St George Real Estate Market Conditions Reports and Opinions

Housing market reports, news, statistics, and opinions are brought to you by Paula Smith Red Rock Real Estate

Google

Nov. 5, 2015

156 S JAYCEE Drive, St George, UT Snowfield Estates

Snowfield Estates Home For Sale

4 Bedroom SINGLE LEVEL, 3 Car Garage, AND RV Parking

BUILT: 2012

PRICE: $349,000

4bedroom/2bath/2388sqft

If you're searching for a St George Utah home for sale, this is better than new construction and the opportunity to get more for your money!  Snowfield Estates is a beautiful community with newer homes which is tucked away on a very quiet street with the luxury of being located near everything.  You’ll be able to catch the bike and walking trails as well as golf courses, shopping, and parks just down the street.  This beautiful home is sure to please, with sought after features that are typically only available in a custom home. SINGLE LEVEL living AND RV parking on this larger lot along with a larger (deeper) 3 car garage having epoxy floors and an additional storage room.  You’ll appreciate the pool size larger lot and the private patio where you can enjoy your piece of St George paradise.  

Now let’s go inside and continue to check all of the MUST HAVES on your list!  You’ll walk in and instantly love the travertine floors with wood inlay greeting you at the entry.  The neutral tones and finishes throughout will make decorating easy, no matter your style.  The spacious kitchen with ample counter space and well appointed finishes such as the chiseled edge granite counters and an island with counter seating, which is open to the greatroom and looks out to the backyard.  The dining area is just off the kitchen will provide plenty of room for entertaining several guests.   The living room is generous in size, you won’t have any trouble arranging your furniture, and you’ll love to cozy up on winter nights and enjoy the fireplace thoughtfully placed to maximize furniture placement.  There are travertine floors throughout the traffic areas.  The bedrooms are larger than many current homes being built and offer a split floor plan, having 2 bedrooms on one side and the master on the other side.  There is a 4th bedroom (or office/den) as well.  Traveling down the hallway, you’ll appreciate the separate dedicated laundry room.  No more going through the laundry room when you’re coming from the garage.  There are cabinets and a large counter which completes the space.  The master bedroom is amazingly spacious.  No matter the size of bed you have—this room will accommodate.  There is a door that leads to the patio from the master.  The bathroom features a separate tub and shower as well as a private water closet.  The large walk-in closet is sure to please.  The rooms have ceiling fans, 3” blinds on the windows, water softener, plumbed for central vacuum, fully fenced (with an RV gate), and it’s totally landscaped with trees that are already maturing (these features will save you so much money over new construction).

The RV parking will accommodate larger rigs and there is a cleanout on that side as well.  There is room for a pool on either side or directly in back.  

The HOA is in place which will ensure that the community remains with its current high integrity, and the cost is only $75/year.  

Taxes $3673 based on a non-primary residence, a primary resident will have a 45% exemption. 

CONTACT PAULA SMITH TODAY TO VIEW THIS HOME 435-773-3751

 

Oct. 18, 2015

SunRiver St George Market Report October 2015

It’s been a while since I’ve done any statistics exclusive for Sunriver, so I’m taking a moment to get this task complete.  Things have been moving in Sunriver…well people seem to be buying anyway!  We have an absolute shortage of sellers!  For the first time since I’ve been monitoring the Sunriver market (well over 8 years) inventory is at an extreme low.   Typically, there is an average of about 80 homes for sale (with maybe 20 of those being new construction) and as of today there are only 49 homes for sale and of those only 34 of those being resale homes.  

Whats Selling in Sunriver?

Currently, there are 33 homes Pending in Sunriver and of those,  17 are resale.  This number would likely be higher if there were more resales in inventory to choose from.  Since September 1, 2015 there have been 24 SOLD homes in Sunriver and of those 24, 14 were resales.   Check out this illustration which shows the past two years of SunRiver St George real estate statistics. 

SunRiver St George Sold Homes Report

New construction is moving in Sunriver.  Last week I had two buyers purchase new construction homes.  The largest factor for new construction to be doing so well, is the fact that the inventory is so low.  Buyers are not able to find the home they want, so they are required to build in order to get it.  Of course new construction always costs more, but if the buyer has a more specific list—it’s really the only way to find what you want.  Also, there is a decent selection of hard to find view lots recently released in Sunriver.  This seems to be encouraging buyers (new buyers and current residents looking to trade up) to purchase a new construction.

If you’ve got a home in Sunriver and you’re thinking of selling, please give Paula Smith of Red Rock Real Estate a call right away.  I can give you a free market analysis and give you an idea of what your home will likely sell for.  If you’re thinking of buying, let me know if you are not already on the Automated Alert and I’ll make sure to add you.  This will send you all Sunriver listings as soon as they hit the market.  Prices are trending up due to supply and demand, it's time to jump off the fence and get into the buying and selling pool. 

Paula Smith Red Rock Real Estate

Aug. 23, 2015

August 2015 St George and Sunriver Market Report

We are nearing the end of summer mark, with Labor Day fast approaching.  It’s been hot here in St George, both the weather and the real estate market.  We’ve gone over 100 since August first---100 degrees and 110 homes went pending in St George alone!  Here is a snapshot for the past 30 days (since July 23, 2015) for the Greater St George area (includes St George, Washington, Santa Clara, & Ivins)

SOLD:  235
PENDING:  218
Currently Active: 1,060

Here are the numbers specific to SUN RIVER:

SOLD:  15
PENDING:  15
Currently Active: 55

How Does this St George Market Report Compare?

See the picture below to find a year to date comparison for the St George Utah real estate market.  This illustrates that almost every month we’ve sold more homes than the previous year.  August is showing incomplete (since today is only the 23rd) but I’m guessing we’ll exceed last year’s numbers as well.  It’s also interesting to note that the median sold price is also higher.

St George Utah August Market Report

View More
July 10, 2015

St George Housing Market Report July 2015

It’s HOT in St George!  Not only in our recent temps but also in our St George housing market.  Last week was an unusually HOT week for our St George area summer weather, but more interesting has been the surge in home sales that has been going on coupled with the reduced number in inventory which has created high demand. 

St George Utah Home Inventory Levels

View More
May 7, 2015

Sunriver St George Market Report May 2015

Sunriver St George

Sunriver  St George is an active adult (55+) community located on the south west side of St George; just across the Arizona border.  Sunriver continues to be a popular choice for buyers searching for an adult community.  It’s the largest 55+ community in the area and is one of the newest communities as well; they are still building new construction in Sun River.   Most other  55+ communities in St George (and surrounding areas) tend to be smaller and most were competed in the 90’s.  Contrary to popular belief (and as marketed by some online) Entrada is NOT a 55+ community.   So if you’re searching for an exclusive 55+ community in St George Utah and you’d like something built in the past 10 years, SunRiver will likely be top on your list.  You’ll definitely get more bang for your buck on a resale home in Sunriver, most new construction has a reasonable starting price, but once you get to the design center, you can expect to pay $25,000 to $100,000 more in upgrades.  Most buyers will average about $35,000 in typical upgrades in any design center (on a 1500-1700sqft home).  Of course the price goes up with more extravagant choices and/or larger homes.  New construction can be a great option however, if you are unable to find exactly what you’re looking for.  The appeal of a new home is always high on a buyers list.  

View More
March 11, 2015

SunRiver St George Housing Market Report March 2015

Sun River is a large (55+) active adult community located within St George Utah.  There are approximately 2100 homes within this community with plans for a total of about 2,500, making it feel like a small town but it is actually a subdivision in St George.  Interest for Sunriver is always high.  Buyers flock to the community from all over the US and buyers within the community will sell and purchase another Sunriver St George home.  So the question on everyone’s mind….what’s the housing market like in Sun River St George?  I’m thinking of buying in Sunriver and I’m thinking of selling my Sunriver home.   This report will break down the current SunRiver real estate market conditions, and if you’re looking to buy or sell in Sunriver, can I earn your business?

As of today (March 11, 2015) there are 63 Active homes for sale in Sunriver.  Of these, 48 are resale (preowned) homes and 15 are new construction (spec) homes.  This number is about average for Sunriver.  I am often asked “why are there so many homes for sale in Sunriver?”  Honestly, this number is very low considering the overall number of homes there are in the community.  They are still building in Sunriver and this is expected to continue for the next couple of years.   There are 21 homes pending and of these-13 are resales and 8 are new construction.  In the past 30 days 8 SunRiver homes have sold and of those, half are resale.  Much like the rest of St George, Sunriver saw a dip in sales over the past 2 months.  This is not uncommon and the past 2 years of data illustrates that we are very typical for this time of year.  If trends continue, Spring should produce higher sales.  Here is a graph illustrating the past 2 years of data.  Keep in mind; this is ONLY for SunRiver St George.

View More
March 10, 2015

March 2015 St George Utah Real Estate Market Report

St George Utah Market Report March 2015

This report will cover the St George Utah real estate market, including the “Greater St George area” (St George, Washington, Santa Clara, and Ivins) for March 2015.  This first image best illustrates the long term market snapshot showing the past 2 years of data.  You’ll notice that overall, the number of listings is a bit higher and sales are steady, though lower when compared to 2013.

St George Utah Real Estate Market Report

View More
Posted in Buyers, Sellers, Statistics
March 10, 2015

180 N 1100 E #1 Washington UT Kings Row Estates

Kings Row Estates Home For Sale

Looking for homes for sale in Kings Row Estates?  This popular 55+ community has a lot to offer, combined with an affordable price range; this creates the perfect combination for a sought after community.  Kings Row is located in Washington Utah, just 5 minutes from St George and centrally located near major shopping, parks, and dining.  You’ll love the country feel while not sacrificing a bit of convenience. 

REDUCED in KINGS ROW ESTATES

 

Kings Row Estates

Price: $55,000
MLS 15-163660

Bedrooms: 2
Bathrooms: 1.5
Square Footage: 929 (approx)

 

View More
Jan. 29, 2015

235 N Stone Mountain St George, UT Shadow Mountain

Shadow Mountain St George Home For Sale

235 N. Stone Mountain Drive
St George, UT 84770

Very Clean & Updated!
Mountain Views!

Price: $239,000
MLS 15-163205

Bedrooms: 4
2 Car Garage
Bathrooms: 2
Square Footage: 1,800

View More
Jan. 5, 2015

What Is My Home Worth in St George

St George Utah Home Value

St George House Prices - What is the Price of My House"What is the price of my house?"  Or, “What can I sell my house for?” are two questions I hear frequently.  If you’re curious about St George Utah home values and what your home is worth if you are to sell, be sure to check out my new St George House Value tool

Keep in mind, this tool is not an appraisal of your home, and the accuracy may not be correct in all circumstances, but for the most part the tool offers a useful and accurate guide.  Feel free to run the property valuation tool and I’ll follow up with an offer for a more comprehensive Comparable Market Analysis if you’re interested.  If you’re looking for a St George Utah listing Realtor, contact Paula Smith today.  I specialize as a listing agent and marketing professional for all residential homes in St George, SunRiver, Santa Clara, Ivins, Washington, and Hurricane.  

St George Utah Listing Realtor

If you are searching for a luxury home Realtor or if you have a vacation home you’d like to sell, I can match your property with the multiple buyers I already have on file.  Contact Paula Smith listing agent St George Utah with Red Rock Real Estate (formerly with Re/Max First) at 435-773-3751 or click here: Contact Paula