Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You can always call us at (435) 215-4533 for a FREE home buying or selling consultation to answer any of your real estate questions.
The most common question I'm asked is about the state of the market.
That question has multiple answers, depending on whether you're buying, selling, or investing in St. George real estate. What you need to know right now is this - we are seeing the hottest home selling market that St. George has experienced in more than a decade.
What does that actually mean? Well, many homeowners are actually selling their homes for more money than asking price. Get this - over the course of 45 days we had 15 clients in multiple offer bidding wars for their homes. One of our clients recently received an offer that was $21,000 above her asking price!
What it means for you is that this summer may be the best time to get maximum value for your home before the market shifts. Secondly, this market and the record-low interest rates won't last. They never do.
Do People Buy and Sell St. George Real Estate During the Summer?
Did you see the 113 degree temperature on the sign just now and are you wondering, "What's Jeremy doing out in front of his alma mater, melting on a summer afternoon?"
We're here to answer the question, "Do people really buy or sell real estate in St. George during the summer?"
The short answer is a resounding yes. The longer answer is that you'd actually be surprised by how many do.
Looking at home sale data from 2015, we saw that nearly 1,100 homes sold from June 1st to September 1st. It was actually nearly 1/3 of homes sold for the entire year sold in that quarter of the year.
Now people do make buying and selling decisions based on the seasons such as snow birds who don't want to be here in the summer versus educators who only move during the summer based on their work schedule.
The reality is, yes folks, you can sell your home during the summer months. People do buy them. If you have questions about your personal home buying and selling situation on whether this summer is the right time for you to take action. Give us a call. We'd love to discuss your personal situation.
