Southern Utah Real Estate Market is Hot

If you have looked at the St. George area in thoughts of purchasing a home now is a great time to buy.  The market has really taken off in the past year.  We are 10% above what we did in 2010.  The amount of inventory is at the lowest since the days of the run up in 2005.  We are currently at a 6 month absorption rate and with the amount of buyers in the market things are sure to get exciting.  I had two homes listed under $190,000. and had multiple offers on both homes in a very short period of time.  On one of the homes I had over 20 showings in less than 2 weeks.  We had 4 offers on that home and more people wanting to purchase it.  This is great news if you are trying to sell a home in the St. George area.  For the past few years home sellers have taken a beating.  Now they will be able to price there homes without feeling like they have to give it away to sell it.  If you are looking for a home in the St. George area it is time to get hooked up with a great agent (me) and let me help you hone in on a great home before the picking is really slim.  We are no longer in a strong buyers market, the market is really a neutral market.  That being said, there are still some really good deals to be had, because not every one is up to speed on what is going on.  In the next few months that will change and prices will start going up noticeably.  You can check out the listings that are currently available by clicking on the washington county property search button on the home page or at www.southernutahhousefinder.com.  If you would like up to the minute information please feel free to contact me anytime during business hours.

One Response to “Southern Utah Real Estate Market is Hot”

  1. admin says:

    I have been writing blogs for a few years now. I created my website to make it as easy as possible for people to find properties and information about the current real estate market.
    I am glad you enjoyed it.

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