The St George real estate market is historically right on track. They say “history repeats itself” and in the case of our market, this appears to be true. The graph below does a great job with illustrating conditions over the past 3 years. You’ll notice that we tend to spike with homes listed in January to February, this is largely due to the Parade of Homes here in St George and secondly due to sellers who wanted to get through the holidays before listing their home for sale. So, the surge in new listings is very typical for this time of year though we are about 8.6% higher when compared to February 2013. This likely stems from seller confidence in the market, realizing that it is a better time to sell than it was last year. Interestingly enough, this also tends to be our two slowest months, this year falling right in line with traditions; however I would like to point out that this was our slowest February since 2011. That said, back in 2011 we did have a higher number of active homes, and the “Months in Inventory” was higher.