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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.

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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.

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