Market analytics · April 2026 archive
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
April 2026 · Market Analysis
Hurricane closings pull back in April as rising rates and a 134% inventory build reshape buyer math.
Get this report emailed every month
✓ You're in — see you next month.
April 2026 brought a notable step back in closed sales for Hurricane: 54 homes changed hands, down 29% from March's 71 closings and down from 76 in April 2025 — the softest April closing count in the two-year comparison window. At the same time, active inventory reached 476 homes, more than double the 203 active listings recorded in April 2025, giving buyers a far wider selection than they had a year ago. The combination of lighter demand and a growing supply shelf is reshaping the negotiating table across Hurricane's neighborhoods, from the Sand Hollow corridor to the Peregrine Pointe West bench.
Market pulse
Active inventory in Hurricane climbed steadily from 294 homes in December 2025 to 335 in January, 396 in February, 435 in March, and 476 in April — a consistent build that has outpaced the pace of closings every month this year. Median days on market moved from 73 days in both February and March to 64 days in April, a modest improvement, though the 75th-percentile DOM stretched to 153 days, meaning slower-moving listings are sitting longer than at any point in the prior six months. The sale-to-list ratio ticked up to 98.97% in April — the strongest reading since last spring — driven in part by 11 homes closing above list price, up from 10 in March and 4 in February, suggesting that well-priced homes near Dixie Springs and Firerock are still attracting competitive offers. Sold volume, however, tells a more cautious story: the 54 April closings matched the 12-month average of 55, so demand hasn't collapsed, but it has not kept pace with the supply that has accumulated since January.
Mortgage context
The 30-year fixed rate sits at 6.625% today, up 0.375 percentage points from 6.25% thirty days ago — a meaningful move that adds roughly $105/month in principal and interest on a median-priced Hurricane home. Rates had dipped to a six-month low monthly average of 6.19% in February before climbing to 6.48% in March and 6.42% in April; the current spot rate of 6.625% represents a 0.43-percentage-point climb from that February low. For buyers eyeing homes in the $500K–$580K range — where the bulk of Hurricane's inventory sits — that trajectory has quietly pushed monthly carrying costs back toward levels that are prompting more deliberate decision-making.
Payment math
On a median-priced home today, P&I lands at $2,728/mo at 6.625% — $105/mo more than 30 days ago at 6.25%, and $122/mo above the February low when rates averaged 6.19% and P&I would have been $2,606.
If you're buying
Target listings past 90 days on market — Canyon Ridge and Sky Valley homes in that range have been closing closer to 96–97% of list, and with 16 price-reduced listings recorded in April, there is real room to negotiate. The $400K–$700K band saw only 20 closings in April versus 36 in March, which means competition in that segment has eased considerably; buyers who were crowded out of Peregrine Pointe West or Paraiso earlier this year should revisit those neighborhoods now. Lock or float carefully: the current 6.625% spot rate is already 0.43 pp above February's low, and the May monthly average is tracking at 6.51% — waiting for a rate drop to rescue affordability is a riskier strategy than negotiating price concessions from motivated sellers today.
If you're selling
With 476 active listings competing for 54 buyers in April, pricing discipline is the single biggest lever sellers control — homes that entered the market at last spring's 100% sale-to-list assumptions are the ones accumulating days on market past the 153-day 75th-percentile mark. Sellers in Firerock and Red Sands at Desert Sands are still achieving strong results (median sales of $702,490 and $697,495 respectively in April), but those outcomes belong to homes that were priced and presented to stand out; condition and staging matter more now than they did when inventory was half this level. If you need to move within 60 days, pricing 2–3% below the nearest comparable active listing is a more reliable path to a timely close than waiting for a seasonal demand wave that the rate environment may not deliver.
Outlook
Over the next 60–90 days, Hurricane's inventory is likely to remain elevated as new listing activity — 102 in April, 121 in March — continues to outpace closings at the current rate. Seasonally, the warm spring and peak red-rock hiking season typically draws relocating buyers from the Wasatch Front and California to Washington County, which could support demand at the margin, but the rate headwind at 6.625% and rising will limit how many of those lookers convert to closings. Buyers from St George who are priced out of that market's upper tiers are increasingly active in Hurricane, which may provide a floor under the $400K–$550K segment, but sellers should plan for a market where patience and price are the primary tools.
Watch for
If the 30-year fixed rate crosses 7% before July, expect absorption in Hurricane to weaken further and months-of-supply to push past 10, particularly in the $400K–$700K band where buyer sensitivity to monthly payment is highest.
"More homes, fewer closings — Hurricane's spring 2026 reset."
Common questions about Hurricane this month
Is Hurricane a buyer's or seller's market in April 2026? ▾
The data points toward a buyer's market. With 476 active listings and only 54 closings in April, absorption sits at 8.81 months — well above the 4–5 month range that characterized Hurricane through most of 2025. Buyers have more choices and more negotiating room than they have had in over a year, though well-priced homes in sought-after communities like Firerock and Dixie Springs are still closing near or above list price.
Why did closings drop in April when it's supposed to be peak spring season? ▾
Two forces converged: the 30-year rate climbed from a February average of 6.19% to a current spot of 6.625%, adding $122/month in P&I on a median-priced home, and active inventory more than doubled year-over-year to 476 listings, giving buyers less urgency to act quickly. The result is that more buyers are taking longer to decide, which shows up as fewer closings even as new listings keep arriving.
Which Hurricane neighborhoods are still seeing competitive offers? ▾
Firerock posted 4 closings at a median of $702,490 with a median DOM of 47 days in April, and Red Sands at Desert Sands closed 2 homes at a median of $697,495 in 51 days — both well below the citywide median DOM of 64 days. Dixie Springs has been a consistent performer across multiple months, though its April volume was lighter. These communities tend to attract buyers relocating from St George or the Wasatch Front who are targeting finished, amenity-rich product.
How much has the rate increase actually added to my monthly payment in Hurricane? ▾
At today's 6.625% rate, P&I on a median-priced Hurricane home ($532,498) runs approximately $2,728 per month. That's $105/month more than 30 days ago when rates were at 6.25%, and $122/month above the February low when the 30-year averaged 6.19% and P&I would have been $2,606. Over a year, the difference between February's rate and today's amounts to roughly $1,464 in additional interest cost.
Are price reductions common in Hurricane right now? ▾
Yes — 16 homes closed in April after a price reduction, up from 10 in both February and March. With 476 active listings competing for a pool of buyers constrained by a 6.625% rate, sellers who entered the market at optimistic list prices are increasingly adjusting. The median list price in April was $569,475 versus a median sale price of $532,498, a gap of about $37,000, which reflects both negotiation and the effect of price cuts working through the system.
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 ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
April 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 64 · 25th percentile 25 · 75th percentile 153
Needed a price change
Sold listings that had a recorded price change before close
13 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. Firerock 4 sold · $702K · 47d
- 2. Lava Bluff Mobile Home Park 4 sold · $250K · 193d
- 3. Hurricane Townsite 2 sold · $801K · 245d
- 4. Red Sands At Desert Sands 2 sold · $697K · 51d
- 5. Canyon Ridge 2 sold · $509K · 132d
April 2026 by property type
How each housing type performed last month — 54 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 54 | 76 | -28.95% | 231 | 222 | +4.05% |
| Median Sale Price | $532,498 | $493,000 | +8.01% | $551,347 | $531,752 | +3.68% |
| Median DOM | 64 | 35 | +82.86% | 73 | 56 | +30.36% |
| Sale-to-List Ratio | 99.32% | 98.32% | +1.02% | 98.29% | 98.35% | -0.06% |
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.