Searching for homes for sale in St. George Utah can be the perfect move for you if you love the heat, red rock and a retirement community environment.
For some people, it’s hard to imagine that a city of close to 83,000 people could manage to be both serene and majestic. Those people have obviously never been to St. George. In fact, there’s very few metropolitan cities in the nation where mountain ranges, deserts and basins can exist side by side, nesting a bustling and fully contemporary city. So why would you put your home for sale in St. George? Or why would you want to move there?
These 6 answers may surprise you.
Why Saint George, Utah?
One of the key elements of St. George’s charm is that it seems to be an exercise in contradictions. It was the fastest growing metropolitan area in the country in 2018, according to US Census data. And yet development hasn’t hindered the pristine beauty of the nearby Mojave Desert or the Pine Valley Mountains. It enjoyed a 3.5 percent population growth between 2017 and 2018 and yet it’s never lost its fundamental identity. In fact, it’s consistently ranked as one of the most secure cities in the U.S. to live in—by none other than the insurance industry!
Job Opportunities In Saint George
Unfortunately, the unemployment rate in St. George isn’t substantially lower than the rest of Utah. As of March 2020, the Bureau of Labor Statistics placed unemployment claims in the city at 3.3 percent; hardly a dramatic difference from the state findings of 3.6 percent, but still thankfully lower than the national average of 4.4 percent.
But much like the rest of Utah, job opportunities are still plentiful in St. George. Transportation, trade and utilities currently make up 16.1 percent of the labor pool, followed by education and healthcare at 10.5 percent and local government at 9.9 percent.
Location, Location, Location?
One of the keys to understanding St George’s unique place in Utah’s culture is its proximity to two large metropolitan cities in the west—Salt Lake City, UT and Las Vegas, NV. With Las Vegas 90 minutes away and Salt Lake City 4 hours away with no stops, St George is ideally located for many Northern Utah residents. Even Phoenix, AZ is only 6 and a half hours away from Southern Utah. Add in that it rarely freezes in the area, and you have a place that draws a lot of people. But that relative proximity can come with a price.
Utah is one of the safest states in the country, with an estimated crime rate of approximately 172 crimes for every 100,000 residents. St. George doesn’t differ very much at all. In fact, it’s considered to be safer than 33 percent of other U.S. cities with a comparable population with only 2 violent crimes committed in 2016 for every 1,000 residents. But while St. George’s Crime Rate Index is still lower than the rest of the nation, it’s increased in recent years by over 15 percent according to some estimates. And while we don’t mean to disparage the other cities, Phoenix reported some 6.2 homicides for every 100,000 residents in 2019 while Las Vegas faced a staggering amount of over 600 violent crimes for the same amount of residents in 2018 alone.
Retirement In St. George
While the median age of residents was reportedly 36 in 2017, that hasn’t stopped it from becoming one of the most premier retirement destinations—not just in Utah, but in the entire country. There’s over 12 different retirement communities in St. George; no small feet for a city of less than 88,000 residents! But it’s not just the warm climate which averages approximately 255 sunny days out of the year that draws active adults over the age of 55 to this city. It’s the activities. This city is home to over a dozen golf courses (ten of which are considered to be at pro level,) as well as plentiful restaurants, parking and best of all—serenity. And nearby Snow Canyon State Park offers incredible hiking and outdoor adventure.
Saint George Houses For Rent
If you’re a St. George homeowner with multiple properties, you’ve probably already considered the possibility of transforming one into a rental home. There’s both pros and cons to owning rental property in Utah; but generally speaking, St. George is relatively safe.
The median rent price in Saint George is approximately $1,495. And while property taxes in Utah have been known to go up by as much as 20 percent, St. George actually reported a decrease of 3 percent in 2018.
Rental properties may seem like a safe investment no matter what the market seems like. And they frequently are. But it’s not always a question of financial returns. It’s also a question of how much time and energy you’re willing to commit into managing rental property. And those returns can sometimes be substantially less than any financial incentive.
The Home Real Estate Market In St. George
For all of its charm, Saint George can also come with some fairly common dilemmas for homeowners. The median price of a home in St. George is estimated to be close to $400,000. That’s almost $30,000 more than the median price of a home in Utah as a whole and an increase of 4.4 percent compared to just this same time in 2019!
If it sounds like a seller’s market, that’s because it is. There’s just one problem with that market right now. The waiting period. The average home in Saint George sits on the market for over 90 days. That’s over 30 days longer than the average home in Utah. What’s more is the estimated amount of days doesn’t even include the additional due diligence period from lenders; a period which has been known to take up to as much as an additional 90 days to clear.
The median size of a Saint George home is just shy of 2,200 square feet. For some of you, that’s too little—particularly if you’re one of the estimated 73 percent of St. George residents who are a family household of at least 3 people. And for others, you may be downsizing as a result of an economic downturn or even a lifestyle change. But do you really have 6 months to wait to sell your home in St. George?
If not, we have an ideal solution for you. At Gary Buys Houses, we’ll purchase your home in St. George in as little as 3 -5 business days. What’s more, we’ll purchase it as is—without a 6 month waiting period or expensive repairs.
Yes, St. George is unique. The only thing more unique is the people. They are what makes Utah… well, Utah. And we hope you’ll continue to stay here for as long as you can. After all, you’re part of Utah too.