June 2018 Washington County, Utah Real Estate Market Video Update
June 18, 2018
June 2018 Washington County Real Estate Market Video Update
Summit Sotheby’s International Realty has released information about real estate markets in Washington County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.
Washington County – Single Family Homes: Active inventory was down 22% from 2017 with 791 units on the market and down 9% from the previous month. The median listing price was just under $430,000. The average days on market was down 7% from 56 days in 2017 to 52 days in 2018. The median sales price was just under $330,000. The averages for units sold in the month decreased 1% for units sold year over year and increased 18% month over month with a total of 369 units sold.
Washington County – Condominiums: Active inventory was up 14% from 2017 with 104 units on the market and down 13% from the previous month. The median listing price was just under $280,000. The average days on market was down 39% from 61 days in 2017 to 37 days in 2018. The median sales price was just over $190,000. The averages for the month show an increase of 8% for units sold year over year and a 1% decrease over the previous month with a total of 79 units sold.
To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update