St. George is currently tilted toward sellers, with the market gauge signaling a seller's market. There are only 4 active listings and about 1.1 months of supply in this rolling three-month view, pointing to limited options for buyers. Homes are also moving quickly, spending a median of just 13 days on the market.
Prices have cooled notably compared with a year ago, with the typical home value down more than 40 percent year over year in this rolling three-month period. At the same time, activity has picked up, as homes sold and new listings are each up roughly threefold from last year, showing more movement even at lower price levels.
Competition is still present despite softer prices. About one-third of recent sales closed above list price, and the average sale-to-list ratio is just over 100 percent, indicating that many sellers are still achieving their asking prices or slightly more. Homes are also going off the market quickly, with nearly 66 percent under contract within two weeks, underscoring the need for clear pricing and swift decisions. Whether you are a buyer trying to navigate tight inventory and faster timelines, or a seller looking to price correctly in a cooling price environment, Agent Pronto can connect you with an agent who understands the St. George market.
