Market analytics · July 2026 archive
Price, 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
Price closings rebound as buyers return after June's six-sale lull.
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Closings in Price jumped to 14 in July 2026 from just 6 in June — a 133% rebound that matches the LEAD_ANGLE story of the month. That's on par with July 2025's 14 sales, but this time buyers are working with more choices: active inventory sits at 72 homes versus 46 a year ago. Prices swung with the mix rather than any real shift — the median sale landed at $327,500, still below the $312,000 median list price gap seen elsewhere in Carbon County's market.
Market pulse
Sold counts swung hard over the past six months: 12 in February, up to 14 in March and 18 in April, then a slide to 8 in May and just 6 in June before this month's rebound to 14. Days on market compressed right alongside it — from 121 in February down to 37 this July — though that median masks a split market: the under-$400k band sat a median 95 days while two homes over $700,000, including Giacoletto Subdivision at $745,000, closed in 4 days. Active inventory has crept up from 59 in April to 72 now, giving buyers noticeably more to choose from than a year ago. Price cuts showed up on 5 of July's 14 closings, the most of any month since the feed started tracking that figure reliably in May.
Mortgage context
The 30-year averaged 6.79% in July, up from 6.19% back in February and continuing a climb that's run through six straight months. Rates are flat over the past 30 days at 6.75%, so this month's bounce in closings came from inventory and pricing, not any relief on financing. Buyers who locked in during February's dip are increasingly rare — most July closings are financing at rates 0.5 percentage points higher.
Payment math
A median-priced Price home at $328,000 with 20% down runs $1,699 a month in principal and interest at today's 6.75% rate — unchanged over the past 30 days since rates haven't moved, but $96 above the $1,603 payment buyers locked in back in February 2026 when rates averaged 6.19%.
If you're buying
Bid where the data shows room: 11 of July's 14 closings sold below asking, and the under-$400k band (10 sales, $317,500 median) still took a median 95 days to close, so patience gets you leverage. Watch Desert Canyons and Park Crest, both active this month, for below-list opportunities, and don't assume a fast sale in the 400-700k band — that group actually closed at a 0-day median in July, meaning those went almost as-listed.
If you're selling
Five of July's 14 closings had a price cut before selling, so start closer to recent comparable sales than to the $312,000 median list — homes overpriced against the $327,500 median sale are the ones stalling. If you're above $700,000 like the Giacoletto Subdivision seller who closed in 4 days at $745,000, clean condition and sharp pricing are still moving quickly; everything else should expect the 37-day median or longer.
Outlook
Expect closings to hold in the low-to-mid teens through late summer as Carbon County's warm-weather selling window stays open, with inventory near 72 giving buyers room to negotiate on anything past 60 days on the market. Rates near 6.75-6.79% aren't going anywhere fast, so sellers competing with move-up buyers should price to last month's below-list pattern rather than hope for a rate-driven bump in demand.
Watch for
If the 30-year holds near 6.75-6.79% into fall, expect the under-$400k segment — 10 of July's 14 sales — to keep absorbing most of the demand while move-up buyers in the 400-700k band stay scarce.
"Price snaps back from a quiet June."
Common questions about Price this month
Is Price a buyer's or seller's market in July 2026? ▾
Leans toward buyers: 11 of the 14 July closings sold below their asking price, and active inventory at 72 homes is well above the 46 homes on the market a year ago. Sellers who cut prices before closing outnumbered those who didn't among recent sales, which points to buyers holding the leverage on anything that sits.
Why did closings bounce back so much in July after a slow June? ▾
June saw only 6 closings, the softest month in over a year, while July rebounded to 14 — in line with July 2025's pace of 14 sales. Warm summer weather typically brings out more buyers in Carbon County, and inventory climbing to 72 active listings gave them more to choose from.
How much more expensive is financing a home in Price than earlier this year? ▾
A $328,000 median-priced home with 20% down now costs $1,699 a month in principal and interest at 6.75%, compared to $1,603 in February 2026 when rates averaged 6.19% — a $96 monthly increase. Rates have been flat over the past 30 days, so this gap reflects the slower climb from winter into summer, not a recent spike.
Are homes selling faster or slower than earlier this year? ▾
Days on market dropped to a median 37 days in July from 121 in February, but that number hides a split: homes under $400,000 took a median 95 days while two sales over $700,000, including one in Giacoletto Subdivision, closed in just 4 days. Buyers shopping the entry-level range should expect a longer wait than the headline number suggests.
Should sellers expect to get full asking price in Price right now? ▾
Not likely for most homes — 11 of 14 July closings sold below list, and 5 of them had a price cut before finding a buyer. Homes priced close to recent comparable sales rather than the $312,000 median list figure are moving faster than those holding out for a premium.
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
14 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 37 · 25th percentile 12 · 75th percentile 123
Needed a price change
Sold listings that had a recorded price change before close
5 of 14 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. Giacoletto Subdivision 1 sold · $745K · 4d
- 2. Liberty Estates 1 sold · $642K · 0d
- 3. Park Crest 1 sold · $425K
- 4. Desert Canyons 1 sold · $385K · 533d
- 5. The Coves Subdivision 1 sold · $330K
July 2026 by property type
How each housing type performed last month — 14 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 14 | 14 | 0.00% | 84 | 83 | +1.20% |
| Median Sale Price | $327,500 | $280,000 | +16.96% | $320,826 | $282,041 | +13.75% |
| Median DOM | 37 | 24 | +54.17% | 65 | 39 | +66.67% |
| Sale-to-List Ratio | 95.92% | 96.98% | -1.09% | 95.91% | 96.56% | -0.67% |
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.