St George Utah Real Estate Market Conditions for December 2011~
St George Utah Real Estate Market Conditions showed little change in December 2011 from November 2011. Average sales price decreased from $202,247 to $197,507 which is approximately -2.25%. Total number of homes sold in December 2011 also decreased slightly, from 234 sold in November 2011 to 230 sold in December 2011. I’m sure part of this decrease is due to the holidays.
Inventory is still high, interest rates are at unheard of lows and opportunity abounds for finding a great deal in St George Utah!
For more information regarding the residental Real Estate Market in St George Utah view the Supply and Demand Report for December 2011 below~
Supply and Demand Report
For 12/1/2011 To 1/2/2012
Todays date: 1/4/2012
Price Range: 0 to 999,999,999,999
Property Type: Residential | |
Current Active Listings |
Totals
|
Number |
1,591
|
List Price Volume |
502,608,400
|
List Price Average |
315,907
|
Average Days on Market |
148
|
Total Sold | |
Number |
230
|
List Price Volume |
47,695,243
|
List Price Average |
207,371
|
Sale Price volume |
44,636,545
|
Sale Price Average |
197,507
|
Average Days on Market |
122
|
Under Contract Listings | |
Number |
198
|
List Price Volume |
36,413,059
|
List Price Average |
183,904
|
Average Days on Market |
121
|
Back On Market Listings | |
Number |
66
|
List Price Volume |
15,692,900
|
List Price Average |
237,771
|
Expired Listings | |
Number |
218
|
List Price Volume |
71,308,128
|
List Price Average |
327,102
|
Average Days on Market |
265
|
Withdrawn Cancelled Listings | |
Number |
102
|
List Price Volume |
28,406,850
|
List Price Average |
278,499
|
Average Days on Market |
141
|