Market analytics · July 2026 archive
Riverton, 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
Riverton closings hit 4 days as Mountain Ridge deals keep timelines short
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Homes in Riverton sold in a median of just 4 days in July 2026, down from 5 in June and a fraction of the 45-day median from July 2025. That's a seller's market by pace alone, but it's happening alongside active listings climbing to 134 — up from 118 in June and more than double January's 61 — so speed and supply are pulling in opposite directions right now. Only 31 homes closed, below the prior 12-month average of 40, so treat this month's numbers as a lighter-than-usual sample.
Market pulse
Median days on market has collapsed since spring — 18 in April, 23 in May, then 5 in June and 4 in July — even as active inventory has built every month since February's 83, reaching 134 this month. Closings have swung between 27 and 50 over the same stretch and landed at 31 in July, still light against the 40-home 12-month average. Mountain Ridge alone accounted for 12 of July's 31 sales at a median $530,650, the same subdivision that carried 19 of 67 closings a year ago — it remains the volume engine of this market. Sale-to-list held at 99.01%, essentially unchanged from June's 99.18%, so pricing discipline hasn't slipped even as the shelf grows.
Mortgage context
The 30-year rate has climbed steadily from 6.19% in February to 6.79% in July and now sits at 6.875% today, up 0.25 percentage points in just the past 30 days. That climb is showing up directly in what buyers can borrow, and it helps explain why July's closing count came in under the 12-month average even as homes moved off the market fast.
Payment math
With Riverton's median home price at $545,000 and 20% down, the monthly principal and interest payment now runs $2,864 at 6.875% — $72 more than 30 days ago when the rate sat at 6.625%, and $196 above the $2,668 payment buyers would have locked in back in February when rates averaged 6.19%.
If you're buying
With sale-to-list at 99.01% and 17 of 31 July sales going below asking, there's still room to negotiate off list price, especially outside Mountain Ridge where deals moved fastest. Look at the under-$400K band, where the p75 days-on-market of 28 suggests a handful of listings are lingering — that's where leverage is real. Lock rate quotes early: the 30-year has climbed 0.68 percentage points since February's 6.19% low to today's 6.875%.
If you're selling
The fast closings this month don't mean every listing is winning — active inventory at 134 is the highest of the past six months, so overpricing now means sitting while newer, sharper listings pass you by. Price close to what Mountain Ridge and The Foothills are actually closing at ($530,650 and $615,000 respectively) rather than the $652,500 median list price, which is running well above what's actually selling. With 8 of July's 31 sales taking a price cut first, get the number right at listing instead of chasing the market down.
Outlook
Expect inventory to keep building into late summer as new listings (52 in July) continue to outpace the pace of closings, which should keep some downward pressure on sale-to-list ratios. If the 30-year holds near 6.875% or climbs further, buyer volume likely stays below the 40-home average for a few more months even though days on market remain short for well-priced homes. Watch whether Mountain Ridge's share of total sales grows further — it's increasingly the market's price anchor.
Watch for
If new listings keep running above 50 a month while closings stay near 31, months-of-supply likely climbs from July's 4.32 toward 6 by early fall, tipping more leverage toward buyers.
"Riverton's fastest July on record, even as the shelf keeps growing"
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
31 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 4 · 25th percentile 0 · 75th percentile 26
Needed a price change
Sold listings that had a recorded price change before close
8 of 31 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. Mountain Ridge 12 sold · $531K · 0d
- 2. The Foothills 2 sold · $615K · 17d
- 3. Dansie Estates Subdivision 1 sold · $1,899K · 6d
- 4. Ashby Esates 1 sold · $1,139K · 4d
- 5. Silos At Riverbend 1 sold · $848K
July 2026 by property type
How each housing type performed last month — 30 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 31 | 67 | -53.73% | 219 | 338 | -35.21% |
| Median Sale Price | $545,000 | $590,000 | -7.63% | $604,924 | $582,975 | +3.76% |
| Median DOM | 4 | 45 | -91.11% | 20 | 42 | -52.38% |
| Sale-to-List Ratio | 99.01% | 98.43% | +0.59% | 98.84% | 98.98% | -0.14% |
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.