The pace tightened. The headlines held.
St. George's April produced a quieter year-over-year read than the surrounding cities. Closings ran four percent below last April, dollar volume eight percent below, the median and average both about three percent below. The shelf held about even with last April at seven hundred and twenty eight active homes, days on market held flat at sixty two, and the percent-of-list ratio held at ninety eight. The market kept doing its work; the pace just tightened slightly.
The under-contract pipeline grew nine percent year over year, which says the May closings should land at last May's pace or better. The active-listing days-on-market line dropped a striking thirty two percent, from one hundred and thirty six to ninety two. The shelf is moving faster than last April even though the dollar throughput is slightly lower. For the short read on where your home would price into this, my what is my home worth in St. George page is the fastest place to start.