Market analytics
North Salt Lake, 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
North Salt Lake homes slow to 27 days as inventory reaches a six-month high of 87.
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Homes in North Salt Lake took a median 27 days to sell in July 2026, up from June's 9 days and reversing four straight months of faster closings. That's still quicker than last July's 38-day median, but the direction matters more than the level here: active inventory climbed to 87, the highest mark of the past six months, while July's 17 closings came in well under the prior 12-month average of 21 a month. With buyers gaining more options and taking longer to act, this reads as a market tilting back toward buyers after a fast spring.
Market pulse
Days on market traced a clear arc through the past six months: 42 in February, then a sharp drop to 16 in both March and April, 13 in May, 9 in June, and now back up to 27 in July. Active inventory has moved the opposite direction the entire time, climbing from 53 in February to 66, 66, 74, and now 87 in July. New listings actually eased to 30 in July from 40 in June, so the inventory build is less about fresh supply and more about homes taking longer to clear. Sale-to-list held near 98.58%, in line with the past few months, but 11 of July's 17 sales closed below asking, the highest share since May.
Mortgage context
The 30-year mortgage rate now sits at 6.875%, up 0.25 percentage points from 6.625% just 30 days ago, and has climbed from a February low of 6.19% to July's monthly average of 6.79%. That steady climb is a likely contributor to July's slower pace and lighter closing count — buyers who locked in rates back in February are facing a materially different monthly payment now.
Payment math
Financing North Salt Lake's $480,000 median home with 20% down runs $2,523 a month at today's 6.875% rate — $64 more than the $2,459 payment from 30 days ago at 6.625%, and $174 above the $2,349 payment buyers locked in back in February 2026 when rates averaged 6.19%.
If you're buying
With only 17 closings in July against a typical month near 21, you have less competition than the sold count suggests — active inventory hit 87, the highest of the past six months. Look hard at Foxboro and Coventry at Foxboro, where four and two sales closed respectively; both areas are seeing homes sell below list (11 of 17 July closings went under asking). At a 98.58% sale-to-list ratio, there's still real room to negotiate, especially on homes already past 30 days.
If you're selling
Price close to recent sales, not the $549,999 median list — July's median sale landed at $480,000, a $70,000 gap that signals asking prices are running ahead of what buyers will pay. Four of July's 17 closings needed a price cut first, so don't wait 30+ days to adjust if showings go quiet. Homes in the $400,000-$700,000 band took a median 31 days this month, nearly double June's 6 days, so build that into your timeline.
Outlook
Expect days on market to stay elevated into late summer as the 87 active listings work through a smaller pool of qualified buyers — Hill Air Force Base commuters and Foxboro-area families remain the steady demand base here, but rate-driven payment increases are clearly thinning the field. If new listings stay near July's 30 rather than rebounding toward April's 43, look for inventory to plateau rather than keep climbing. Sellers competing with Eagle Mountain and Layton's more affordable new-construction inventory should expect continued pressure on list-to-sale gaps.
Watch for
If the 30-year holds above 6.875% through August, expect July's slower 27-day pace to stretch further, potentially pushing August's median days on market past 35 as fewer buyers can absorb the added $64-a-month cost of financing.
"North Salt Lake's speed reverses as inventory builds and buyers take their time."
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
19 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 24 · 25th percentile 10 · 75th percentile 38
Needed a price change
Sold listings that had a recorded price change before close
5 of 19 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. Foxboro 4 sold · $476K · 39d
- 2. Clifton Place Townhomes 3 sold · $487K · 14d
- 3. Coventry At Foxboro 2 sold · $355K · 11d
- 4. Camelot 2 sold · $108K · 76d
- 5. Lakeview Estates 1 sold · $575K · 8d
July 2026 by property type
How each housing type performed last month — 16 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 19 | 10 | +90.00% | 152 | 124 | +22.58% |
| Median Sale Price | $480,000 | $532,620 | -9.88% | $526,375 | $501,454 | +4.97% |
| Median DOM | 24 | 38 | -36.84% | 21 | 25 | -16.00% |
| Sale-to-List Ratio | 98.58% | 97.39% | +1.22% | 98.62% | 98.94% | -0.32% |
Past months
Browse historical North Salt Lake 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.