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Market analytics

Highland, 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

Highland closings snap to a 5-day median as summer inventory builds toward 73 homes

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Homes that closed in Highland this June sold in a median of just 5 days, down from 16 in May and a fraction of March's 63-day median — the fastest turnaround in the past six months. Only 13 homes closed, fewer than May's 23 and just under the 15-sale average of the last year, but the ones that did move went fast and mostly at price: sale-to-list hit 98.37%, the tightest reading of the last six months.

Market pulse

Days on market has swung hard over the past six months — 61 in January, 39 in February, 63 in March, then a collapse to 10 in April, 16 in May, and 5 in June — while active inventory has climbed every single month, from 31 in January to 73 now. New listings eased slightly to 29 in June from May's 34, but supply is still outpacing the roughly 13-23 monthly closings the market has posted since spring. Compared with June 2025's 21 sales and $652,000 median, this June's smaller 13-sale count came at a much higher median price, reflecting more $700K-plus closings — Highland Fields and Highlands Ranch each contributed one sale at $2 million or above — rather than a broad price shift.

Mortgage context

The 30-year sits at 6.875% today, up 0.25 percentage points from 6.625% just 30 days ago, adding $133 a month to payments on Highland's median-priced home. That follows a steadier climb from February's 6.19% average through May's 6.55% and June's own 6.66% monthly average — a run that's made each successive month of shopping here more expensive even as homes sell faster.

Payment math

A $1,000,000 median home with 20% down now runs $5,255 a month in principal and interest at 6.875%, versus $5,122 just 30 days ago at 6.625% — and $360 more than the $4,895 payment buyers locked in back in February 2026 when rates averaged 6.19%.

If you're buying

With the median sale climbing to $1,000,000 and homes closing in a median 5 days, don't expect much negotiating room on well-priced listings in Ridge or Wren Haven — plan to move within days of a showing. The 400-700k band (3 sales, 4-day median) is your best shot at speed and value; anything over $700K is now closing near 11 days but taking full price on 3 of 13 sales this month.

If you're selling

Price to the recent comparable sales, not last spring's numbers — the sale-to-list ratio hit 98.37%, the tightest of the past six months, so overpricing against May's $850,000 median rather than this month's $1,000,000 leaves money on the table either way. The 4 price-cut sales this month suggest sellers who list above the $1,349,999 median list price are still getting corrected before closing.

Outlook

With 73 active listings against a sales pace of roughly 13-23 a month, buyers should see more options through late summer even as the fastest-selling homes keep closing inside two weeks. Rates near 6.875%, up from July's monthly average of 6.73%, will likely keep some $700K-plus shoppers on the sidelines, which could pull the median back down from June's elevated $1,000,000 reading as more mid-range Ridge and Highland Hills listings close.

Watch for

If new listings keep running below 30 a month while closings hold near 13-15, active inventory could plateau near 75-80 through Q3 instead of continuing its five-month climb from 31 to 73.

"Highland's fastest June yet, even as rates and inventory both climb"
This summary is based on the MLS data available to us for June 2026 and current published mortgage rates. We make no warranties or claims regarding accuracy, completeness, or future market performance; figures should not be relied on for transaction decisions without independent verification by a licensed agent.

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

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

13 sold homes that had a list price recorded

3
Above asking
23.1%
3
At asking
23.1%
7
Below asking
53.8%

Days on market spread

Quartile distribution

4-21 days (middle 50%)

Median 5 · 25th percentile 4 · 75th percentile 21

Needed a price change

Sold listings that had a recorded price change before close

30.8% of closings

4 of 13 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

Under $400K
0
sold
$400K – $700K
3
sold
~4 day median DOM
$663K median sale
$700K+
10
sold
~11 day median DOM
$1,079K median sale

Top subdivisions this month

Ranked by closed count

  1. 1. Ridge 2 sold · $901K
  2. 2. Highland Fields 1 sold · $4,200K · 17d
  3. 3. Highlands Ranch 1 sold · $2,000K · 25d
  4. 4. Greens At The Highlands 1 sold · $1,360K
  5. 5. Wren Haven 1 sold · $1,200K · 5d

June 2026 by property type

How each housing type performed last month — 12 closings total across subtypes.

Single-family
12
sold in June 2026
Median sale $1,008,750
Median DOM 3 days
Share of closings 100%

Summary Statistics

Metric Jun-26 Jun-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 13 21 -38.10% 81 95 -14.74%
Median Sale Price $1,000,000 $652,000 +53.37% $939,788 $772,280 +21.69%
Median DOM 5 18 -72.22% 24 35 -31.43%
Sale-to-List Ratio 98.37% 99.87% -1.50% 98.03% 99.14% -1.12%

Past months

Browse historical Highland 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.