Welcome to this month’s St. George, Utah real estate market report, presented to you by the Jackie Ruden Realty Team.
Jackie Ruden Realty is a team of real estate professionals that is committed to finding you the perfect home to buy or working for you to sell your home as quickly as possible.
Are you considering buying your first home?
The Jackie Ruden Realty Team can help you with your home search; our first suggestion is to start by using our handy search tool to find properties in your preferred price range, neighborhood, or zip code.
Once you begin, make sure you save your searches, and then, sign up to be notified as soon as matching properties become available. Once you have conducted a search, give us a call and we can help you narrow your choices that fit your preferences.
Are you considering selling your home?
Are you an empty nester and ready to downsize?
Are you ready to retire, cash in your investment, and travel the world?
We help sellers sell their houses as quickly as possible. We put our expertise to work for you to market your home, present the best features of your home and negotiate on your behalf to get you the most money.
Are you curious to know what your home might be worth?
Sellers can make use of our free home valuation tool to get an idea of your home’s worth. Then give us a call and we can put our expertise to work for you to list your home at the most competitive price. We will then show you how we can market and sell your home as quickly as possible. Give us a call today!
St. George Utah Housing Stats
The average sale price for homes in the St. George real estate market for November 2019 was $368,127, an increase of 10.91% from $331,916 one year ago. The median sales price for homes was $320,000 during November 2019, an increase of 8.47% from $295,000 on year ago.
The average list price for homes in St. George during this time was $487,174, an increase from $452,969 during November 2018. The median list price for homes was $389,900, up from $364,900 one year ago.
The next highest number of new listings was in the $200-249,000 and $300-349,000 price brackets; both had 54 new listings offered on the market. Interestingly the $1,000,000 and higher price range had a total of 20 new listings, up from just seven one year ago. There was a total 424 listings were sold during November 2019. The $250-299,000 price range had the most activity with 84 units sold. The $300-349,000 price bracket had the next highest total of sold units with 62. Overall the $250-349,000 price range experienced more activity this November than the year prior. The $249,000 and lower pricing ranges saw a decline in activity compared to November 2018, with a total of 106 units sold compared to 159. There were 448 listings that went pending during November 2019. There were 74 listings that went under contract in the $250-299,000 price range. The $300-399,000 price range had a total of 122 pending listings; the $500-749,000 price range had the next highest total with 60 pending sales. The St George real estate market has a total of 1,605 active listings available. There are 258 listings for sale in the $500-749,000 price range, the most in any price category. The next price bracket with the most listings available is the $300-349,000 range with 187, and the third-highest number of listing is in the $250-299,000 price point with 181 total listings. The total number of listings increased 1.4% compared to November 2018. There is approximately 3.5 months of inventory available, a decrease from 3.6 months from October 2019. Inventory has held steady most of the year, and is down from its high of 3.9 months during March 2019. The sold price to list price ratio for November 2019 97.2%, this is up from 96.5% during October 2019, and the same as September 2019. The sale to list price ratio has held steady for most of 2019. 
What Does This Mean For Buyers In St George Utah?
For buyers in St George, Utah, there are fewer homes on the market now than at any time during the year. This is consistent with historical trends as sellers wait out the winter months before listing their home. Buyers should be aware that there is also less competition among buyers this time of year, and they may find sellers more motivated to sell.
Buyers should have financing in place and be ready to act when a property is found. It is important to work closely with your realtor to learn as much as possible about the home, and submit the most competitive bid possible. Give the Jackie Ruden Realty Team a call today!
What Does This Mean For Sellers In St George Utah?
Sellers in St. George should take advantage of the low inventory and list their home today. Sellers are getting close to asking price for their homes, and average listing and sale prices have increased year over year.
The winter buying season usually brings out serious buyers, and while your home may sit on the market a few days longer, you can be confident knowing you will get very close to asking price.
Sellers can take advantage of our free home valuation tool to get an idea of their home’s worth. Give us a call today and we can go into detail about the St. George real estate market, as well as inform you about how we market your home to the most qualified buyers to sell your home quickly.
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 median sale price range for St. George. All homes here are priced at $368,127 or less.
Entrada Homes For Sale
