Market analytics
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 jump 117% in July as Giacoletto and Liberty Estates lead sales over $600K
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Closed sales in Price jumped to 13 in July from just 6 in June, a 117% rebound after two unusually slow months. That's roughly in line with July 2025's 14 closings, and it came alongside two sales over $700,000 — Giacoletto Subdivision at $745,000 and a rare push into that price band that hadn't shown up since February. Active inventory climbed to 75 homes, the highest mark of the past six months.
Market pulse
Sales volume has swung sharply since spring: 18 closings in April, down to 8 in May, down again to 6 in June, then back up to 13 in July. Days on market compressed to a median of 37 in July, down from 60 in June, though the fastest quarter of homes closed in just 4 days while the slowest quarter took 152. The sale-to-list ratio held at 97.13%, close to June's 97.66% and well above May's 90.55% dip. Active inventory has climbed steadily from 58 in April to 75 in July even as new listings pulled back to 15 from May's 24.
Mortgage context
The 30-year rate has climbed nearly every month since February's 6.19% average, reaching 6.79% in July and 6.875% today, up 0.25 percentage points in just the past 30 days. That climb is showing up in local math even as sales volume recovered — buyers are financing more expensive monthly payments than they were locking in this spring.
Payment math
A median-priced Price home now runs $330,000, and financing it with 20% down costs $1,734 a month in principal and interest at today's 6.875% — $44 more than the $1,690 payment thirty days ago when the rate sat at 6.625%, and $119 above the $1,615 payment from February 2026, when the rate averaged 6.19%.
If you're buying
Closings jumped from 6 in June to 13 in July, and 10 of those 13 sold below asking — sellers are not holding firm on price here. Target the under-$400K band, where 9 of July's 13 sales landed at a $320,000 median; that's where most of the activity and the most room to negotiate both sit. Watch Desert Canyons and Park Crest, both active again this month, for repeat inventory.
If you're selling
With active listings up to 75 — the highest of the past six months — and new listings down to 15 from 24 in May, buyers have more to choose from while fresh competition is thinning. Price close to what's actually closing: the $305,000 median list price already sits below the $330,000 median sale price, so overpricing against list-price expectations will just add days on market. Five of July's sales had a price cut before closing, so build room into your first number rather than chasing the market down later.
Outlook
With inventory at 75 homes and new listings cooling to 15, buyers should see slightly more selection heading into fall, though the pace of closings this July suggests demand hasn't backed off. Rates near 6.875% will keep monthly payments elevated, which could keep pressure on sellers to price near — not above — what's actually closing. Expect the market to stay roughly balanced through early fall unless new listings pick back up or rates move meaningfully in either direction.
Watch for
If new listings keep running near July's 15 rather than May's 24, active inventory could plateau near 75 even as fall closings slow, keeping the market roughly balanced rather than tipping toward buyers.
"Price rebounds on volume, not price direction"
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% |
Past months
Browse historical Price 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.