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Market analytics

South Jordan, 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

August 2026 · Market Analysis

South Jordan closings speed back up even as active listings reach 499.

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Homes sold in a median 28 days in August 2026, down sharply from July's 41-day pace — a reversal after the market slowed the month before. Only 83 homes closed, below July's 89 and well under the prior 12-month average of 96, even as active listings climbed to 499, up from 417 in July and nearly double last August's 274. It reads as a market where the homes that do sell move quickly, but there simply aren't as many buyers closing deals as a year ago.

Market pulse

Days on market have swung widely since spring: 31 in March, 24 in April, 25 in May, 16 in June, 41 in July, and back down to 28 in August — no clean trend, just a market reacting month to month. Active inventory has climbed every month since March's 302, reaching 499 in August, while new listings held roughly flat at 179. Daybreak still anchors the market with 37 of August's 83 closings at a median $629,950, but the over-$700,000 band is where speed shows up most: those homes sold in a median 7 days, the fastest of any price group this year. Meanwhile sales below $400,000 are stuck, with a median 101 days on market and only 6 closings.

Mortgage context

The 30-year averaged 6.77% in August after climbing from 6.16% in February, and now sits at 6.875% today — up 0.125 percentage points from 6.75% just a month ago. That climb keeps stretching what buyers can afford here, even as the faster days-on-market number suggests serious shoppers are still moving quickly once they find the right house.

Payment math

A South Jordan buyer financing the $630,000 median home with 20% down pays $3,311 a month in principal and interest at today's 6.875% rate — $42 more than they'd have paid at 6.75% just 30 days ago, and $237 above the $3,074 payment from February, when rates averaged 6.16%.

If you're buying

Focus on the 400-700k band, where median days on market sit at 32 and Daybreak alone closed 37 homes at a median $629,950 — that's your best read on what actually clears. With 499 homes active against 83 August closings, there's little reason to compete above list; only 14 of 83 sales went above asking, so open with a number tied to recent closings, not the seller's list price.

If you're selling

Sale-to-list slipped to 98.86% and homes over $700,000 are moving in a median 7 days versus 32 for the 400-700k band, so if you're priced right in the upper tier you likely still see quick action. Below $400,000, days on market stretched to 101 — that segment needs a real price cut, not a "test the market" listing, given 26 of August's 83 sales already came with a price change along the way.

Outlook

With active listings at 499 against 83 monthly closings, buyers heading into fall have more room to negotiate than they did a year ago, when inventory sat near 274. Expect the current pace to hold or slow slightly as northern Utah's warm selling season (75-95°F) gives way to shorter days and rates near 6.875% keep some buyers on the sidelines. Watch the 400-700k band and Daybreak specifically — they're carrying most of the closing volume and will set the tone for September.

Watch for

If the 30-year holds above 6.875% into October, expect closings to drift further below the 96-sale average, pushing the months-of-supply reading past August's 6.01 toward 7.

"South Jordan's faster-but-thinner August"

Common questions about South Jordan this month

Is South Jordan a buyer's or seller's market in August 2026? ▾

Leverage is shifting toward buyers. Active listings reached 499 against just 83 closings, and the sale-to-list ratio slipped to 98.86%, meaning most homes are selling slightly under asking. Sellers in the over-$700,000 range still see fast action, but the broader market has more competition among sellers than it did a year ago.

Why did homes sell faster in August after slowing down in July? ▾

July's 41-day median days-on-market was an outlier compared to the rest of the summer, and August's 28-day median looks more like a return to the 24-to-31-day range seen from March through June. It's less a new trend than a snap-back after one unusually slow month.

How much has the mortgage rate climb affected monthly payments in South Jordan? ▾

A buyer financing the $630,000 median home with 20% down now pays $3,311 a month in principal and interest at 6.875%, up $42 from a month ago and up $237 from the $3,074 payment in February when rates averaged 6.16%. That's a real bite for buyers stretching to qualify, even if it hasn't stopped the fastest-moving price bands from selling quickly.

Which South Jordan neighborhoods are seeing the most activity right now? ▾

Daybreak remains the volume leader with 37 of August's 83 closings at a median $629,950. Smaller pockets like Downtown Daybreak and Kennecott are seeing a handful of sales each, but Daybreak alone accounts for nearly half of all closings this month.

Should sellers under $400,000 expect a quick sale in South Jordan? ▾

Not right now. That segment posted a median 101 days on market in August with only 6 closings, the slowest of any price band. Sellers there likely need a real price adjustment rather than waiting out the market.

This summary is based on the MLS data available to us for August 2026 and current published mortgage rates. We make no warranties or claims regarding accuracy, completeness, or future market performance; figures should not be relied on for transaction decisions without independent verification by a licensed agent.

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

August 2026 cohort breakdown

Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.

How sales priced vs asking

87 sold homes that had a list price recorded

15
Above asking
17.2%
26
At asking
29.9%
46
Below asking
52.9%

Days on market spread

Quartile distribution

6-58 days (middle 50%)

Median 31 · 25th percentile 6 · 75th percentile 58

Needed a price change

Sold listings that had a recorded price change before close

31% of closings

27 of 87 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

Under $400K
6
sold
~101 day median DOM
$342K median sale
$400K – $700K
50
sold
~33 day median DOM
$574K median sale
$700K+
31
sold
~10 day median DOM
$990K median sale

Top subdivisions this month

Ranked by closed count

  1. 1. Daybreak 39 sold · $675K · 38d
  2. 2. Downtown Daybreak 4 sold · $567K · 0d
  3. 3. Harvest Crossing Villas 2 sold · $531K · 32d
  4. 4. Oquirrh Park 2 sold · $528K · 13d
  5. 5. Daybreak Springhouse 2 sold · $527K · 36d

August 2026 by property type

How each housing type performed last month — 87 closings total across subtypes.

Single-family
57
sold in August 2026
Median sale $715,000
Median DOM 3 days
Share of closings 65.5%
Townhouse
23
sold in August 2026
Median sale $480,000
Median DOM 0 days
Share of closings 26.4%
Condo
4
sold in August 2026
Median sale $322,000
Median DOM 29 days
Share of closings 4.6%
Twin home
3
sold in August 2026
Median sale $629,950
Median DOM 0 days
Share of closings 3.4%

Summary Statistics

Metric Aug-26 Aug-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 87 109 -20.18% 723 744 -2.82%
Median Sale Price $629,950 $588,990 +6.95% $633,031 $617,108 +2.58%
Median DOM 31 33 -6.06% 31 31 0.00%
Sale-to-List Ratio 98.77% 99.55% -0.78% 99.06% 99.37% -0.31%

Past months

Browse historical South Jordan 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.