Market analytics
Hurricane, 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
Hurricane's top-end homes sell in days while the middle grinds on at 46
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Homes in Hurricane sold in a median 35 days in August, down from 60 in July and the fastest close since June's 42 — but the speed masks a split market. Above $700,000, homes moved in a median 3 days; below $400,000, just 6 days. The 400-700k band, which made up 29 of August's 49 sales, still needed a median 46 days, and that gap is the real story this month.
Market pulse
Closings slipped to 49 in August, down from 64 in July and below the prior 12-month average of 56 — the lightest month since May's 53. Active inventory kept climbing regardless, reaching 476 homes, up from 434 in July and more than double the 235 listed a year ago in August 2025. New listings eased to 97 from July's 121, and at this pace it would take roughly 10 months to sell everything currently on the market, up from about 7 months in July. Paraiso led closings with 4 sales at a $703,134 median, while Dixie Springs — last month's volume leader with 8 sales — cooled to just 3.
Mortgage context
The 30-year sits at 6.875% today, up 0.125 percentage points from 6.75% a month ago, and has climbed from February's 6.16% average through July's 6.79%. That steady rate creep, layered onto a growing supply of homes, is a big part of why buyers can afford to wait out the slower-moving 400-700k segment instead of chasing it.
Payment math
A median-priced Hurricane home now runs $481,000, and financing it with 20% down at 6.875% puts principal and interest at $2,525 a month — $32 more than 30 days ago when the rate sat at 6.75%, and $181 above the $2,344 payment buyers locked in back in February when rates averaged 6.16%.
If you're buying
Look hard at Paraiso and Red Slate Estates, where median days on market ran 44 and 258 respectively — sellers who've waited that long in Red Slate are the ones open to real negotiation. With active listings at 476 against only 49 closings, you have room to ask for repairs or a rate buydown, especially in the 400-700k band where homes still take a median 46 days.
If you're selling
Homes over $700,000 closed in a median 3 days in August — if you're in that range and priced right, you're not waiting. Below that, the 400-700k band still needs 46 days, so price close to what Paraiso and Firerock buyers actually paid ($703,134 and $657,495) rather than the $572,000 citywide asking median.
Outlook
With 476 active listings against just 49 closings, expect list prices to keep drifting toward what's actually selling rather than the $572,000 median ask. If rates hold near 6.875% through the fall, the 400-700k band likely keeps its 40-plus-day pace while faster segments above $700,000 and below $400,000 continue to move quickly on price alone.
Watch for
If new listings stay below 100 a month while closings hold near 49, months of supply could push past 11 by November, tipping more of the middle price band toward price cuts like the 18 already seen in August.
"Hurricane splits in two: instant sales up top, a slog in the middle"
Common questions about Hurricane this month
Is Hurricane a buyer's or seller's market in August 2026? ▾
It depends on the price. Above $700,000 and below $400,000, homes are selling in 3 to 6 days — that's seller territory. In the 400-700k band, which is most of the market, homes still take a median 46 days, and with 476 active listings against only 49 closings, buyers have real leverage there.
Why did homes sell faster in August if there's so much inventory? ▾
The faster overall median (35 days, down from 60 in July) is driven by quick sales at the top and bottom of the market, not by the middle loosening. Paraiso sold in a median 44 days and homes over $700,000 sold in just 3, pulling the citywide number down even as the bulk of listings sit longer.
How much has the mortgage rate hike changed monthly payments in Hurricane? ▾
On the $481,000 median home with 20% down, the payment is $2,525 a month at today's 6.875%, up $32 from a month ago and $181 above the $2,344 payment available back in February when rates averaged 6.16%. That's a real but not crushing shift for most buyers.
Which Hurricane neighborhoods are selling fastest right now? ▾
Paraiso led August with 4 closings at a $703,134 median and a 44-day median. Firerock and Hurricane Townsite each had 2 sales; Red Slate Estates also closed 2 but took a median 258 days, showing how much spread there is even among active subdivisions.
Should sellers in the $400,000-$700,000 range expect a quick sale? ▾
Not based on August's numbers — that band took a median 46 days, roughly 15 times longer than homes just above or below it. With 29 of 49 August sales in that range and inventory still building, pricing close to recent closings like the $483,500 median rather than the $572,000 citywide list price is the more realistic path to a sale.
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
54 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 38 · 25th percentile 6 · 75th percentile 92
Needed a price change
Sold listings that had a recorded price change before close
20 of 54 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. Paraiso 4 sold · $703K · 44d
- 2. Dixie Springs 3 sold · $615K · 58d
- 3. Firerock 3 sold · $580K · 168d
- 4. Hurricane Townsite 2 sold · $594K · 46d
- 5. Red Slate Estates 2 sold · $572K · 258d
August 2026 by property type
How each housing type performed last month — 52 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 54 | 54 | 0.00% | 468 | 433 | +8.08% |
| Median Sale Price | $464,750 | $514,450 | -9.66% | $522,795 | $521,433 | +0.26% |
| Median DOM | 38 | 49 | -22.45% | 61 | 54 | +12.96% |
| Sale-to-List Ratio | 98.88% | 97.91% | +0.99% | 98.58% | 98.29% | +0.30% |
Past months
Browse historical Hurricane 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.