Welcome to the New RealTown! Submit Feedback
Member Login | Join RealTown

St George Utah Real Estate Information

St George, Utah

This is the very best weblog you can visit to find information about real estate and what's happening in Southern Utah. We post here often about present conditions of the real estate market in Washington County and how you can benefit as either a buyer or seller. Visit our website to search the Washington County MLS anytime without having to register your name at www.BassoGroup.com

Subscribe

Your E-mail Address:
Subscribe to:

Recent Comments

RE: Habitat for Humanity Re-Store
Thank you for your great comment.  The ReStor...
RE: Habitat for Humanity Re-Store
I am so excited to see your blog. I love the rest...
RE: Reverse Equity Mortgages
I would like to find out more about reverse mortga...
RE: Comparison of National real estate trends
You are absolutely correct, there has not been a b...
RE: Comparison of National real estate trends
This is at once the worst and best time to invest...

Site Feed

RSS Feed

St George Utah Real Estate Information

Washington County Real Estate Statistics Oct 2008

Nov. 6, 2008

 

                 There is good news and bad news in our local real estate market. The good news is that there are some sales. But the bad news is that there aren’t too many and the prices are lower than they were just this past Summer. In October, there were 190 total sales in the County (including residential, land, lots, commercial and multifamily) and the average sales price was $213,746. In June of this year the average sales price was $290,741.
                 There are currently about 6319 active listings in the MLS, this includes single family, condo/townhome, lots, land, multifamily, and commercial.   With only 190 total sales last month, that leaves us with 33.26 months worth of inventory, up from June with 25.63 months of inventory. 
Single family home sales in Washington County have dropped 18% this year to date, compared with the same time period last year. 
                 As can be expected, new home sales have dropped considerably from last year, a whooping 85% overall. 
                 If you would like to know what is going on in your neighborhood, or a statistic that we didn’t address here, please feel free to call us. We would love to chat with you about our market.
 

Washington County Real Estate Statistics Oct 2008

Nov. 5, 2008

Click on this link to see a graph that will show the latest real estate statistics in Washington County Utah.  As you can see the number of sales in Oct were a little less than in Sept, and the months of inventory has increased a little more.  Hopefully now that the elections are over, there will be a little more consumer confidence and our real estate market will pick up.  There are some really great "deals" on the market right now; I have seen some fabulous luxury homes that were on the market a year ago for $1.5 million that are listed right now for $650,000. 

 members/bassogroup/files/Real estate statistics on Oct 2008.pdf

Word of the Day Ask the Experts Question of the Day