In other words…Do we have more homes for sale than we have buyers? If so this translates to buyers having increased opportunities for negotiation, price reductions, and concessions from sellers. Take a look at a valuable tool I have created for you. My Market Summary for St George Utah real estate will provide you with an easy to follow graph detailing exact percentages and numbers every month. These numbers are taken directly from our St George Utah MLS!
You can see right now, today, we are very close and approaching a Buyer’s market! There are some things to take in to consideration with these numbers. One being how many of these active listings are actually in Washington County Utah? As a St George Realtor some listings are out of the county. That will be the case for a lot of St George Realtors. But don’t despair if you are looking to purchase real estate in St George and Washington County Utah. If you look at the numbers the St George Real Estate market has been trending, slowly but steadily towards a market that favors buyers!
Let me share with you some things that are contributing to a buyer’s market here in sunny St George and all of Washington County Utah. We currently have a large inventory of homes, giving you a wider selection. You will be faced with less competition because of higher interest rates. Unfortunately making borrowing money expensive, which will price some potential buyers right out of the market, reducing demand. Adding to that is Fewer competing offers creating less competition among buyers. To the buyer this means bidding wars are less common, or over! Buyers are facing less pressure to remove contingencies.
Call me today so I can give you a private tour and show you the inside of all the homes for sale in Washington County. I can show you any home for sale in the St George area listed by any company.
Remember you can customize any St George or southern Utah home for sale search any way you want it. Get timely updates on any of your favorites. See them before many agents even wake up! And it’s FREE and available to you 24/7.
If you have any questions or need any help with your search. We are here and very responsive to your wants and needs and happy to assist in customizing a search just for you.
Contact me now and I can help get you fully qualified. I have a team of experts that know how nto get the job done! Let me introduce you to them.