Market analytics · August 2026 archive
Eagle Mountain, 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
August 2026 · Market Analysis
Eagle Mountain closings drop to 67 as August inventory tops 560 homes
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Closed sales in Eagle Mountain fell to 67 in August 2026, down sharply from 109 in July and less than half the pace of March's 161 — the steepest month-over-month drop in the past six months. That's well below the trailing 12-month average of 113 sales, so treat this month's pricing as a smaller, thinner sample. Meanwhile active listings kept climbing, reaching 565 homes, up from 471 in July and 402 in June, giving buyers more selection just as fewer of them are closing.
Market pulse
Closed sales have slid every month since March's 161: 131 in April, 118 in May, 100 in June, 109 in July, and just 67 in August. Active inventory moved the opposite way, rising from 387 in March and April to 402 in June, 471 in July, and 565 in August. Median days on market held in a tighter band, dipping to 26 in June before climbing back to 31 in August, while the sale-to-list ratio stayed close to full price at 99.63%. Juniper at Harmony led August closings with 8 sales at a $477,245 median, followed by Parkway Fields with 7 sales at $504,900.
Mortgage context
The 30-year mortgage rate has climbed in five of the last six months, from a 6.16% average in February to 6.77% in August, and now sits at 6.875% today — up 0.125 percentage points in the past 30 days per the latest snapshot. That climb is layering onto a local market where inventory is already building, giving buyers less urgency to compete for the 565 homes currently listed. Sellers pricing off spring comparable sales should note buyers are now financing at meaningfully higher cost than they were six months ago.
Payment math
Financing Eagle Mountain's $502,000 median home with 20% down costs $2,640 a month in principal and interest at today's 6.875% rate — $33 more than the $2,607 payment thirty days ago when the rate was 6.75%, and $189 above the $2,451 payment buyers got in February 2026 when rates averaged 6.16%.
If you're buying
Sold counts fell to 67 in August from 109 in July, so there's less competition and more room to negotiate. Active listings jumped to 565, so look hard at Juniper at Harmony and Parkway Fields — both cracked the top of August's closed list — and use the 21 homes that sold below list as your evidence when writing an offer. With 8.43 months of supply implied by this month's thin closing count, there's no reason to chase list price on anything that's sat past 30 days.
If you're selling
With active inventory at 565 — up from 471 in July and 402 in June — your listing is competing with more homes than it has all year, so price it against what actually closed, not the $534,900 median list. In Parkway Fields, homes closed at a $504,900 median in August; price near that if you're in the same price band rather than testing the upper end. Expect a longer runway: median days on market ticked back up to 31, and a quarter of August closings took longer than 90 days.
Outlook
With 565 active listings against only 67 August closings, expect sellers to face more competition through the fall unless closings rebound toward the 113-sale trailing average. Rates sitting at 6.875% and trending up over the past six months give buyers little incentive to rush, so expect days on market to hold near or above August's 31-day median. If new listings keep landing near August's 176, inventory likely keeps building into early winter.
Watch for
If closed sales stay near August's 67-per-month pace while new listings continue arriving around 176 a month, active inventory could push past 650 homes by November, stretching median days on market well beyond 31.
"Eagle Mountain's inventory outruns its buyers"
Common questions about Eagle Mountain this month
Is Eagle Mountain a buyer's or seller's market in August 2026? ▾
It's tilting toward buyers. Active listings reached 565 in August, up from 471 in July and 402 in June, while only 67 homes closed — well below the trailing 12-month average of 113. That combination pushed implied months of supply to 8.43, the highest reading of the past six months.
Why did so few homes sell in Eagle Mountain in August 2026? ▾
Closings dropped to 67 in August from 109 in July and 100 in June, a steeper fall than the usual late-summer slowdown. Rates also climbed — the 30-year mortgage averaged 6.77% in August after running 6.16% in February — which has been cooling demand alongside the growing inventory.
Are home prices still rising in Eagle Mountain? ▾
Not this month. The median sale price came in at $502,342 in August, down from $522,411 in July and $530,000 in June. With only 67 sales behind that figure, treat it as a snapshot of a smaller pool rather than a firm trend.
What will a median-priced home in Eagle Mountain cost me per month right now? ▾
At the current 30-year rate of 6.875%, financing the $502,000 median home with 20% down runs $2,640 a month in principal and interest, up $33 from thirty days ago when the rate sat at 6.75%. That's $189 more than the $2,451 payment buyers locked in back in February, when rates averaged 6.16%.
Should I wait for rates to drop before buying in Eagle Mountain? ▾
Rates have moved the opposite direction for six straight months, from 6.16% in February to 6.77% in August and 6.875% today, so waiting has cost money each month rather than saved it. If you can afford today's $2,640 payment on the median home, the bigger risk than rates right now may be missing negotiating room while 565 active listings still favor buyers.
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
August 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
68 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 32 · 25th percentile 9 · 75th percentile 91
Needed a price change
Sold listings that had a recorded price change before close
34 of 68 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. Juniper At Harmony 8 sold · $477K · 36d
- 2. Parkway Fields 7 sold · $505K · 20d
- 3. Silverlake 3 sold · $465K · 29d
- 4. Towns At Brylee Farms 3 sold · $380K · 22d
- 5. The Estates At Sunset Flats 2 sold · $618K
August 2026 by property type
How each housing type performed last month — 67 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 68 | 127 | -46.46% | 871 | 961 | -9.37% |
| Median Sale Price | $502,666 | $500,000 | +0.53% | $508,758 | $495,915 | +2.59% |
| Median DOM | 32 | 41 | -21.95% | 38 | 29 | +31.03% |
| Sale-to-List Ratio | 99.67% | 99.75% | -0.08% | 99.76% | 99.84% | -0.08% |
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.