Market analytics
Draper, 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
July 2026 · Market Analysis
Draper homes take almost twice as long to sell as inventory tops 200
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Homes in Draper took a median 26 days to sell in July 2026, up from 14 days in June and close to double May's 8-day pace. That slowdown paired with only 25 closings, the lightest month in over a year against a prior 12-month average near 40, while active listings climbed to 200 — the highest mark in this six-month stretch and up from 75 back in February. Buyers now have real room to negotiate, which is a shift from the spring sprint.
Market pulse
Active listings have climbed every month since February's 75 — to 96 in March, 125 in April, 132 in May, 165 in June, and now 200 in July — while new listings have actually cooled to 61 from June's 78. Closings have followed the opposite path, sliding from 42 in May to 31 in June to just 25 in July, well below the 52 sold in July 2025. Days on market stretched from an 8-day low in April and May to 26 in July, and at this pace it would take about 8 months to sell everything currently on the shelf, up sharply from roughly 2 months back in February. Suncrest carried the month with 3 sales at a $575,000 median, well off last July's $696,083 median from the same subdivision.
Mortgage context
The 30-year rate sat at 6.79% on average in July, capping a climb from 6.19% in February, and has since ticked to 6.75% at today's spot with no movement over the past 30 days. That's the highest rung on this year's rate ladder, and it's showing up directly in Draper's numbers as closings thin out even with 200 homes to choose from.
Payment math
A median-priced Draper home now runs $714,000, and financing that with 20% down at 6.75% lands at $3,702 a month in principal and interest — the same as 30 days ago since rates haven't moved, but $210 more than February's low, when 6.19% rates would have put that payment at $3,492.
If you're buying
With 200 active listings and only 25 closings, you have leverage you didn't have in April or May — 14 of July's 25 sales closed below list price. Target homes that have sat past the 55-day mark (the top quarter of listings), and look at Suncrest and South Mountain, where multiple recent sales give you real comparable pricing to negotiate against.
If you're selling
Sellers who priced to April's 8-day, multiple-offer market are getting a wake-up call — days on market nearly doubled by July, and price cuts hit 9 of 25 closings, the most of any month this year. If your home isn't in the sub-$700K band, where days on market ran a tighter 20, expect to compete on price against a growing shelf, not just other Draper listings.
Outlook
Expect inventory to keep climbing into late summer unless new listings, already down to 61 from June's 78, pull back further — sellers aren't rushing to list into a market with fewer closings. Rates sitting near 6.75-6.81% through August give buyers little relief on payments, so expect the standoff between list price and what's actually closing to continue into fall. Watch whether closings stabilize near 25-30 a month or keep sliding as the school-year move deadline passes.
Watch for
If new listings keep running below 65 a month while closings stay near 25, the months-to-sell-everything-on-the-shelf figure could push past 10 by early fall, tipping Draper further toward buyers.
"Draper's summer slowdown: fewer buyers, more listings, longer waits"
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
July 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
25 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 26 · 25th percentile 12 · 75th percentile 55
Needed a price change
Sold listings that had a recorded price change before close
9 of 25 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. Suncrest 3 sold · $575K · 30d
- 2. Steeplechase Phase 2 1 sold · $2,025K
- 3. Shadow Crest 1 sold · $2,000K · 16d
- 4. Draperville 1 sold · $1,200K · 21d
- 5. Pheasant Hills Plat 4 P U D 1 sold · $1,180K · 106d
July 2026 by property type
How each housing type performed last month — 24 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 25 | 52 | -51.92% | 247 | 267 | -7.49% |
| Median Sale Price | $713,500 | $862,107 | -17.24% | $826,030 | $868,991 | -4.94% |
| Median DOM | 26 | 42 | -38.10% | 25 | 25 | 0.00% |
| Sale-to-List Ratio | 98.34% | 97.37% | +1.00% | 98.53% | 98.26% | +0.27% |
Past months
Browse historical Draper reports — each month's snapshot stays at its own permanent URL.
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.