Market analytics · July 2026 archive
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
July 2026 · Market Analysis
South Jordan closings slow to a 40-day pace as Daybreak inventory builds through summer.
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Homes here took a median 40 days to sell in July 2026, more than double June's 16-day pace and the slowest close since February's 55-day median. Only 79 homes changed hands, down from 106 in June and below the prior 12-month average of 97 closings, even as active listings climbed to 517 — up from 431 in June and nearly double last July's 278. This is a market handing buyers room to negotiate for the first time since winter.
Market pulse
Days on market have moved in a wide arc since February: 55, then 31 in March, 24 in April, 25 in May, 16 in June, and now 40 in July — the sharpest single-month reversal of the run. Active inventory has climbed every month since January's 245, reaching 517 in July, while new listings eased slightly to 178 from June's 184. Daybreak still carries the volume with 34 of July's 79 sales at a 641,035 median, but its own days on market stretched to 54 from 15 in June. Sale-to-list held near 99% at 98.95%, so pricing discipline hasn't broken even as the pace has.
Mortgage context
The 30-year rate sits at 6.875% today, up 0.25 percentage points from 6.625% just 30 days ago, and it has climbed every month since February's 6.19% average. That steady move from 6.19% to July's 6.79% monthly average is showing up directly in South Jordan's slower July, as buyers who could stretch to a 500k-plus payment in the spring now hesitate.
Payment math
On South Jordan's 654,900 median home with 20% down, the monthly principal and interest payment now runs 3,442 at 6.875%, compared with 3,355 just 30 days ago at 6.625% — 87 more a month — and 237 above the 3,205 payment buyers locked in back in February 2026 when rates averaged 6.19%.
If you're buying
Median days on market jumped to 40 in July from 16 in June, so the urgency sellers had in early summer is gone. Look hard at the 400-700k band, where median time on market stretched to 61 days and 38 of 79 closings sold below asking — Daybreak alone had 34 sales at a 641,035 median, giving you real comparable leverage. With active listings at 517, up from 431 in June, you can afford to wait out a slow responder.
If you're selling
Price to what's actually closing, not the 599,990 median list — homes are selling at a 98.95% sale-to-list ratio and 33 of July's 79 sales came with a price cut along the way. If you're above 700k, expect a 32-day median wait like Tate and Downtown Daybreak buyers saw; anything in the 400-700k range needs to be sharp out of the gate given the 61-day median there.
Outlook
With rates at 6.875% and climbing since February, and active inventory at 517 against 79 July closings, expect days on market to stay elevated through late summer unless sellers adjust pricing. Fall typically brings fewer new listings, which could ease the supply overhang, but the current gap between 517 active homes and a sub-90 monthly sales pace points to continued buyer leverage into September.
Watch for
If new listings keep landing near July's 178 while sold counts stay under 90 a month, months-of-supply likely pushes past 7 by early fall.
"South Jordan's summer stall: more listings, slower closings, thinner buyer pool."
Common questions about South Jordan this month
Is South Jordan a buyer's or seller's market in July 2026? ▾
It's tilting toward buyers. Days on market jumped to 40 from June's 16, active listings reached 517 (up from 431 the month before), and only 79 homes closed against a typical monthly pace near 97. Sale-to-list held at 98.95%, so sellers haven't caved on price yet, but the slower pace gives buyers more room to negotiate terms and repairs.
Why did South Jordan home sales slow down in July? ▾
Closings fell to 79 from 106 in June, likely a mix of rising mortgage rates (up to 6.875% from 6.19% in February) and a growing supply of active listings, which climbed to 517. With more homes to choose from and higher borrowing costs, buyers are taking longer to commit — days on market more than doubled in a month.
What's happening with home prices in Daybreak right now? ▾
Daybreak posted 34 sales in July at a 641,035 median, similar to June's 690,000 median but with days on market stretching from 15 to 54. That slower pace suggests buyers there are less rushed, even though the price point hasn't dropped much.
How much more expensive is financing a home in South Jordan now versus earlier this year? ▾
On the 654,900 median home with 20% down, the monthly payment is now 3,442 at today's 6.875% rate, up 237 from the 3,205 payment buyers would have had in February when rates averaged 6.19%. Just in the past 30 days, the rate move from 6.625% to 6.875% added 87 a month.
Should sellers in South Jordan cut their asking price this summer? ▾
Given that 33 of July's 79 closings involved a price change and the median list price of 599,990 sits below what many homes are actually selling for, pricing accurately from the start matters more than cutting later. Homes in the 400-700k range took a median 61 days to sell in July, so sellers there should price close to recent comparable sales rather than testing the market high.
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
85 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 40 · 25th percentile 18 · 75th percentile 76
Needed a price change
Sold listings that had a recorded price change before close
35 of 85 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. Daybreak 37 sold · $634K · 54d
- 2. Tate 3 sold · $850K · 39d
- 3. Downtown Daybreak 3 sold · $620K · 50d
- 4. Kennecott 3 sold · $380K · 138d
- 5. Aspen Crest 2 sold · $1,250K
July 2026 by property type
How each housing type performed last month — 84 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 85 | 108 | -21.30% | 631 | 635 | -0.63% |
| Median Sale Price | $650,000 | $634,000 | +2.52% | $634,127 | $621,935 | +1.96% |
| Median DOM | 40 | 34 | +17.65% | 31 | 31 | 0.00% |
| Sale-to-List Ratio | 99.08% | 99.01% | +0.07% | 99.02% | 99.34% | -0.32% |
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.