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
July 2026 · Market Analysis
St George sellers lean on price cuts as rates near 7% cool July closings
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Homes in St George took a median 47 days to sell in July, up from 35 in June and the slowest pace since January's 69 — a real reversal after three straight months holding near 37-38 days. Only 157 homes closed, down sharply from 212 in June and the lightest month since January, even as active listings kept climbing to 988. This reads as a market shifting toward buyers: more time on market, more price cuts, and fewer closings all moving the same direction at once.
Market pulse
Active inventory has climbed almost every month this year, from 748 in February to 988 in July, while new listings have fallen from 340 in February to just 218 in July — fewer sellers testing the market but a growing backlog of what's already listed. Days on market bounced from a six-month low of 35 in June to 47 in July, and the quarter of homes that took longest sold past 91 days. Price cuts are showing up in bulk: 87 of July's 157 closings, or better than half, involved a price change before the sale. Sale-to-list ticked up slightly to 98.57%, but that's measuring the homes that did sell — not the growing pool sitting unsold.
Mortgage context
The 30-year sits at 6.875%, up 0.25 percentage points in the past 30 days from 6.625%, and has climbed steadily from 6.19% in February through 6.79% in July's monthly average. That trajectory is showing up in July's numbers — fewer buyers closing (157, down from 212 in June) even as more sellers cut price to compete.
Payment math
A median St George home at $525,000 with 20% down runs $2,759 a month in principal and interest at today's 6.875% rate — $70 more than the $2,689 payment just 30 days ago when rates were 6.625%, and $189 above the $2,570 payment buyers locked in back in February when rates averaged 6.19%.
If you're buying
With sale-to-list at 98.57% and 87 of July's 157 closings involving a price cut, the negotiating room is on homes that have already been repriced — start there rather than fresh listings. Sun River and Desert Color Sage Haven both posted median days on market above 90 in July, more than double their spring pace, so those are the areas to watch for sellers ready to deal.
If you're selling
Closings sit at 157, the lightest month since January's 162 and well below the 189 trailing average, while active inventory keeps climbing to 988 — that combination means overpricing gets punished fast. Look at what actually closed in Desert Color Sage Haven ($387,750 median) and St George Townsite (5 sales in just 4 days) before setting your number, and expect buyers to negotiate harder than they did in June.
Outlook
With rates already at 6.875% and the monthly average climbing from 6.19% in February to 6.79% in July, expect closings to stay under the 189-home trailing average through August as the desert summer heat (95-105°F, AC running nonstop) typically slows foot traffic anyway. Inventory near 988 active listings gives buyers real leverage in the 400-700k band, where July's 75 sales took a median 45 days — sellers without a compelling price will keep sitting.
Watch for
If rates hold above 6.875% into September, expect closings to stay below the 189 trailing average and active inventory to push past 1,050, extending the slower pace of sales already showing up at Sun River and Desert Color.
"St George's slow-down month: rates bite, price cuts multiply"
Common questions about St George this month
Is St George a buyer's or seller's market in July 2026? ▾
Buyers have more leverage than they've had all year. Active listings reached 988 while closings fell to 157, the lightest month since January, and 87 of those closings needed a price cut to get there. Days on market jumped to 47 from June's 35, giving buyers more room to negotiate, especially on homes that have already sat past 90 days.
Why did homes take longer to sell in St George this July? ▾
Median days on market rose to 47 from 35 in June, reversing a three-month streak near 37-38 days. Higher mortgage rates are part of it — the 30-year climbed to 6.875%, up 0.68 percentage points since February — combined with active inventory reaching 988, the most listings buyers have had to choose from all year.
How much has the recent rate increase added to a typical St George mortgage payment? ▾
On a median-priced $525,000 home with 20% down, the payment is $2,759 a month at today's 6.875% rate, up $70 from 30 days ago when rates were 6.625%. Compared with February's 6.19% average, buyers are now paying $189 more each month for the same home.
Which St George neighborhoods are seeing the most price cuts right now? ▾
Sun River and Desert Color Sage Haven both posted median days on market above 90 in July, roughly double their spring pace, suggesting sellers there are having to adjust price to attract offers. St George Townsite was the exception, with 5 homes closing in a median of just 4 days.
Should I expect St George home prices to drop this fall? ▾
July's median sale price actually rose to $525,000 from $492,500 in June, but that's happening alongside slower sales and more price cuts, not stronger demand. With inventory still climbing and rates near 6.875%, the more likely pattern over the next 60-90 days is flat-to-softer pricing on homes that aren't priced sharply from the start.
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
171 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 46 · 25th percentile 15 · 75th percentile 92
Needed a price change
Sold listings that had a recorded price change before close
92 of 171 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. Desert Color Sage Haven 11 sold · $445K · 92d
- 2. Sun River 7 sold · $599K · 91d
- 3. St George Townsite 6 sold · $485K · 13d
- 4. Salarno Hills At Divario 4 sold · $617K · 56d
- 5. Desert Color Auburn Hills 4 sold · $367K · 41d
July 2026 by property type
How each housing type performed last month — 169 closings total across subtypes.
Summary Statistics
| Metric | Jul-26 | Jul-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 171 | 202 | -15.35% | 1,328 | 1,403 | -5.35% |
| Median Sale Price | $520,000 | $516,788 | +0.62% | $507,754 | $502,904 | +0.96% |
| Median DOM | 46 | 37 | +24.32% | 46 | 40 | +15.00% |
| Sale-to-List Ratio | 98.57% | 98.30% | +0.27% | 98.09% | 98.10% | -0.01% |
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.