St George Quarterly Reports 2019 Year End St George Quarterly Report | Page 6

ZION PARK
It doesn’t take people long to fall in love with this majestic area and many more people are looking to call Zion Park home.
Zion Park includes Springdale, Virgin, Rockville and Mt. Carmel.
SINGLE FAMILY HOMES
$
27 24 27 23
2019
single family homes
$516,627
$500
MEDIAN
SALES PRICE
2%
$464,350
29
2019
condominiums
MEDIAN
SALES PRICE
2%
$332,500
2015 2016 2017
34 24 33
AVERAGE
AVG
$180
2019
townhomes
2019
2019
single family homes
2018
14%
Average and Median Sales Price
2017
AVERAGE
VACANT LAND
2016 2015
SALES PRICE
UNITS
Average and Median Sales Price
$
2018 2019
33 26
2019
townhomes
MEDIAN
SALES PRICE SALES PRICE
20% 51%
$144,227 $49,250
*Percentage change compared to the same time previous year, rolling 12 month format
i
Takeaway: The gateway to the world-renowned Zion National Park is a niche market and a sale or two can have a significant
impact on the statistics. Please note small sample sizes. 2018 was truly a banner year for the Zion Park due to several high-priced
home sales which resulted in a revision to the mean for the 2019 period. Although in 2019 the number of single-family home
sales increased by 26%, the average and median sales price both decreased from the previous year.
All statistics are based upon Wasatch Front Regional MLS data for the period of 1/1/19 to 12/31/19.
YEAR END
2019
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