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St. George - Santa Clara - Ivins - Washington City - Hurricane
and surrounding areas.

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What Can the 2017 St. George Real Estate Report Tell You About 2018?


From 2017’s numbers, we can confidently say we’re not in a bubble, and your home should only increase in value moving forward in 2018.

Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You can always call us at (435) 215-4533 for a FREE home buying or selling consultation to answer any of your real estate questions.

In case you haven’t heard, things are “moving and shaking” here in Washington County. According to an article published by The Spectrum this week, we’re seeing a record amount of construction.

Before I talk about the numbers, let me clarify something. The term “record construction” can be misconstrued. We actually pulled more building permits and built more homes in 2005 than we did in 2017, so don’t let this news mislead you. However, it seems like everywhere you look they’re tearing something down and building something new. 

They’re referring to TOTAL CONSTRUCTION – all of those massive hotels, office buildings and student housing complexes you see going up. And yes, the total $$ value of that construction is indeed a record for Washington County. 

From December 2016 to December 2017, the average sale price for single-family homes, condos, and townhomes increased from $288,388 to $321,676—a 10.3% jump. This means your home’s value likely increased 5% to 15%. Why the difference? If you own a higher-end home, you probably saw closer to a 5% increase because of basic supply and demand. 

To get a better idea of what I mean by this, you can visit www.soldinstgeorge.com for a monthly market report for Washington County, Washington City, St. George City, Santa Clara, and Hurricane Valley. What you’ll find if you look there is the law of supply and demand is suppressing home values. However, if you own a home worth less than $200,000, there is less than a month’s worth of inventory in that price range, which means your home will be sold in 30 days or less if you put it on the market. We’re routinely putting homes on the market and selling them on day one. 

Now that we’re up 10.3%, what’s next for Washington County? First, we’re not in a bubble. A bubble has to consist of two things: values getting too high for the average wage earner and over-speculation. Values are higher than the average wage earner, but we don’t have over-speculation. 



You can expect your home to receive another 5% bump in value.



You can expect another 600 to 800 brand-new housing units going up and your home receiving perhaps another 5% bump in value. 2018 is a great time to trade over, meaning sell your home, take all the equity in it, and buy another home. If you’re worried about how expensive that sounds given the 10.3% increase in home values, just know that the same relationship would exist if values went down. 

LAST, and perhaps MOST CRITICAL thought!

The market is “peaked”. Even at that, many Sellers tell us, “we’d like to sell when our home is worth a bit more.” I get it. The challenge? It may not be worth much more for another DECADE after 2018. 

Real estate is cyclical and values WILL FALL again before they rise. Food for thought!

If you have any questions about your real estate situation as we move further into 2018 or you’re thinking of buying or selling a home, don’t hesitate to give us a call or send us an email. We know this town, and we’d be glad to help you. 

Basket Brigade 2017 Was a Huge Success


We have been fortunate to run the Basket Brigade for the past two years. Thanksgiving 2017 was our most successful year to date.

Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You can always call us at (435) 215-4533 for a FREE home buying or selling consultation to answer any of your real estate questions.

We recently completed our eighth year at the annual Basket Brigade. This event was started by the Barton and Palmer families, but it got so big a few years ago that they turned control over to The Larkin Group. We’re honored to keep this tradition alive.

See the full story here: http://www.stgeorgeutah.com/news/archive/2017/11/23/jmr-brigade-volunteers-surprise-260-local-families-with-baskets-of-thanksgiving-food/

Last year was our first year in charge and we were able to help 222 families. However, it was complete chaos. This year, I think we finally figured it out. We helped 260 families and it felt much easier.


We were able to help 260 families this year!

A lot of Thanksgiving events will serve meals to those in need on Thanksgiving and that’s great. With Basket Brigade, however, we’re adding that element of home back into the equation. Families in crisis are nominated at stgeorgebasketbrigade.org, and then we build a full basket for them that contains everything they need for a complete Thanksgiving meal. 

We just wanted to give you a quick update on the success we had this year with the Basket Brigade. If you have any questions for us about this event or about anything in the real estate world, don’t hesitate to give us a call or send us an email. We would love to hear from you soon.

Nominate family to receive Thanksgiving Basket NOW!!




Friends –

You may remember that last year we took over the Basket Brigade charity here in St. George and had the opportunity to deliver Thanksgiving to 222 nominated families! It was incredible.

And guess what? It’s time to do it again! WILL YOU PLEASE HELP?
  1. There are families in need who have not been nominated. PLEASE NOMINATE a family in need HERE. What does “in need” mean? If you think for even a second that they’re in need, they’re in need!
  2. If you’re able to feed a family, please do so HERE. It’s just $45 to have a full thanksgiving meal delivered to a family. And….we’ll be sending you an amazing gift (see here) for doing so!
Here’s (just one) of the messages we received from families who received a basket last year:

"It was a very, very nice surprise to get this thoughtful basket. Thank you for everyone who put in the love, time, thought, and money to make this happen. It was humbling to see we were number 171 on the envelope and to think of how many baskets had been delivered. Super clever with the use of the laundry basket, we used it yesterday :) Thank you again and we will be paying it forward."

-Love, a grateful family.


We know it’s a busy time, please take just a moment to nominate a family who will be forever grateful!

-Jeremy Larkin, Basket Brigade Chairman

PS – The event is NEXT WEEK so please don’t delay!