The pace eased. The price held.
St. George's May was a study in stability. The single-family median came in at $609,274, within a few hundred dollars of last May's $609,000, dead even year over year. Closings ran seven percent lighter at one hundred and thirty, dollar volume five percent lighter at ninety five point four million, and new listings sixteen percent lighter at one hundred and ninety two. The market did less business than last May, but it did it at the same price. In the deepest market in the county, that flat median is a real signal, not small-sample noise.
The cleanest line in the report is the active-listing days-on-market figure, down thirty eight percent from one hundred and thirty five to eighty three. What came on the market kept moving, and moved faster than a year ago. The under-contract pipeline held nearly even at one hundred and forty six against one hundred and fifty last May, so June should close at roughly last June's pace. 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.