January 2014 Market Report

January 2014 Market Report for the St George and surrounding areas. The real estate picture continues to improve, with sales and listings on the rise.

201 E. St. George Boulevard St. George, UT 84770
Office: (435) 628-1606 | Toll Free: (800) 372-2765 | Fax (435) 628-3270
WWW.ERABROKERS.COM
ERA BROKERS LOCAL MARKET REPORT
OFFERED AT $769,900
307 N Painted Hills Ivins, UT 84738
• In January there were 763 new listings in Washington County which was
a 23.3% increase compared with last years 619 new listings.
• Median home price increased by 11.4% over January last year. The six
month rolling average increased 19% over the same six months last year.
• The number of days on market rose to 84 days for the month of January.
• With 299 sales per month, closed sales increased by 15% compared with
the same six month period, last year.
• 115 residential building permits were pulled in January.
ERA BROKERS CONSOLIDATED
WASHINGTON COUNTY MONTHLY MARKET REPORT
Building Permits 87
The source of the data for this report is the Washington County Multiple Listing Service, Utah Association of Realtors and Construction Monitor. JANUARY 2014
ERA BROKERS MARKET REPORT – JANUARY 2014
WASHINGTON COUNTY
January 2013 January 2014 + / -A ug-13 – Jan-14
New Listings 619 763 23.3% 569 29%
Pending Sales 358 306 -14.5% 292 3%
Closed Sales 227 224 -1.3% 299 15%
Median Sales Price $179,500 $200,000 11.4% $213,385 19%
Average Sales Price $220,390 $243,892 10.7% $242,491 13%
Discount to Sale Price 3.7% 5.5% 48.6% 3.4% 4.4%
Days on Market 82 84 2.4% 66 -18%
Inventory of Homes for Sale 1698 2104 23.9% 1986 14%
Months Supply of Inventory 5.9 6.3 6.8% 6.0 -2%
115 32.2% 134 38%

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