Market analytics
La Verkin, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
June 2026 · Market Analysis
La Verkin sales pick up, but growing inventory hands buyers more leverage
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La Verkin closed 7 homes in June 2026, up from just 4 in May and matching the 7 sold in June 2025 a year ago. The rebound in closings came even as active listings reached 41 — nearly double the 20 homes on the market in June 2025 — giving today's buyers considerably more to choose from than they had a year ago.
Market pulse
Closings have been uneven this year — 8 in January, down to 5 in February and March, 6 in April, just 4 in May, then back up to 7 in June, roughly matching last June's total. Active inventory has climbed every month since January, from 22 to 41, while new listings jumped from 10 in May to 15 in June, the largest monthly total in the past six months. Days on market held fairly steady at a 37-day median, similar to February and May, and the sale-to-list ratio recovered to 97.96% after dipping to 92.22% in March. Five of June's seven sales involved a price reduction before closing, the highest share of any month with usable price-cut data so far.
Mortgage context
The 30-year mortgage rate averaged 6.66% in June, continuing a climb from February's 6.19% low through March's 6.48%, April's 6.42%, and May's 6.55%, and has already ticked up to 6.71% in early July. That 0.56-percentage-point rise since February's low is adding real cost to monthly payments in a city where the median home still sells in the $400,000s, and it's part of why nearly half of June's closings first needed a price cut.
Payment math
A median-priced $435,000 home in La Verkin with 20% down now runs $2,257 a month in principal and interest at 6.75%, up $29 from $2,228 just 30 days ago when rates stood at 6.625%, and $128 more than the $2,129 payment buyers would have locked in back in February 2026 when rates averaged 6.19%.
If you're buying
Closed sales climbed from 4 in May to 7 in June, but active listings also reached 41 — up from 33 the month before — so buyers have more to choose from than any point in the past six months. Target the 400-700k band, where 6 of June's 7 sales closed at a 31-day median and the sale-to-list ratio sits near 98%; five of June's closings involved a price cut first, so don't be afraid to negotiate on anything still listed at May or April pricing.
If you're selling
With new listings jumping from 10 in May to 15 in June and five of the seven closings coming after a price reduction, price at or near recent comparable sales in La Verkin Townsite and Field or Blackmore (both closed near $499,000-$540,000) rather than testing the market high. Homes outside the 400-700k band are sitting much longer — the one under-$400k sale in June carried a 177-day median days on market, so budget-tier sellers should price sharply from day one.
Outlook
With the 30-year averaging 6.66% in June and already at 6.71% in July, expect borrowing costs to keep nudging monthly payments higher through late summer, which should keep some buyers cautious even as choices expand. Active inventory has climbed for five straight months, from 22 in January to 41 in June, and if new listings keep outpacing closings at this rate, sellers will need to compete harder on price into fall.
Watch for
If new listings continue outrunning closings at June's pace of 15 versus 7, active inventory in La Verkin could push past 50 homes by September, softening the sale-to-list ratio below June's 97.96%.
"More homes, more buyers, same price ceiling"
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
June 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
7 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 37 · 25th percentile 21 · 75th percentile 69
Needed a price change
Sold listings that had a recorded price change before close
5 of 7 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top subdivisions this month
Ranked by closed count
- 1. Laverkin Townsite And Field 2 sold · $540K · 101d
- 2. Blackmore 1 sold · $499K · 45d
- 3. Blackmore Amd 1 sold · $499K · 37d
- 4. Orchard Springs 1 sold · $405K · 17d
- 5. Crestview Village 1 sold · $403K · 92d
June 2026 by property type
How each housing type performed last month — 7 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 7 | 7 | 0.00% | 35 | 31 | +12.90% |
| Median Sale Price | $435,000 | $435,000 | 0.00% | $412,143 | $464,460 | -11.26% |
| Median DOM | 37 | 23 | +60.87% | 58 | 39 | +48.72% |
| Sale-to-List Ratio | 97.96% | 94.67% | +3.48% | 96.52% | 97.38% | -0.88% |
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.