St. George, that is 1.6% higher than the 2,096 single family homes sold so far this year in St. George.

There was a total of 479 single family property listings that went under contract last month, this is down 3.8% from this time one year ago.

Pending contracts year to year are down just 1.6% from 2,389 to 2,350.

During the month of May, there was a total of 796 new single family property listings to hit the market, this is up 8.6% compared to May of 2024.

For the year there has been a total of 3,978 new listings to hit the market in St. George, this is up 12.8% from the 3,526 new listings that hit the market at this time in 2024.

There is a total of 2,308 active single family listings in St. George, active listings are up 36.6% compared to this time one year ago.

So far in 2025, there has been a total of 5,762 active single family property listings in St. George, this is up 17.4% from just 4,908 active single family properties at this time in 2024.  

Single family properties were on the market for an average of 77 days before being sold during the month of May, this is up from 62 days on the market before being sold average at this time in 2024.

For the month of May 2025, sellers were getting 96.2% of their asking price at closing, this is up from 96.1% during the month of April, and down from 96.6% at the end of the previous May.  

What Does This Mean For Buyers In St George Utah?

Buyers who are looking for a home to purchase in St. George this summer, can expect to see more inventory and slightly lower prices. Inventory has increased dramatically over the last five months. Buyers can take advantage of the increased inventory and get more value for their money.

Buyers should be aware as we head in to summer and prices lower that this will increase competition for homes and single family home prices could tick upwards. Buyers who have financing in place and a clear home purchasing strategy in place should act quickly when a home is found.

What Does This Mean For Sellers?

Sellers who are thinking of selling their home or have a property already listing should exercise patience. Homes are selling, and average prices are only slightly less than one year ago. The summer buying season in St. George may be slower than typical years. However, as interest rates come down and inventory increases, many buyers who have been on the fence will enter the market. Which can put upward pressure on home sale prices.

Sellers who have their home listed and priced accurately will see a successful outcome of the sale of their home. Homes are taking, on average, just over two months to be sold. Sellers who have a sale strategy in place will have a clear road map to get their home sold.

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 $584,685 or less.

Entrada Homes For Sale

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