St. George, UT Real Estate Listings & Homes for Sale

In October 2024, St. George home prices saw a modest increase of 1.4% year-over-year, with a median sale price of $465K. This slight uptick reflects a stable market, where demand remains steady. Homes in St. George are selling faster, averaging 31 days on the market compared to 37 days last year, indicating improved buyer activity or more competitive pricing strategies by sellers. Interestingly, the number of homes sold remained consistent at 82 for both years, suggesting a balanced market with steady transaction volumes despite the minor price increase and quicker sales pace. This stability makes St. George an appealing market for both buyers and sellers.

St. George’s housing market is moderately competitive, with homes typically selling in about 35 days. Some properties receive multiple offers, reflecting strong interest in select listings. On average, homes sell for approximately 1% below the list price and go pending within 35 days. However, highly sought-after "hot homes" can sell at or near the list price and often go pending in just 14 days, highlighting strong demand for certain properties.

The St. George market remains challenging for single-family home buyers, with slightly more inventory but rising prices compared to last year. Competition has eased recently, giving buyers more room to negotiate, though securing financing and acting quickly is still crucial to avoid losing out. As winter approaches, expect home prices to stay on an upward trend.