Sunriver in St George Utah is a 55+ active adult community. There are approximately 1700 homes within the subdivision, so it’s the largest adult community of its kind in Southern Utah. Home prices in SunRiver start in the 130,000’s for their smaller homes around 1000sqft and prices go all the way up to $1 million for the high end homes typically available in Reflections or on the golf course. Homes that will fetch the higher price tag will often come with a superior view, however most homes in the gated section of Reflections typically start at $500,000.
SunRiver St George Market Conditions
So let’s take a look at the current SunRiver market conditions and statistics, we’ll also take a look at which homes are selling in Sunriver as well as the foreclosure activity. As of today, there are: 55 homes for sale in SunRiver and of that number 3 are of distressed status (short sale or foreclosure). While the distressed number is extremely low in comparison to St George proper this is a bit higher than normal, as Sunriver usually only has 1 or 2 distressed homes at any given time. I do not believe this is cause for concern, and I also believe this number may rise slightly over time due to the high volume of Reverse Mortgages the community uses.
What Homes Sold in SunRiver?
Over the past 3 months there have been 20 homes sold and for the past 6 months there were a total of 51 homes sold. Of the 51 homes sold in the past 6 months, 5 homes were of distressed status (again, slightly higher than years past, but again no reason for concern). Here is a graph that illustrates the most popular price ranges for sold homes in Sunriver.
The $200,000 to $250,000 price range remains the most popular among buyers, which this price range being the most sought after is fairly typical for SunRiver as well as St George.
St George Gated Communtiy 55+ Active Adult Neighborhood
An interesting note is the price range of the Pending homes in Sunriver. Current pending homes are showing in a higher price range, with 9 of the 12 being over $275,000. Could this be an indicator for a trend that the upper price ranges are starting to gain traction? Only time will tell. I’ve got a spectacular upper end home in the gated section of Sunriver: Reflections. If you’re looking for an exclusive gated community in a 55+ community, consider Reflections within SunRiver. This community is significantly smaller having only 100 lots (approximately half developed) and this area offers its own clubhouse, gym, and pool; in addition they have access to the main Sun River clubhouse, pool, and standard amenities.
Here is my listing if you’d like to check it out. Contact Paula Smith if you'd like to see this home while you're out at the Parade of Homes 2013. I can schedule a private showing.