What the heck, how about an update. For December 2023 the number of home sales dropped over 20% in old Saint George despite having much more inventory. Redfin scored the market as 15 out of 100 for their heat index. Things are cooling down there very quickly. As a matter a fact its 39 degrees there right this moment!
As a point of comparison, in San Diego which is even more inventory constrained this year than last home sales are down only 11%. If we enjoyed the excessive inventory that Saint George offers we would have been well into the positive. San Diego scored 81 out of 100 in that same market heat index.
So despite the ongoing ramblings of Right Wing Prof, San Diego continues to excel while the cracks in Saint George have not only formed but the foundation is now crumbling! Before you know it the distress sales will be rolling in for investors with shark like appetites’ for SW Utah.
