The Lead
St. George MSA issued 262 building permits in December — up 36% from a year ago. That's the headline. Here's the part that matters more.
↗ What's Moving
- 262 Total permits — +35.8% YoY
Best December in at least two years. Builders did not slow down. - 238 Single-family permits — +40.8% YoY
91% of all permits. Multifamily: 24 units — same as December 2024. Exactly. - $599,900 Median listing price — -$59K YoY
Down from $659K twelve months ago while permits surged. Supply is winning. - 1,772 Active listings — +20% YoY
More homes on market, softer prices, still-strong permit volume. The equation is shifting.
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