The St George Real Estate market has been in slight decline over the last year. From September 2013 to September 2014 we have experienced a 13.7% decrease in median house prices. If you look at the graph it has been a gradual decrease of about 1% per month. This is much better than a price decrease in a month or two. Some people believe that home sellers and agents, were a little optimistic in the beginning of 2014. There have been a lot of price decreases on a daily basis. For a better look at the report click here.