April 2020 Real Estate Market Statistics
Statistics for residential properties in the Greater St George area
ST GEORGE AREA
$408K
44
DAYS ON MARKET
379
NEW LISTINGS
3.09
ABSORPTION RATE
1037
ACTIVE LISTINGS
252
HOMES SOLD
318
PENDING LISTINGS
Information from FLEXMLS April 2020 Market Summary Report
AVERAGE SOLD PRICE
$531K
AVERAGE LIST PRICE
97.6%
SOLD TO LIST RATIO
WHAT DOES THIS MEAN?
Despite the pandemic, our St George area real estate market has stayed strong. Right now, it is a seller's market - our absorption rate is 3.09 months which means as of today, it would take a little over 3 months to sell our current home inventory. On average, homes in April sold at 97.6% of their list price. This last month, 379 homes were listed.
All of this affects home values in the area, including yours. If you are curious what your new home value is, click below for a FREE home evaluation.