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Started By
Message
How bad is the real estate market in BR?
Posted on 12/4/25 at 10:52 pm
Posted on 12/4/25 at 10:52 pm
I come to the money board’s real estate experts seeking opinion and advice. Put our home on the market in April, lots of showings but no offers.
The market for $800k-$1M in St George is a lot tougher than in 2022 when we purchased the home (had multiple offers and we got in a bidding war).
We’ve already come down $120k and still haven’t moved it. It’s now below 2022 purchase price and appraisal value.
It’s on Highland - everyone in BR has driven passed it.
Here’s the listing: LINK
What’s your opinion on the price point/ value of this home in this location? I thought this house would always be attractive to buyers (it’s a great house), so I’m questioning if this is just a more macro market problem or if something about this house is an issue that my biased eyes can’t see.
The market for $800k-$1M in St George is a lot tougher than in 2022 when we purchased the home (had multiple offers and we got in a bidding war).
We’ve already come down $120k and still haven’t moved it. It’s now below 2022 purchase price and appraisal value.
It’s on Highland - everyone in BR has driven passed it.
Here’s the listing: LINK
What’s your opinion on the price point/ value of this home in this location? I thought this house would always be attractive to buyers (it’s a great house), so I’m questioning if this is just a more macro market problem or if something about this house is an issue that my biased eyes can’t see.
23
Posted on 12/4/25 at 11:08 pm to lilsnappa
No pool?
Posted on 12/4/25 at 11:40 pm to lilsnappa
Sorry no real input, but that is a damn nice house
Posted on 12/5/25 at 4:02 am to lilsnappa
Haven’t lived in BR in over 10 years
But I can tell you it’s not the house bro
IMO, one of the factors for people, is they keep ‘hearing’ we are going to have rates cuts, and because of that, delay some sort of decision until that happens. For clarity I/we know the two things don’t always equate
Besides the other factors of people being economy cautious and a buyers market, amongst others
But I can tell you it’s not the house bro
IMO, one of the factors for people, is they keep ‘hearing’ we are going to have rates cuts, and because of that, delay some sort of decision until that happens. For clarity I/we know the two things don’t always equate
Besides the other factors of people being economy cautious and a buyers market, amongst others
Posted on 12/5/25 at 4:36 am to lilsnappa
$875k with no pool and a cook top on the island with no ventilation, no thanks
Posted on 12/5/25 at 5:17 am to lilsnappa
Beautiful house. Think it has more to do with being in BR than anything else
Posted on 12/5/25 at 6:14 am to LSUSUPERSTAR
quote:
cook top on the island with no ventilation, no thanks
Very nice house and I was shocked this was not a million dollar home on highland. But I hate the kitchen layout with two islands. And having no ventilation above the cook top makes it worse. It looks kind of naked. Imagine the smoke from searing a steak.
Posted on 12/5/25 at 6:16 am to lilsnappa
I actually shared this listing with my wife a couple weeks ago. I think it’s priced right to get plenty of looks. Market just kind of slow I suspect.
Posted on 12/5/25 at 7:00 am to lilsnappa
I know people here will bash this but being in St. George is a liability. Housing market in BR is fine. My neighborhood prices have gone up 3-5% in last year and houses sell within 1-2 months. Plus are you prone to flooding? Another potential issue
Posted on 12/5/25 at 7:25 am to tigerbacon
quote:
being in St. George is a liability.
It's not that it is in St George so much as that it is not close to anything. If you have $1M to spend on a house, there are loads of nice houses available in the middle of the city. It is people with a $350k budget that see max value from living in the suburbs.
Posted on 12/5/25 at 7:27 am to tigerbacon
Your price range might be too much for lot of folks in BR. But for this generation, income doesn't determine the house price. They all seem to want million dollar home no matter.
The location and your house definitely looks like a GREAT price.
Hope you get an offer soon
The location and your house definitely looks like a GREAT price.
Hope you get an offer soon
This post was edited on 12/5/25 at 7:29 am
Posted on 12/5/25 at 7:39 am to glorymanutdtiger
FWIW, we are in Vero Beach, FL, and the housing market is stagnant, right now. What seems to be selling are underpriced fixer uppers, or houses that are turnkey and well under market value.
We were looking at houses at the beginning of the summer, and thought about pulling the trigger, but decided to rent for another year, because we may end up building, and the builders are starting to add in incentives and drop prices. I have been watching the market, and some of the houses that were on the market in June still haven't sold, even though I thought the prices were reasonable, and certainly within range of throwing a lowball offer out there.
So it's not just BR.
We were looking at houses at the beginning of the summer, and thought about pulling the trigger, but decided to rent for another year, because we may end up building, and the builders are starting to add in incentives and drop prices. I have been watching the market, and some of the houses that were on the market in June still haven't sold, even though I thought the prices were reasonable, and certainly within range of throwing a lowball offer out there.
So it's not just BR.
Posted on 12/5/25 at 7:48 am to PeteRose
The cook top is vented. There’s an automatic vent that raises from behind the burners and is vented out under the slab. The double island is a bit strange and took some adjusting to. Previous owners renovated this home from a 90’s closed in kitchen “L” shape original plan. I will say the functionality of the kitchen is great and the flow for entertaining is excellent.
We've had alot of the same feedback about not having a pool. Honestly, we've wanted one as well and had plans drawn up to install a small cocktail pool - but life /jobs happen and we chose to move. The biggest issue with a pool for this property is that the back yard is completely covered by 150+ year old oak tree. You would have to damage the root system for a proper inground pool. So it's a trade off - have the shade and aesthetic views of the mature live oak or the pool.
As for flooding - if this house floods, all of BR will be under water first. It’s on the high side of Highland road and was built up even higher than the natural levee.
We've had alot of the same feedback about not having a pool. Honestly, we've wanted one as well and had plans drawn up to install a small cocktail pool - but life /jobs happen and we chose to move. The biggest issue with a pool for this property is that the back yard is completely covered by 150+ year old oak tree. You would have to damage the root system for a proper inground pool. So it's a trade off - have the shade and aesthetic views of the mature live oak or the pool.
As for flooding - if this house floods, all of BR will be under water first. It’s on the high side of Highland road and was built up even higher than the natural levee.
This post was edited on 12/5/25 at 8:00 am
Posted on 12/5/25 at 8:31 am to lilsnappa
Not sure why yours hasn’t sold but I know several people who have bought and sold in BR in this price range and $1+ million over the past couple months with no problem. Several instances where the homes didn’t even hit the MLS. I don’t see anything that sticks out in your listing that draws any red flags. Have you had any offers at all? Your price per sq ft actually seems low to me based on other homes in BR that I know have sold in over 800k to over 1 million.
This post was edited on 12/5/25 at 8:37 am
Posted on 12/5/25 at 8:42 am to lilsnappa
I can imagine there is quite a small pool of people that are capable of affording such a house in the BR area
Posted on 12/5/25 at 8:44 am to lilsnappa
There are a whole new crop of wealthy coaches coming in that will buy homes. Coaches leaving will put theirs up for sale. Good luck. 
Posted on 12/5/25 at 9:05 am to lilsnappa
People are waiting in the hopes mortgages are going to come down more. If they drop below 6% (which it looks like will happen in 2026), you can probably expect some offers.
If you can afford to wait a few months, you should be able to get asking price.
If you can afford to wait a few months, you should be able to get asking price.
Posted on 12/5/25 at 9:11 am to lilsnappa
only red flag I see is you constantly lowering asking price. Tells me you’ll do it again
Posted on 12/5/25 at 9:20 am to lilsnappa
That’s a nice house. But too much for your average Joe
Posted on 12/5/25 at 9:46 am to lilsnappa
quote:
It’s on Highland - everyone in BR has driven passed it.
I bet every one of those people also quipped “I’d hate to take a left hand turn out of that driveway each morning”.
For 2-3x the median house price, there’s a huge selection. I think the problem you’ll encounter is your audience is limited to either an older couple who’s attracted to the lore and social status connected to Highland homeownership or an established professor moving to LSU, who’s contract probably doesn’t begin until next August.
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