Market analytics
Moab, 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
May 2026 · Market Analysis
Moab closings pick up in May as buyers return after a slow spring stretch.
Get this report emailed every month
✓ You're in — see you next month.
Closed sales in Moab rose to 10 in May 2026, up from just 7 in April — a 43% increase that signals at least a partial thaw after the weakest closing stretch of the past year. A year ago in May 2025, Moab recorded 16 closings, so the market is still running well below that pace, but the direction shifted. Active inventory reached 141 homes, up from 131 in April and 108 in February, meaning buyers have more to choose from even as fewer are pulling the trigger.
Market pulse
Closings in Moab have been uneven since last fall: 15 in November 2025, 14 in December, 13 in January 2026, then a sharp drop to 7 in February and 9 in March before April's 7 and May's 10. Days on market improved noticeably in May — the median fell to 55 days from 85 in April and 176 in March, though that figure can shift quickly in a thin market. The sale-to-list ratio edged up to 96.91% in May from 95.81% in April, suggesting sellers who priced realistically found buyers; all 7 below-list closings still confirm that most transactions required some negotiation. New listings picked up to 22 in May from just 14 in April, keeping inventory on an upward path that has now run from 99 homes in December to 141 in May.
Mortgage context
The 30-year fixed rate has climbed to 6.75% — up 0.25 percentage points from 6.5% thirty days ago — and has risen 0.56 percentage points since February's monthly average of 6.19%, which was the low point of the past several months. For a market like Moab where median prices sit well above $600,000 and jumbo loans (currently at 7.25%) are a real possibility for higher-end purchases, that rate trajectory meaningfully narrows the pool of qualified buyers. The rate climb from February through June has added real dollars to monthly payments, and that pressure is visible in the slow closing pace relative to a year ago.
Payment math
On a median-priced home here — about $645,000 with 20% down — the monthly principal-and-interest payment lands at $3,347 at 6.75% — $85 more than 30 days ago at 6.5%, and $190 above the February low when rates averaged 6.19% and the payment would have been $3,157.
If you're buying
Target homes that have been sitting 90 days or longer — communities like Rim Village Vistas and Puesta Del Sol have seen listings linger well past that mark, and sellers in those segments have historically accepted below-list offers. With 141 active listings and only 10 closings in May, you have real negotiating room; focus your attention on the $400,000–$700,000 band, where the median days on market was 168 in May and sellers are more likely to move on price than in the luxury tier above $700,000, where well-located properties near Mill Creek Cove and Spanish Valley are still moving faster.
If you're selling
Price to where the market is today, not where it was in May 2025 — a year ago, 16 homes closed and competition was tighter; today there are 141 active listings competing for 10 buyers a month. Homes in the $400,000–$700,000 range that are sitting in Orchard Place, Entrada Subdivision, and similar neighborhoods should be priced at or slightly below recent comparable sales to avoid joining the growing pool of stale inventory; the listings that closed in May at or near list price were priced sharply from day one. If your home has been on the market more than 60 days without an offer, a price adjustment of 3–5% is likely more effective than waiting for the market to catch up.
Outlook
Over the next 60–90 days, Moab's market will be shaped by two competing forces: the summer tourism season that historically draws second-home and investment buyers to the area, and a rate environment that has been moving against affordability since February. If the 30-year rate holds near 6.75% or climbs further, expect closings to remain in the 8–12 range per month and active inventory to continue building. Buyers considering properties in the Lionsback Resort corridor or along the Spanish Valley floor should watch new listing volume closely — if it stays above 20 per month through July, sellers will face even more competition heading into fall.
Watch for
If the 30-year fixed rate crosses 7% — putting jumbo-eligible Moab properties into the 7.25%-plus range — expect monthly closings to fall back toward the 6–8 range and active inventory to push past 160 homes, shifting leverage further toward buyers.
"Moab's quiet spring finds its footing — more closings, more listings, and rates still climbing."
Common questions about Moab this month
Is Moab a buyer's or seller's market in May 2026? ▾
It's a buyer's market by most measures. With 141 active listings and only 10 closings in May, it would take over a year to sell through the current supply at that pace. Seven of the 10 May closings came in below the original list price, and the median days on market was 55 — meaning buyers have time to be selective and negotiate.
Why are there so few closings in Moab compared to a year ago? ▾
May 2025 saw 16 closings; May 2026 had 10. The gap reflects a combination of higher mortgage rates — the 30-year has climbed from around 6.19% in February to 6.75% today — and a larger pool of competing listings. More sellers are on the market than a year ago (141 active vs. 78 in May 2025), but buyer demand hasn't kept pace.
Are home prices in Moab going up or down? ▾
The median sale price in May 2026 was $645,000, up from $585,000 in May 2025 — a roughly 10% increase year over year. However, with a small number of closings each month, a single high-end sale (like the $1.3 million Puesta Del Sol closing in May) can move the median significantly, so treat these figures as directional rather than precise.
Which neighborhoods or subdivisions are selling fastest in Moab right now? ▾
In May 2026, the fastest-moving closings were in Mill Creek Cove (13 days on market, $810,000) and Orchard Place Phase 1 (18 days, $645,000) and Bens subdivision (19 days, $715,000). These were all priced competitively from the start. By contrast, Puesta Del Sol Phase 9 took 394 days to close, illustrating how wide the spread can be in a thin market.
Should I use a conventional loan or FHA loan to buy in Moab? ▾
At current rates, the 30-year conventional rate is 6.75% and the FHA rate is 6.25% — a half-point difference that matters on a $645,000 purchase. FHA loans have loan limits that may not cover the full purchase price in this range, so check current Grand County FHA limits before assuming you qualify. For properties above $800,000 — common in Lionsback Resort and Spanish Valley Estates — you're likely looking at jumbo financing at 7.25%, which adds meaningfully to the monthly payment.
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
June 2026 by property type
How each housing type performed last month — 7 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | — | 17 | — | 47 | 77 | -38.96% |
| Median Sale Price | — | $515,000 | — | $622,553 | $551,899 | +12.80% |
| Median DOM | — | 149 | — | 133 | 109 | +22.02% |
| Sale-to-List Ratio | — | 95.57% | — | 95.51% | 95.85% | -0.35% |
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.