Market analytics · August 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
August 2026 · Market Analysis
Holladay listings climb toward 150 as August closings hold at 21.
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Homes that closed in Holladay this August took a median of 15 days, down from July's 40-day median and roughly back to last August's 16. But that faster pace is happening against a much deeper shelf of competition: active listings reached 147, up from 121 in July and nearly double last August's 76, while only 21 homes sold — the same count as July and eight fewer than August 2025's 29.
Market pulse
Median days on market has swung sharply over the past six months: 20 in March, 10 in April, 8 in May, back to 20 in June, a stretch to 40 in July, then down to 15 in August. Active inventory hasn't followed that same rhythm — it has climbed every month since March's 74, reaching 147 in August, while new listings held near 50. Sales volume has stayed in the low-to-mid 20s since June, well below March's 42, and at August's pace of 21 sales it would take about seven months to sell through everything currently listed. Aspire at Holladay Hills led the month with six closings at a 9-day median, the one pocket still moving quickly while the broader shelf sits far heavier than a year ago.
Mortgage context
The 30-year mortgage rate sits at 6.875% today, up 0.125 percentage points over the past 30 days from 6.75%, and has climbed from 6.16% in February to a 6.77% monthly average in August. That steady climb is layering onto a Holladay market where the median home already runs $800,000, so every quarter-point move now shows up directly in what a buyer can qualify for.
Payment math
Financing Holladay's $800,000 median home with 20% down costs $4,204 a month in principal and interest at today's 6.875% — $53 more than 30 days ago at 6.75%, and $301 above the $3,903 payment buyers locked in back in February 2026, when the average rate was 6.16%.
If you're buying
Focus on the under-$700K band, where 8 of August's 21 closings landed with a median 16 days on market — that's where competition still moves fast. Above $700K, sellers are more willing to negotiate: 11 closings averaged just 10 days but with 8 total price cuts across the month, so don't be afraid to counter below list, especially outside Aspire at Holladay Hills where the six recent sales at a 9-day median show that project as the exception, not the rule.
If you're selling
With 147 homes active against just 21 sales, you're one of roughly seven competing for each buyer this month, so price against what actually closed — a median $799,900, not the $886,397 median list. If your home isn't in a fast-moving pocket like Aspire at Holladay Hills, expect to sit closer to 40 days like July's median than August's 15, and a price adjustment now beats a stale listing in October.
Outlook
Expect inventory to keep building into fall unless new listings pull back from the recent 40-to-59 range, since sales have stayed flat near 21-27 a month since May. With the 30-year already at 6.875% and trending up since February's 6.16%, buyers who can still qualify have more room to negotiate than they've had all summer, particularly outside fast-moving pockets like Aspire at Holladay Hills. Sellers should plan for days on market closer to July's 40 than August's 15 unless they price to what's actually closing.
Watch for
If new listings keep running above 40 a month while sales stay near 21, months-of-supply likely climbs past 8 by November, giving buyers even more leverage than they have now.
"Holladay's supply catch-up: faster sales, way more competition."
Common questions about Holladay this month
Is Holladay a buyer's or seller's market in August 2026? ▾
Inventory has climbed to 147 active listings against just 21 sales, meaning buyers have far more choices than they did back in March when only 74 homes were active. Sellers who aren't in a fast-moving pocket like Aspire at Holladay Hills should expect more negotiating room from buyers than earlier this year.
Why did homes sell faster in August than in July? ▾
August's median days on market fell to 15 from July's 40, closer to last August's 16-day median. Part of that is Aspire at Holladay Hills, where six homes closed in just 9 days, pulling the overall figure down even as total sales stayed flat at 21.
How much has the mortgage rate climbed this year, and what does it mean for payments? ▾
The 30-year averaged 6.16% in February and has climbed to 6.875% today, adding $301 a month to the payment on Holladay's $800,000 median home. Just in the past 30 days, the rate moved from 6.75% to 6.875%, adding another $53 to the monthly payment.
Are home prices actually falling in Holladay? ▾
August's median sale price was $799,900, down from July's $855,000, but with only 21 sales the monthly median can swing based on which price bands close. The under-$700K band alone accounted for 8 of August's sales at a median $565,000, which pulls the overall median down without necessarily meaning broad price declines.
How many homes are competing with mine if I list in Holladay this fall? ▾
With 147 active listings and roughly 21-27 monthly sales since May, competition is heavier than it's been all year. At August's sales pace, it would take about seven months to clear the current inventory, so pricing close to the $799,900 median sale rather than the $886,397 median list matters more than it did in the spring.
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
22 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 15 · 25th percentile 1 · 75th percentile 19
Needed a price change
Sold listings that had a recorded price change before close
9 of 22 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. Aspire At Holladay Hills 6 sold · $832K · 9d
- 2. Lakewood 1 sold · $3,995K · 7d
- 3. Park 1 sold · $2,300K · 208d
- 4. Holladay Park Lane 1 sold · $2,029K
- 5. Holladay Row 1 sold · $1,025K · 10d
August 2026 by property type
How each housing type performed last month — 22 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 22 | 29 | -24.14% | 209 | 244 | -14.34% |
| Median Sale Price | $733,700 | $968,800 | -24.27% | $815,792 | $858,307 | -4.95% |
| Median DOM | 15 | 16 | -6.25% | 22 | 23 | -4.35% |
| Sale-to-List Ratio | 98.54% | 98.41% | +0.13% | 98.06% | 98.74% | -0.69% |
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.