Published June 3, 2025

What Are The Odds Of Selling Your St. George Home?

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Written by Jeremy Larkin

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DESCRIPTION:

We dive deep into St. George's segmented real estate landscape, revealing how price point dramatically shapes your selling experience and success odds.

Market Segmentation by Price

• Under $500K: Seller's market with 34% of homes selling within 30 days

• $500K-$1M: Transitional market conditions

• $1M-$2M: Buyer-favored environment

• $2M+: Extreme buyer's market with only 2.9% selling in first 30 days and 34.3 months of inventory

 

Critical Market Metrics

• Washington County averages 5.3 months of supply (balanced market overall)

• Homes consistently sell for ~97% of asking price across all segments

• Mortgage payments have more than doubled from $1,400 to $3,200 since 2019

 

Buyer Psychology & Timing

• The crucial 30-day threshold: After this point, buyer interest shifts from enthusiasm to skepticism

• Even in seller's markets, buyers remain cautious and negotiate actively

• Each neighborhood (Hurricane, LaVerkin, Toquerville, Ivins, St. George) operates as its own micro-market

 

The Professional Edge

Understanding market "temperament" - the emotional and behavioral patterns of buyers and sellers

- proves as valuable as traditional metrics like pricing and inventory.

 

Planning a move in the next 12 months? Visit gostgeorge.com or search "Larkin Group" for downsizing guides, selling resources, and expert consultation.

 

Have other questions about living in, moving to, or visiting St. George and Southern Utah? Just ask!

P. 435-291-5443

E. sales@gostgeorge.com

Web: www.GoStGeorge.com

Insta: https://www.instagram.com/larkingroup

FB: https://www.facebook.com/StGeorgeExperts

🌟 Who? Jeremy Larkin was born and raised in St. George, Utah and is the owner of The Larkin Group Real Estate Advisors.

📍 Where? Washington and Iron County, Utah, including, but not limited to St. George, Washington City, Ivins, Santa Clara, Hurricane, LaVerkin, Toquerville, Cedar City and Parowan.

💈 What? Jeremy and his team of expert advisors at The Larkin Group walk the best clients in the world through the brain surgery of Buying, Selling and Investing Southern Utah Real Estate! And perhaps more importantly, they LOVE this community and pouring their heart and soul into it!

📻 Tune in! Jeremy is the host of The "St. George Real Estate Morning" Drive radio show 94.9 FM / 890 AM. You can stream the weekly program Thursdays at 8:35 AM here: https://tinyurl.com/radiorealestate

🙏 Give: The St. George Basket Brigade feeds 200+ families every Thanksgiving and supports local families, students and schools through organizations like Tan's Treats. Learn more and give at http://stgeorgebasketbrigade.org/

🔍 SEARCH ALL HOMES AND LAND in Washington County https://www.gostgeorge.com/

🔗 CHECK YOUR CURRENT HOME EQUITY @ https://www.gostgeorge.com/homevalue

 

[00:00:00] Intro

[00:06:46] Defining St George Real Estate Markets

[00:11:25] The Temperament of Today's Market

[00:16:14] Months of Supply: Buyer vs Seller Markets

[00:19:43] Price Point Analysis: $500K to $2M+

[00:22:20] The Truth About Selling Timeframes

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If you are curious to hear more about us and what we can offer, don't hesitate to get in touch. We try to take care of all of the detailed and long processes and making home buying or selling super easy! Send us your brief and learn how we work.

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