A balanced opening quarter.
St. George's Q1 averaged out the soft January, the strong February rebound, and the cleanly-spring March into a balanced quarter. Closed sales finished slightly above last Q1, the median held essentially flat, and the active shelf grew by a meaningful margin. The pace clock held steady. The percent-of-list ratio firmed by a point. This was a healthier opening quarter than the count alone might suggest.
The big quarter-level signal is that supply built ahead of demand. New listings climbed sharply, the active shelf grew, and the buyer side did not quite keep pace. For the short read on where your home would price into this opening quarter, my what is my St. George home worth page is the fastest place to start.