Market analytics · October 2026 archive
Cottonwood Heights, 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
October 2026 · Market Analysis
Cottonwood Heights sellers wait two months as October buyers hold out for cuts
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Cottonwood Heights homes that closed in October went for a median $699,900, and they took 63 days to get there, up from 18 in September. It's a buyer-leaning housing market: 96 homes were for sale against 17 closings, about 5.5 months of supply. Sellers got 96.7% of list price, down from 98.5% a month ago. A year ago, 33 homes closed in a median of 31 days at $776,100.
Market pulse
Listings kept building. Active inventory grew from 59 in May to 96 in October, while closings fell from 28 to 17. Waits stretched too, with median days on market going from 18 in September to 63, and a quarter of homes took 90 days or longer. Asking prices are running ahead of closings, with a median list price of $861,950 against a median sale of $699,900, so recent sales are the better guide. Nine of the 17 closings took a price cut first.
Mortgage context
Cottonwood Heights closings split by price in October. Eight sales were above $700,000 at a median $1,032,500, while six landed between $400,000 and $700,000 at a median $585,000. The 30-year rate has eased to 7.375% over the past 30 days, which helps, but the bigger loans in this suburb still carry heavy payments: on the $1,032,500 median above $700,000, principal and interest with 20% down runs about $5,705 a month.
Payment math
Put 20% down on the $700,000 median home price and principal and interest comes to $3,867 a month at 7.375%, which is $144 less than the $4,011 at 7.75% thirty days ago, yet still $357 above the $3,510 payment in April, when rates averaged 6.42%.
If you're buying
Focus on listings that have sat 60 days or more. Homes under $400,000 took a median 113 days in October and the $400,000 to $700,000 range took 64, so sellers there are the ones cutting. Ask for a price drop or seller-paid rate help rather than paying list, since 13 of 17 closings landed below it.
If you're selling
Expect to sell near $700,000 if your home is typical, and don't count on September's 98.5% of list. A home like the ones in Riviera Heights, which closed at $724,800 after 66 days, shows the wait you may face even when the price is reasonable. Start at a number recent closings support, because a high opening price followed by cuts is how homes ended up at 63 days.
Outlook
November and December normally bring fewer showings and fewer new listings. New listings already fell from 36 in September to 26 in October, which could keep inventory from climbing much further. Buyers will keep the edge into early 2027 unless rates keep easing and closings recover from 17.
Watch for
If closings stay near 17 a month while inventory holds near 96, months of supply would pass 6 by January and sale-to-list would likely slip toward 96%.
"Cottonwood Heights stalls in October as the wait triples and the price slips"
Common questions about Cottonwood Heights this month
What is the median home price in Cottonwood Heights? ▾
The median home price in Cottonwood Heights was $699,900 in October 2026, down from $776,100 a year earlier. The average sale price was $751,106. The average runs higher because the eight sales over $700,000 closed at a median $1,032,500, which pulls it above the middle. The median list price was $861,950.
Is the Cottonwood Heights housing market slowing down? ▾
Yes, October was slower. Closings fell from 22 in September to 17, and median days on market rose from 18 to 63. Active listings reached 96, about 5.5 months of supply, which favors buyers more than it did last year.
How much is my Cottonwood Heights home worth? ▾
Cottonwood Heights homes closed at a median $699,900 in October, at 96.7% of list price after a median 63 days. Your own home's value depends on recent comparable sales nearby, including size, condition and street. Asking prices ran about $860,000, but closings are the better guide.
How have mortgage rates changed the monthly payment in Cottonwood Heights? ▾
On the $700,000 median home with 20% down, principal and interest is $3,867 a month at 7.375%. That is $144 less than a month ago, when rates were 7.75%. It is still $357 above April's level.
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 ÷ list price — buyer/seller leverage
Days on Market
Median days from listing to under contract
Price Volume
Total dollar volume — active · new · sold per month
October 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
18 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 53 · 25th percentile 9 · 75th percentile 89
Needed a price change
Sold listings that had a recorded price change before close
9 of 18 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 neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Hillsborough 2 sold · 4d
- 2. Crestview Estates 1 sold · 13d
- 3. Pine Cove East 1 sold · 80d
- 4. Old Mill Point 1 sold · 63d
- 5. Lantern Hill At Will 1 sold · 109d
- 6. Apple Valley 1 sold · 3d
- 7. Newtopia Acres 3 1 sold · 17d
- 8. Riviera Heights 1 sold · 66d
October 2026 by property type
How each housing type performed last month — 17 closings total across subtypes.
Summary Statistics
| Metric | Oct-26 | Oct-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 18 | 33 | -45.45% | 218 | 255 | -14.51% |
| Median Sale Price | $712,350 | $776,100 | -8.21% | $775,937 | $794,827 | -2.38% |
| Median DOM | 53 | 31 | +70.97% | 30 | 18 | +66.67% |
| Sale-to-List Ratio | 96.96% | 98.26% | -1.32% | 98.31% | 98.77% | -0.47% |
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.