Market analytics
St George, 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
St George closings slow to 58 days as Desert Color's supply build weighs on August
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Homes in St George took a median 58 days to sell in August, up from 46 in July and 35 back in June — a 26% jump in one month that marks the slowest pace of the past six months. Only 158 homes closed, down from 173 in July and well under the 186 monthly average of the past year. Active listings kept climbing to 1,000, so buyers now have more to choose from while sellers wait longer to find them.
Market pulse
Days on market have moved in one direction since June: 35, then 46 in July, now 58 in August — a steady loosening rather than a one-month blip. Sold counts have fallen alongside it, from 212 in June to 173 in July to 158 in August, even as active inventory climbed from 864 to 904 to 1,000 over the same stretch. New listings actually pulled back to 272 from July's 219 low, so the growing shelf is less about fresh sellers flooding in and more about existing listings sitting unsold. Sun River and Bloomington Hills remain the most active subdivisions, but even there days on market stretched to 73 and 101 respectively, well above the pace those neighborhoods kept earlier in the year.
Mortgage context
The 30-year rate sits at 6.875% today, up 0.125 percentage points in the past 30 days and continuing a climb that's run from 6.16% in February to 6.77% in August's monthly average. That trajectory is part of why fewer buyers are moving fast — financing a home now costs meaningfully more than it did in the spring, and closings have thinned out as a result.
Payment math
A St George buyer financing the $506,700 median home with 20% down is looking at $2,663 a month in principal and interest at today's 6.875% rate, $34 more than the $2,629 payment thirty days ago at 6.75%, and $191 above the $2,472 payment February buyers locked in when rates averaged 6.16%.
If you're buying
With 1,000 homes active against just 158 closings, buyers have real leverage — target listings sitting past the 60-day mark, especially in the 400-700k band where median days on market hit 60. In Bloomington Hills, where homes are now taking 101 days to sell, there's room to negotiate below the 98.24% sale-to-list ratio the broader market is running.
If you're selling
Price against what's actually closing, not the $525,500 median list price — the gap between that and the $506,700 median sale tells you asking prices are running ahead of the market. If you're in Sun River or Desert Color Sage Haven, where 88 of August's 158 closings needed a price cut first, get the number right at listing rather than chasing it down over two months.
Outlook
Expect days on market to keep drifting upward into fall unless rates ease — the 30-year has climbed 0.71 percentage points since February's 6.16% low, and desert-summer buyer fatigue (95-105°F highs) has likely compounded the slowdown into August. If new listings stay below 300 a month while closings hover near 160, the active count above 1,000 should keep sellers negotiating rather than dictating terms through the end of the year.
Watch for
If the 30-year crosses 7% this fall, expect August's already-slow 58-day median to push past 65 by November, with the months-of-supply reading (currently 6.33) drifting into the high single digits.
"St George's slowdown month: sales take longer, the shelf keeps growing"
Common questions about St George this month
Is St George a buyer's or seller's market in August 2026? ▾
Buyers have the edge right now. Active listings reached 1,000 against just 158 closings, and the median home is taking 58 days to sell, up from 46 in July. Sellers are still getting 98.24% of list price, so it's not a steep discount market, but the extra time on market gives buyers more room to negotiate.
Why did St George home sales slow down in August? ▾
Two things are working together: mortgage rates have climbed from 6.16% in February to 6.875% today, and new listings actually fell to 272 from earlier spring levels, meaning the growing inventory is mostly unsold homes piling up rather than a wave of new sellers. Closings dropped from 212 in June to 158 in August as a result.
How much more does a median-priced home cost to finance now versus earlier this year? ▾
On the $506,700 median home with 20% down, the monthly principal-and-interest payment is $2,663 today versus $2,472 in February when rates averaged 6.16% — a $191 increase. Just in the past 30 days, the payment rose $34 as rates moved from 6.75% to 6.875%.
Are homes in Sun River or Desert Color still selling fast? ▾
Not as fast as earlier this year. Sun River homes took a median 73 days to sell in August, up from 41 in May, and Desert Color Sage Haven sales ranged widely with only 3 closings at a median sale price of $749,000. Both neighborhoods remain among the most active by sold count, but the pace has cooled along with the rest of the market.
Should sellers expect to cut their price in St George right now? ▾
It's common — 88 of August's 158 closings involved a price change before selling. The median list price of $525,500 is running above the $506,700 median sale price, so pricing close to recent comparable sales rather than aspirational asking prices is the more realistic path to a faster close.
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
164 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 57 · 25th percentile 10 · 75th percentile 100
Needed a price change
Sold listings that had a recorded price change before close
90 of 164 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. Sun River 8 sold · $494K · 47d
- 2. Bloomington Hills 5 sold · $538K · 101d
- 3. South Desert Pd 5 sold · $407K · 18d
- 4. Arbors 3 sold · $1,481K · 49d
- 5. Desert Color Sage Haven 3 sold · $749K · 19d
August 2026 by property type
How each housing type performed last month — 161 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 164 | 204 | -19.61% | 1,497 | 1,607 | -6.85% |
| Median Sale Price | $503,500 | $516,500 | -2.52% | $506,282 | $504,630 | +0.33% |
| Median DOM | 57 | 49 | +16.33% | 48 | 41 | +17.07% |
| Sale-to-List Ratio | 98.24% | 98.21% | +0.03% | 98.11% | 98.11% | 0.00% |
Past months
Browse historical St George 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.