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Market analytics · April 2026 archive

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

April 2026 · Market Analysis

St George buyers gain ground as active listings climb past 1,000 for the first time in a year

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Active inventory in St George reached 1,070 homes in April 2026, climbing from 967 in March and 899 in February — a 66% increase compared to April 2025's 644 active listings. That supply build is the defining story of this spring: buyers who were competing over a thin shelf of homes a year ago now have meaningfully more options across every price band. At the same time, 197 homes closed in April 2026, down from 221 in April 2025, so the market is absorbing that larger inventory at a slower pace than a year ago.

Market pulse

Active inventory in St George has grown in five of the past six months, moving from 611 homes in June 2025 to 1,070 in April 2026 — a climb driven in part by new-construction standing inventory at communities like Desert Color and Sage Haven competing directly with resale. The sale-to-list ratio dipped to 97.38% in April, down from 97.82% in March and well below the 98.28% reading last July, signaling that sellers are conceding slightly more ground at the negotiating table. Price-reduction activity jumped sharply: 33 homes sold with a prior price change in April, more than double March's 14 and the most in any month since last October. Days on market held steady at a median of 38 days in April, matching March exactly, though the 75th-percentile home took 100 days — meaning slower-moving listings are sitting considerably longer than the median suggests.

Mortgage context

The 30-year fixed rate sits at 6.625% as of late May 2026, up 0.375 points over the past 30 days from 6.25% thirty days ago — and up 0.43 percentage points from February's monthly average of 6.19%, which was the softest rate of the past six months. That rate trajectory matters in St George, where the median sale price of $495,000 puts most buyers squarely in conventional-loan territory: the February rate window offered real savings that have since closed. The monthly average rate has moved from 6.19% in February to 6.42% in April to 6.51% in May, a steady climb that is adding friction for buyers already stretched by rising list prices.

Payment math

On a median-priced home today, P&I lands at $2,536/mo at 6.625% — $97/mo more than 30 days ago at 6.25%, and $113/mo above the February low when rates averaged 6.19% and P&I would have been $2,423.

If you're buying

Target homes that have been listed 60 or more days and have already taken a price reduction — the 33 price-cut closings in April show sellers in that position are willing to deal, and the sale-to-list ratio on stale inventory tends to run closer to 96% than the market-wide 97.38%. In the $400K–$700K band, where 83 homes closed in April with a median DOM of 41 days, there is enough competing inventory from communities like Sage Haven and Salarno Hills at Divario that a 2–3% below-ask offer on a home past 45 days is a reasonable opening position. FHA buyers should note the 6.00% FHA rate is meaningfully below the conventional 6.625%, and VA-eligible buyers at 6.25% have a real cost advantage in this market right now.

If you're selling

With 1,070 active listings competing for 197 buyers in April, pricing discipline is essential — homes that launched at last spring's ratios and haven't moved are now the 33 price-cut closings dragging the average down. Sellers in SunRiver and Bloomington Hills who can differentiate on condition (updated kitchen, newer HVAC, move-in ready) are still closing in the 30–45 day range, but overpriced listings in those same communities are sitting past 90 days. If your home is in the $400K–$700K range, price to the current median of $515,000 for that band rather than the March comp of $525,500 — the market moved against sellers between March and April in this segment.

Outlook

Over the next 60–90 days, St George's inventory is likely to keep building as spring new-construction deliveries at Desert Color and Washington Fields add to an already well-supplied shelf, and the rate environment — now at 6.625% and trending higher — will continue to limit the buyer pool. Seasonally, the warm-spring red-rock hiking season draws relocating buyers from California and Las Vegas who are exploring St George as a retirement or second-home destination, which provides some demand support, but that buyer segment is rate-sensitive and often deliberate. Sellers who price correctly in May and June will find motivated buyers; those who hold to peak-2025 comps will likely be competing with an even larger active inventory by July.

Watch for

If the 30-year fixed rate crosses 7%, expect months-of-supply in St George to push past 6.5 and the sale-to-list ratio to slip below 97%, with the over-$700K segment — Crimson Vistas, Ledges of St George, Stone Cliff — absorbing the sharpest demand pullback.

"St George's supply tide is rising — 1,070 active listings, more price cuts, and buyers with room to negotiate."

Common questions about St George this month

Is St George a buyer's or seller's market in April 2026?

It's shifting toward buyers. With 1,070 active listings and only 197 closings in April, absorption sits at 5.43 months of supply — above the 4–5 month range that typically signals a balanced market. The sale-to-list ratio of 97.38% and 33 price-cut closings in April both confirm that sellers are making concessions they weren't making a year ago, when absorption was 2.91 months.

Why are there so many more homes for sale in St George than last year?

New-construction deliveries at communities like Desert Color, Sage Haven, and Washington Fields have added standing inventory that competes directly with resale. At the same time, higher mortgage rates — the 30-year is at 6.625%, up from around 6.19% in February — have slowed the pace of closings, so listings are accumulating faster than they're being absorbed. Active inventory has grown from 644 homes in April 2025 to 1,070 in April 2026.

What price range has the most competition among buyers in St George right now?

The $400K–$700K band saw 83 closings in April with a median DOM of 41 days — the most active segment by volume. The under-$400K band (63 closings, 38-day median DOM) is also moving steadily. The over-$700K segment, which includes communities like Crimson Vistas and Ledges of St George, had 51 closings but carries more negotiating room given the higher price points and rate sensitivity of that buyer pool.

How much does the current mortgage rate affect my monthly payment on a St George home?

At the April 2026 median sale price of $495,000, a 30-year fixed at 6.625% produces a P&I payment of approximately $2,536/month. That's $97/month more than 30 days ago when rates were at 6.25%, and $113/month above February's low when rates averaged 6.19% and P&I would have been $2,423. VA-eligible buyers at 6.25% and FHA buyers at 6.00% have a meaningful payment advantage in this market.

Are St George home prices rising or falling compared to last year?

The April 2026 median sale price of $495,000 is up from $463,900 in April 2025 — a gain of about 6.7% year over year. However, the April 2026 median is below March 2026's $547,000, which reflects a mix shift toward more closings in the under-$400K band (63 in April vs. 56 in March) and fewer in the $400K–$700K band. Prices are not falling outright, but the combination of rising inventory and rate pressure is limiting upward momentum.

This summary is based on the MLS data available to us for April 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 ÷ original list — buyer/seller leverage

Days on Market

Median days from listing to close

Price Volume

Total dollar volume — active · new · sold per month

April 2026 cohort breakdown

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

How sales priced vs asking

197 sold homes that had a list price recorded

22
Above asking
11.2%
39
At asking
19.8%
136
Below asking
69%

Days on market spread

Quartile distribution

12-102 days (middle 50%)

Median 38 · 25th percentile 12 · 75th percentile 102

Needed a price change

Sold listings that had a recorded price change before close

17.3% of closings

34 of 197 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
63
sold
~38 day median DOM
$317K median sale
$400K – $700K
83
sold
~40 day median DOM
$515K median sale
$700K+
51
sold
~37 day median DOM
$969K median sale

Top subdivisions this month

Ranked by closed count

  1. 1. Sun River 8 sold · $437K · 56d
  2. 2. Crimson Vistas 5 sold · $1,035K · 38d
  3. 3. Auburn Hills 4 sold · $444K · 117d
  4. 4. Desert Color Resort 3 sold · $975K · 87d
  5. 5. Bloomington Hills 3 sold · $495K · 43d

April 2026 by property type

How each housing type performed last month — 196 closings total across subtypes.

Single-family
147
sold in April 2026
Median sale $570,000
Median DOM 34 days
Share of closings 75%
Townhouse
32
sold in April 2026
Median sale $343,000
Median DOM 37 days
Share of closings 16.3%
Condo
17
sold in April 2026
Median sale $301,050
Median DOM 87 days
Share of closings 8.7%

Summary Statistics

Metric Apr-26 Apr-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 197 221 -10.86% 735 765 -3.92%
Median Sale Price $496,000 $463,900 +6.92% $499,498 $493,484 +1.22%
Median DOM 38 35 +8.57% 52 43 +20.93%
Sale-to-List Ratio 97.69% 97.86% -0.17% 97.82% 98.05% -0.23%

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.