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Monthly Market Report

Hurricane housing market
March 2025

March pulled the mix back to normal. The high-end surge that defined February gave way to a steadier middle of the market, but the supply build and the pipeline kept right on growing. From the Washington County MLS, the honest read.

Hurricane single family, March 2025

The numbers,
year over year.

Every figure below is Hurricane single-family residential for March 2025, set against March 2024. Same month, one year apart.

Scope and source

Hurricane single-family residential. March 2025 compared to March 2024. Closed transactions only.

Based on information from the Washington County Board of REALTORS® Multiple Listing Service for the period 3/1/2025 through 3/31/2025.

Median sale price
$567,919 -4% YoY

Down from $592,500 last March. The dip is mix moving back toward the everyday Hurricane home after February's high-end-heavy month, not a price softening across the board.

Under contract
55 +57%

Single-family homes under contract at month end, up from 35 last March. The pipeline reloaded after February's heavy conversion and is now the deepest spring setup this dataset has shown.

Active inventory
315 +41%

Homes available, up from 223 last March. The shelf keeps deepening, with builder homes and resale listings both contributing. The widest March supply in this dataset.

Closed sales
36 +20%

Single-family homes closed in March, up from 30 a year ago. Clean year-over-year growth in transaction count, without the base-effect amplification February carried.

Average sale price
$645,739 down 10%

Down from $718,861 last March. The average pulled in toward the median after February's high-end stretch. A cleaner reading of the typical Hurricane sale this month.

New listings
67 +31%

New single-family listings hit the market in March, up from 51 a year ago. Sellers continued to arrive in volume, which is what is keeping the shelf deep even as sales pick up.

Days on market
83 7 days faster

Median days from list to under contract, down from 90 a year ago. With the pipeline this deep, the homes that fit the bid did not sit; the typical sold home moved a touch quicker than last March.

Sold dollar volume
$23.2M +7%

Total single-family dollar volume closed in March, up from $21.6M. More homes selling at lower average price still grew the volume modestly, year over year.

Percent of list price
98% Flat YoY

Sellers closed at about ninety-eight percent of list, same as last March. Across all residential, the average Hurricane home traded roughly ten thousand under list.

The full picture

Every metric, March 2025 vs March 2024

Metric March 2024 March 2025 Change
Median sale price $592,500 $567,919 down 4%
Average sale price $718,861 $645,739 down 10%
Closed sales 30 36 up 20%
Sold dollar volume $21.6M $23.2M up 7%
Active inventory 223 315 up 41%
New listings 51 67 up 31%
Under contract 35 55 up 57%
Days on market (sold) 90 83 down 7 days
Days to close 121 131 up 8%
Avg days active listings sit 166 169 up 1%
Percent of list price 98% 98% flat
The picture

Hurricane, at a glance

Median sale price trend

Median single-family sale price by month. Each line is a year; the current year is highlighted in sky blue. Watch how prices move with the seasons and where this year sits against prior years.

$660k $600k $540k Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2025
Median price, year over year

March 2025 against March 2024, single-family median sale price.

$592,500 Mar 2024 $567,919 Mar 2025
Market at a glance

The supply build did not stop. The pipeline answered back.

March is where Hurricane's spring shows what it really is. After January's quiet load and February's high-end catch-up, March 2025 settled into a more typical Hurricane rhythm: sales growing at a healthy but not headline-grabbing pace, with the mix of homes that closed reverting back to the everyday middle of the market. Median and average both came down year over year, not because pricing weakened but because the high-end stretch that defined February did not repeat in volume.

The story is on both sides of the page. The supply shelf reached three hundred and fifteen single-family homes, up forty one percent from last March and the deepest March count in this dataset. At the same time, the homes going under contract climbed fifty seven percent year over year, the highest March pipeline this market has shown. Sellers are arriving in volume, buyers are matching them in commitments, and the inventory is being absorbed roughly as fast as it builds. That is a healthy market, not a softening one. For the short read on where your home would price into this, my what is my home worth in Hurricane page is the fastest place to start.

What changed since last year

More homes traded, faster, on a steadier price.

Set March 2025 against March 2024 and the cleanest signal is on the count side. Sold homes grew twenty percent, under-contract grew fifty seven percent, and new listings grew thirty one percent. The activity lifted across the board. Median and average prices dipped on a year-over-year basis, but the percent-of-list discipline held flat at ninety-eight, which says the typical Hurricane home is still selling close to its asking price. Mix, not market weakness, is what is moving the price-per-home averages this month.

Days on market actually came in a touch faster than last March, which sits oddly next to the deeper shelf. The answer: homes that price right do not have to wait, even when the inventory next door is wider. With the pipeline this deep, the well-prepared listings are getting through to contract; the overpriced or undermaintained ones are the ones lengthening the shelf average.

If you are selling

A deep shelf rewards the well-prepared listing.

Three hundred and fifteen active homes is a lot of competition. The line between a March sale and a March home that lingers is sharper than it was a year ago. Pricing to the band that the comps actually support, presenting the home in a way that out-classes the next four listings on the search results, and getting the launch right in the first two weeks: those are the levers, and the data this month says they are working when used. The well-prepared, correctly priced home is getting through to contract at a fifty seven percent higher rate than last March.

The under-contract count is the lead-up signal sellers should read carefully. With fifty five homes under contract at month end, April closings should land at a strong pace. If you are eyeing a spring sale, the calendar is open, but the deep shelf means execution matters more than it did a year ago. See how I take a Hurricane home to market on my sell your Hurricane home page. If the timing question is weighing on you, the should I sell now or wait calculator runs the math both ways.

Get your pricing band
If you are buying

The widest choice of the spring. The most competition for it, too.

Hurricane buyers in March have something rare: real selection. Three hundred and fifteen active single-family homes is more inventory than this market has shown in any March in recent memory. The flip side: fifty five contracts written in a single month says other buyers are not waiting around. The serious shoppers are out, and they are committing.

Different pockets are moving at different speeds. The newer, larger-floorplan builds in Falcon Ridge and the established homes in Hurricane Views trade differently than the golf-side builds in Elim Valley or the upper-tier homes in Firerock. Sort the pocket question first; that is where leverage actually lives. If new construction is on the radar, the new construction in Hurricane rundown covers what builders are actively delivering.

The season

Spring with its full crowd, on schedule.

March is when Hurricane's seasonal calendar lands at full strength. The snowbirds who decided to stay are committing. The Zion gateway travelers start scouting second homes. The Sand Hollow recreation buyer is back to thinking about lake-side proximity now that the boat ramp will reopen soon. Spring break travel gives more buyers a reason to look in earnest. All four buyer pools are active at the same time, which is what spring is supposed to feel like, and the March data backs that up cleanly.

Same-period-prior-year remains the right read. Comparing to February reads the calendar; comparing to last March reads the market. On that basis, March 2025 is the busiest March this market has shown in this dataset, even with the price-per-home averages running below last year's. Activity, supply, and pipeline are all louder; price is the quieter line.

The Fed and rates

The Fed held. Hurricane's pipeline still loaded.

At the March 18-19 meeting, the Federal Reserve again left the policy rate at 4.25 to 4.50 percent, the second straight hold to open the year. The committee's updated projections kept open the possibility of cuts later in the year but framed the path as conditional on continued progress on inflation. For Hurricane's investor and second-home buyers, who pay closer attention to rates than the typical resale buyer, the message is now several months old: the Fed is in no hurry, and the buyer pool here has clearly stopped waiting on it.

The pipeline that built in March, fifty five contracts on top of February's already strong base, says the Hurricane buyer is making decisions at current rates rather than betting on a near-term cut. That is the healthier setup heading into the rest of spring. Source: Federal Reserve, FOMC statement, March 19, 2025.

Looking ahead

April closes what March pipelined.

Two things to watch from here. First, whether April's closings reflect the fifty five contracts in flight at March's close. If the conversion rate is normal, April should land at a strong sold count, which would be the third consecutive month of year-over-year volume growth. Second, whether new listings keep arriving at this pace. If they do, the shelf stays deep through April, which is genuinely useful for buyers and demands sharper execution from sellers. If new listings cool, the shelf will work down faster than the pipeline alone would suggest.

City-wide numbers are not your home. A 1990s ranch in Pecan Valley trades on a different curve than a newer build in Cordero or a bench-side property in Sky Ranch. If you are weighing a move and want to see where you stand before listing, the equity position calculator is a fast first look. For the calibrated read, the no-obligation valuation is the next step.

Pricing your home

The city number is not your number.

Hurricane is layered. A primary-residence single-family home in Sky Mountain, Dixie Springs, or Cordero trades on a completely different curve than an STR-zoned condo or townhouse at Sand Hollow Resort or in parts of Pecan Valley, and the gap between the two has only widened in the last twelve months. A citywide median averages those two markets together into a number that fits almost no individual home. Real pricing starts at your parcel, comparing recent closings inside your subdivision and your product type, then adjusts for view, lot, and rental rights. The fastest read on where your home likely lands is the what is my home worth in Hurricane page, then a full home valuation turns the band into a calibrated number.

Timing matters more here than in cities without an active STR overlay. If you are deciding between listing now and waiting, the should I sell now or wait calculator runs the math on carry cost against probable appreciation, and the seller net sheet shows what you would actually pocket once the costs you cannot avoid come out. Getting the first list price right in week one is the single biggest lever you control, because the Hurricane buyer pool is more selective than it was a year ago and any overpriced listing quietly trains the market to wait you out.

Hurricane neighborhoods

STR or primary residence. Two cities under one zip code.

Hurricane is not one market either. Sand Hollow Resort STR product trades against a national pool of Vrbo and Airbnb investors and underwrites off projected nightly revenue. Sky Ranch, Hurricane Views, Falcon Ridge, and Dixie Springs trade against Wasatch Front buyers on conventional financing. Two homes four hundred yards apart can have completely different rental rights, completely different buyer pools, and completely different price discovery. National algorithms miss this entirely.

That is why the neighborhood lens is the starting point here, not a footnote. Whether your home sits in a Cordero or Firerock primary-residence pocket, on a Sand Hollow Championship Course view lot, or inside a designated STR overlay, the marketing pitch has to match the actual buyer pool for the product type. My full breakdown of every Hurricane area, what it offers, who buys there, the rental rules, and how it tends to price, lives on the Hurricane neighborhoods guide. Start there before you anchor to a single listing.

Your next move

The sale is one half of a two-part move.

Most Hurricane sellers are landing somewhere next, and the two halves go far smoother planned as one. If you are scaling up for a Sky Ranch view lot or a Cordero floor plan with more room, my moving up in Hurricane guide covers the sequencing so you are never stuck owning two homes or scrambling with none. If you are tapping equity and going the other way toward a low-maintenance single level closer to town, the right-sizing in Hurricane page walks through doing it without leaving money on the table.

New construction is genuinely worth a look in either direction, because Hurricane carries more active and entitled lots than any city in the region. Sand Hollow Resort, Cordero, Copper Rock, Firerock, and Peach Springs Estates all run consistent inventory with active builder incentives. My new construction in Hurricane guide breaks down the active communities and the builder bench behind them. When you are ready to list, the full story of how I take a Hurricane home to market lives on my sell your Hurricane home page. Whichever direction you are headed, I can quarterback both sides of it at once.

What is your Hurricane home worth in this spring market?

The data above is the market. Your home is specific. Start with a no-obligation valuation and get an honest pricing band for your exact home in your exact Hurricane pocket. No pressure, no signup wall, no marketing list.

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