According to the Washington County Board of Realtors MLS, these are the numbers and statistical data in our market place:
This is for Homes, condos, town homes, and PUD all in the greater St. George area:
(numbers for May)
Total Listings on Market: 2,039, (2,070)
Listed in June: 373 (386)
Sold In June: 146 (156)
Months of Inventory: 13.97 (13.27)
This is for Homes, condos, town homes, and PUD all in the Hurricane Valley: (numbers for May)Total Listings on Market: 331 (65)
Listed in June: 65 (65)
Sold In June: 13 (26) Ouch!
Months of Inventory: 25.46 (13.04)
For the rest of the numbers I am going to combine Hurricane Valley with Greater St. George:
Homes, condos, town homes and PUD $100,000-$200,000
Total Listings on Market: 458 (463)
Listed in June: 110 (130)
Sold In June: 40 (60)
Months of Inventory: 11.45 (7.72)
Homes, condos, town homes and PUD $200,001-$300,000
Total Listings on Market: 739 (745)
Listed in June: 141 (123)
Sold In June: 60 (66)
Months of Inventory: 12.32 (11.29)
Homes, condos, town homes and PUD $300,001-$400,000
Total Listings on Market: 404 (423)
Listed in June: 79 (73)
Sold In June: 29 (33)
Months of Inventory: 13.93 (12.82)
Homes, condos, town homes and PUD $400,001-$500,000
Total Listings on Market: 226 (232)
Listed in June: 42 (37)
Sold In June: 14 (10)
Months of Inventory: 16.14 (23.20)
Homes, condos, town homes and PUD $500,001-$750,000
Total Listings on Market: 271 (272)
Listed in June: 37 (39)
Sold In June: 8 (8)
Months of Inventory: 33.88 (34.00)
Homes, condos, town homes and PUD $750,001 +
Total Listings on Market: 249 (250)
Listed in June: 28 (39)
Sold In June: 6 (3)
Months of Inventory: 41.5 (83.33)
Yikes! Tough to be in the $750 plus market.
I will give my comments on the Status of the Market next week. Until then, I want to hear from you!
Our goal is to keep you up to date with the Southern Utah or Greater St. George real estate market. Please verify any information pertinent to a real estate buying or selling decision. FREE: Search portions of the Washington County Board of Realtors MLS system without having to talk to me! Go to www.joelangston.com and use the "Find a Home" tab. FREE: Evaluation of your Southern Utah home emailed to your computer, go to www.joelangston.com and use the "Your Home's Value" tab.
Thursday, July 3, 2008
What Happened in Southern Utah or St. George area in June?
Posted by Joe Langston at 10:18 AM
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4 comments:
Nice!
Months of inventory? If I am selling my home is this a good indicator of how long I can expect for my home to sell?
Good Luck with the blog!
Good information Joe, not really good news, just good information. Thank you for braking it all down for us.
That's breaking, not braking. But braking is exactly what the market is doing right now isn't it. I'll stop talking now.
I'm realy liking the market right now because we need to purchase our first home. The downside is i dont know how long we will have work (both me and my husband are in construction). I'ts about time St. George prices came back down from being on cloud nine. I'm just worried about the entire market, how long will we have to suffer...especially with the upcomming canidates.
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