Hello Friends,

Welcome to the weekly insider brought to you by “The Better Home Sellers” at Holiday Resort
Realty and Development. Thank you for taking the time to read our current real estate market
updates and stats for the region of Southern Utah.

Mortgage Update
Rates on 30 year- fixed home loan decreased from week to week for the first time in 2018. For the week
ending March 15, Freddie Mac announced that 30-year fixed rates dropped to 4.44% from 4.46%.

*Mortgage Information provided by Tanner Gatchell- State Bank of Southern Utah

Real Estate Market Stats

Units available Average Price Average Sqft.

Active 968 $448,991 2,394
Pending 573 $309,845 2,033
Sold 278 $305,997 1,876

Market Summary
Our market in St. George continues to move quickly, from the numbers above we see that
home prices are going up, and so is the average square footage. This indicates that the smaller
homes are becoming more difficult to find and the values of the available homes are increasing.

Motivational Quote

"To give real service, you must add something which cannot be bought or measured with
money, and that is sincerity and integrity.”

~Douglas Adams~

Holiday Resort Realty & Development -144 W Brigham Rd Suite D-1, St. George, UT 84790-
All data was taken from the Washington County Board of Realtors MLS on March 14, 2018 and include the Greater St. George
area and Hurricane Valley as defined in the MLS