Market analytics · July 2026 archive
Holladay, 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
Holladay closings slow to a 40-day median as summer inventory climbs to 140.
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Homes that closed in Holladay this July took a median of 40 days, the slowest pace of the past six months and roughly double May's 8-day median. That slowdown lands alongside 140 active listings — up from 124 in June and 115 in May — while only 21 homes closed, the lightest month since February and well below the 39 sold in July 2025. With active inventory now nearly double a year ago and sales down, buyers are working with more selection and more time than they've had all summer.
Market pulse
Median days on market in Holladay has moved unevenly over the past six months — 37 in February, down to 20 in March, 10 in April, 8 in May, back to 20 in June, and now 40 in July — the slowest reading in that stretch. Active listings have climbed every month since February's 83, reaching 140 in July, while new listings actually fell to 40 from 45 in June and 59 in May. Sales volume dropped to 21 in July from 27 in June, and sold-below-list count outpaced sold-above-list 11 to 6. At July's pace it would take about 6.7 months to sell through current inventory, up from roughly 4.6 months in June, signaling supply is building faster than closings can keep up.
Mortgage context
The 30-year mortgage rate has climbed steadily since February's 6.19% average, reaching 6.79% in July and 6.88% as of early August — up 0.68 percentage points over that stretch. That climb, paired with July's slower 40-day median days on market, suggests some buyers are taking longer to commit at current borrowing costs rather than moving quickly on new listings.
Payment math
Financing Holladay's $855,000 median-priced home with 20% down runs $4,493 a month in principal and interest at today's 6.875% rate, up $57 from thirty days ago when the rate sat at 6.75%, and $308 above the $4,185 payment buyers locked in back in February 2026 when rates averaged 6.19%.
If you're buying
With median days on market at 40 and a quarter of closings taking longer than 87 days, there's no reason to chase asking price — 11 of July's 21 sales closed below list. Look hard at the under-$400K band, where median days on market stretched to 53, and at Apollo Square, where two units closed this month; sellers there have room to negotiate. With 140 homes active against just 21 sales, you have more to choose from than any month since February.
If you're selling
Seven of July's 21 closings came after a price cut, so don't wait until August to adjust if showings go quiet after two weeks. With active listings up to 140 from 124 in June and 115 in May, competition is thicker than it's been all year — price to last month's 98.3% sale-to-list ratio, not to what Holladay Hills or Loredell fetched at the high end. Homes priced realistically in the $700K-plus band are still selling in a median 22 days; overreach and you'll land in the 87-day tail instead.
Outlook
Expect the slowdown to continue into September: rates have climbed every month since February's 6.19% average and now sit near 6.88%, which typically cools late-summer urgency further. Inventory near 140 active listings gives buyers room to be selective, and with school starting soon, sellers who miss the July window may find fewer serious lookers until fall. Watch whether new listings — down to 40 in July from 45 in June and 59 in May — keep falling; that would eventually work in sellers' favor even as days on market stay elevated.
Watch for
If new listings keep falling from July's 40 toward June's pace or lower while active inventory holds near 140, months of supply could ease back down even as days on market stay elevated — but if rates push past 7%, expect the median days-on-market figure to climb past 40 again by September.
"Holladay's July stall: slower closings, more listings, and rates near 6.9%."
Common questions about Holladay this month
Is Holladay a buyer's or seller's market in July 2026? ▾
Buyers have more leverage than they've had all year. Active listings reached 140 while only 21 homes closed, and the median days on market stretched to 40 — the slowest since at least February. With 11 of 21 closings selling below list, sellers are the ones making concessions this month.
Why did homes take so much longer to sell in Holladay this July? ▾
Median days on market rose to 40, up from 20 in June and 8 back in May. Part of the shift is more competition — active inventory climbed to 140 from 83 in February — and part is affordability, with the 30-year rate near 6.88% compared to 6.19% in February.
How much has the rate climb added to a typical Holladay mortgage payment? ▾
On the $855,000 median home with 20% down, the monthly principal-and-interest payment is $4,493 at today's 6.875% rate. That's $57 more than just 30 days ago and $308 above the $4,185 payment buyers would have had in February 2026 when rates averaged 6.19%.
Are sellers cutting prices in Holladay right now? ▾
Yes — 7 of the 21 homes that closed in July had taken a price cut before selling, the highest share of any month this year. That's a signal that list prices, which carried a median of $813,900 in July, are running ahead of what buyers are willing to pay.
Which Holladay neighborhoods are seeing the most activity? ▾
Apollo Square led July with two closings at a median sale price near $1.2 million, while Holladay Hills, Canyon Cove, and Loredell each saw one sale in the $1.25 million to $1.88 million range. Activity skewed toward higher-priced homes, with only 2 of 21 July sales in the $400,000 to $700,000 band.
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
21 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 40 · 25th percentile 21 · 75th percentile 87
Needed a price change
Sold listings that had a recorded price change before close
7 of 21 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. Apollo Square 2 sold · $1,198K · 0d
- 2. Loredell 1 sold · $1,875K · 91d
- 3. Holladay Hills 1 sold · $1,550K
- 4. Canyon Cove 1 sold · $1,518K
- 5. Charleston Place 1 sold · $1,250K · 21d
July 2026 by property type
How each housing type performed last month — 19 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 21 | 39 | -46.15% | 187 | 215 | -13.02% |
| Median Sale Price | $855,000 | $829,000 | +3.14% | $825,450 | $843,403 | -2.13% |
| Median DOM | 40 | 18 | +122.22% | 23 | 24 | -4.17% |
| Sale-to-List Ratio | 97.05% | 97.58% | -0.54% | 98.00% | 98.79% | -0.80% |
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.