Market analytics · August 2026 archive
Stansbury Park, 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
Stansbury Park homes take twice as long to sell in August as buyers grow selective.
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The clearest story in Stansbury Park's August 2026 market isn't price — it's patience. Median days on market climbed to 71 in August, more than double July's 33, signaling that buyers who remained active after a summer of rising rates are taking their time. Eighteen homes closed, matching July's count and up from 16 a year ago, while the median sale price settled at $498,500 — nearly identical to August 2025's $492,000, suggesting the market has found a floor even as the pace of closings has slowed considerably.
Market pulse
After median days on market fell as low as 33 in both June and July, August's jump to 71 days marks a meaningful reversal — homes are sitting roughly as long as they did last August (77 days), erasing the speed gains of early summer. Active inventory tightened to 52 homes in August, down from 57 in July and 65 in May, so the slower pace isn't a supply problem — fewer buyers are pulling the trigger. The sale-to-list ratio held at 99.46%, nearly matching last August's 99.47%, which tells you sellers aren't being forced into deep cuts; they're just waiting longer for the right buyer. New listings dropped sharply to 14 in August, the lightest month of the past six, which will keep supply constrained heading into fall.
Mortgage context
The 30-year fixed rate averaged 6.77% in August and has climbed steadily from 6.14% in February — a move of 0.63 percentage points over six months that has meaningfully raised the monthly cost of buying here. At 6.875% today, up 0.125 percentage points from 6.75% thirty days ago, buyers financing a median-priced home are paying noticeably more than they were at the start of the year, and that cumulative climb is a real reason why homes are sitting longer before going under contract.
Payment math
At $499,000 with 20% down, the monthly principal-and-interest payment runs $2,620 at today's 6.875% rate — $33 more than 30 days ago at 6.75%, and $193 above the February low when rates averaged 6.14% and that same loan would have cost $2,427 a month.
If you're buying
With median days on market back at 71, homes in the $400K–$700K range — where 15 of 18 August closings landed — are sitting an average of 85 days before closing, giving buyers real room to negotiate. Target listings past 60 days on market, particularly in Sagewood Village Cottages and Stansbury Place Sub, where sellers have already demonstrated they'll wait; those are the sellers most likely to meet you on price or terms. Five of August's 18 closings involved a price reduction before going under contract, so asking for concessions on stale inventory is a reasonable opening move.
If you're selling
Price to where homes are actually closing, not where they're being listed — the median list price in August was $542,055 while the median sale price came in at $498,500, a gap of more than $43,000 that tells you the active shelf is priced above what buyers will pay. If your home is in the $400K–$700K band and you can't differentiate on condition or location, pricing at or just below recent comparable sales in Stansbury Place Sub and Sunnyside Estates will move it faster than chasing the list-price ceiling. With only 14 new listings hitting the market in August, your competition is thin — but so is the buyer pool, so realistic pricing matters more than ever.
Outlook
Fall typically brings fewer buyers to Tooele County as the school year settles in and the warm-weather urgency fades, and with the 30-year rate now at 6.875% and trending upward, the buyer pool that was already selective in August is unlikely to expand meaningfully through October. Sellers who price accurately and move quickly on offers will close; those holding out for spring 2026 prices may find the wait longer than expected given that days on market are already back to last year's pace. Buyers commuting to Salt Lake City along I-80 who were priced out of Salt Lake City or Tooele's tighter segments may find August's slower pace — and the negotiating room it creates — worth acting on before year-end.
Watch for
At the current pace of new listings (14 in August), active inventory could fall below 45 homes by October — and if that happens alongside continued rate pressure above 6.875%, months of supply likely tightens further even as individual homes sit longer, creating a market where both sides feel stuck.
"Speed reversed, prices held: Stansbury Park's August patience test."
Common questions about Stansbury Park this month
Is Stansbury Park a buyer's or seller's market in August 2026? ▾
It's closer to balanced, leaning slightly toward buyers on timing. Sellers are holding on price — the sale-to-list ratio was 99.46% — but homes are taking a median of 71 days to close, which gives buyers more time to negotiate than they had in June or July. The gap between median list price ($542,055) and median sale price ($498,500) suggests active listings are priced above where deals are actually getting done.
Why are homes taking so much longer to sell in August than they did in June? ▾
The 30-year rate climbed from an average of 6.66% in June to 6.77% in August, and is now at 6.875% — that cumulative move has made monthly payments meaningfully higher and slowed buyer decision-making. In June, the median home sold in 33 days; in August it took 71. Fewer buyers are in a hurry, so sellers are waiting longer for offers.
Are home prices dropping in Stansbury Park? ▾
Not materially. The August median sale price of $498,500 is up about 1.3% from $492,000 a year ago, and the sale-to-list ratio of 99.46% shows homes are still closing very close to asking price. Five of 18 closings did involve a price reduction before going under contract, but that's a minority — sellers are holding their ground, just waiting longer.
What kinds of homes are selling in Stansbury Park right now? ▾
The bulk of August closings — 15 of 18 — were in the $400K–$700K range, with a median sale price of $493,000 and a median of 85 days on market. Two homes above $700K also closed, including a sale in The Pier at $1,250,000, pulling the average sale price ($545,762) well above the median. The under-$400K segment had just one closing at $360,000.
Should I wait for rates to drop before buying in Stansbury Park? ▾
That's a timing call no one can make with certainty, but the data offers some context: rates have moved from 6.14% in February to 6.875% today, and the monthly payment on a median-priced home has risen $193 over that stretch. If rates do pull back, more buyers will re-enter and the 71-day median could compress quickly — meaning today's negotiating window may not last. Buyers who can absorb the current payment and find a home past 60 days on market are in a reasonable position to negotiate now.
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
18 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 71 · 25th percentile 28 · 75th percentile 117
Needed a price change
Sold listings that had a recorded price change before close
5 of 18 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. The Pier 1 sold · $1,250K · 38d
- 2. Sunnyside Estates 1 sold · $772K · 25d
- 3. Stansbury Place Sub 1 sold · $614K · 75d
- 4. Sagewood Village Cottages 1319 1 sold · $513K · 123d
- 5. Sagewood Village Cottage 1143 1 sold · $510K · 14d
August 2026 by property type
How each housing type performed last month — 17 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 18 | 16 | +12.50% | 155 | 167 | -7.19% |
| Median Sale Price | $498,500 | $492,000 | +1.32% | $500,331 | $505,952 | -1.11% |
| Median DOM | 71 | 77 | -7.79% | 61 | 38 | +60.53% |
| Sale-to-List Ratio | 99.46% | 99.47% | -0.01% | 99.35% | 99.41% | -0.06% |
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.