🏘️ Active Listings: 1,371
In the Greater St. George market we had 1,371 homes for sale in April. Inventory over the last three months has stayed basically the same — just a slight decline. We saw a huge surge in homes hit the market in February as sellers prepared for the spring market, and it has held steady since then. Normally as we near the end of summer we'll start to see that inventory decline again.
If you're looking to buy right now, there are a lot of really great options. As a seller, you do have some competition — but homes are still selling. The buying market has been fairly active with 327 homes selling in April. Be prepared to negotiate and offer seller concessions to buyers.
💰 Median Sales Price: $515,000
I prefer using the median sales price over the average sales price. When really expensive homes sell, they skew the average higher than the real picture — the average sales price right now is $630,000. The median gives a more accurate view of what's actually happening in the market.
The most common move-in ready homes are selling for right around $515,000. This past month I helped several people buy homes right in that price range. Between $450,000 and $700,000 there are approximately 500 homes for sale — ranging from new builds to fixer-uppers.
📊 Current Mortgage Rates
| Loan Type | Rate |
|---|---|
| 30-Year Conventional | 6.25% |
| 30-Year FHA | 5.75% |
| Bank Statement Income (20% down) | 6.375% |
| 1099 Income Loan (20% down) | 6.5% |
| Investment Property (25% down) | 6.375% |
* All rates listed come with a 1% rate buy-down charge. Rates are subject to change.
🇺🇸 NAR Monthly Real Estate Report
Here's what's happening on a national level according to the National Association of Realtors:
Questions About the Market?
Whether you're thinking about buying or selling, we're happy to walk you through what these numbers mean for your specific situation — no pressure, just straight answers.