June 2020 Real Estate Market Statistics
Statistics for residential properties in the Greater St George area
ST GEORGE AREA
DAYS ON MARKET
Information from FLEXMLS June 2020 Market Summary Report
AVERAGE SOLD PRICE
AVERAGE LIST PRICE
SOLD TO LIST RATIO
WHAT DOES THIS MEAN?
Compared to June 2019, 26% more homes have sold in June 2020 which means that the pandemic has had little to no effect on the St George market. Our absorption rate is 2.47 compared to last year at 3.1, meaning that it would take 2.47 months to sell our current inventory. At 793 active listings, our current inventory is lower compared to 956 last June. Our average sales price increased by 7.89% from June 2019. All of this means that we are currently in a very strong seller’s market.
All of this affects home values in the area, including yours. If you are curious about what your new home value is, click below for a FREE home evaluation.