St George Quarterly Reports 2019 Year End St George Quarterly Report | Page 5

HURRICANE VALLEY
The Hurricane Valley is known for its world-class outdoor adventure. The area is dense with mountain bike trails, OHV
destinations, camping, and water sports at two area state parks, set among red rock mesas. Small city charm is evident in
Hurricane, La Verkin, Toquerville, and Apple Valley.
$
UNITS 458
558
AVERAGE
9%
$336,875
2018
641
2019
529
592
2019
single family homes
MEDIAN
SALES PRICE
8%
$314,500
TOWN HOMES
Average and Median Sales Price
32
48
2018
46
2019
condominiums
60
66
2019
condominiums
AVERAGE
MEDIAN
SALES PRICE
SALES PRICE
6%
2015
190
$236,025
236
AVERAGE
SALES PRICE
2018
179
182
175
2019
townhomes
MEDIAN
SALES PRICE
4% 6%
$121,214 $79,000
i
Takeaway: Single family home sales in the Hurricane Valley remain stable. New product available in the valley led to a
11% increase in home sales over the past 12 months pushing the median sales price up 8%. There remains healthy activity
throughout the Hurricane Valley across all property types and continued new construction will increase supply in the area
over time.
All statistics are based upon Wasatch Front Regional MLS data for the period of 1/1/19 to 12/31/19.
2019
2019
*Percentage change compared to the same time previous year, rolling 12 month format.
YEAR END
2017
MED
2016
2019
townhomes
5%
$235,969
K
2019
2017
2016
2015
2017
2019
single family homes
SALES PRICE
2016
2015
Average and Median Sales Price
CONDOMINIUMS
$
Average and Median Sales Price
$200
SINGLE FAMILY HOMES
$
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