Market analytics · April 2026 archive
Washington, 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
Washington closings slow down in April as days-on-market climbs back above March's sprint pace.
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After March delivered Washington's fastest closings of the year — a median of just 26 days on market — April pulled back to 33 days, a 27% deceleration that signals buyers are taking a breath even as the spring season peaks. Active inventory reached 557 homes, up from 522 in March and 415 in January, giving shoppers more options across Long Valley, Coral Canyon, and the broader Washington bench. Compared to April 2025, closings rose from 108 to 119 and the median sale price moved from $501,853 to $509,990, but the extra inventory and longer days on market tell a more nuanced story than those headline numbers suggest.
Market pulse
Median days on market in Washington traced a clear arc over the past six months: 41 days in November, 42 in December, 49 in January (the slowest stretch), then a sharp drop to 26 days in March before rebounding to 33 in April. The sale-to-list ratio has held remarkably steady through this period — 98.47% in November, dipping to 96.10% in February, then recovering to 98.44% in March and 98.61% in April — suggesting sellers who price correctly are still getting close to their ask. Active inventory has been building steadily since December's low of 336 homes, reaching 557 in April, while new listings came in at 157 for the second consecutive month. Of the 119 homes that closed in April, 61 sold below list price and 23 had a price reduction before closing, a reminder that overpriced homes are sitting while well-priced ones move.
Mortgage context
The 30-year fixed rate sits at 6.625% today, up 0.375 percentage points over the past 30 days from 6.25%, and has climbed 0.43 pp since February's monthly average of 6.19% — the low point of the past six months. That rate trajectory matters in Washington, where the median sale price is just under $510,000: each uptick in borrowing cost translates directly into fewer buyers who can qualify at the $400K–$700K price band that accounts for nearly half of all closings. The 15-year rate at 5.99% and FHA at 6.00% offer some relief for buyers who can structure their purchase accordingly, but the jumbo rate at 7.375% is putting real pressure on the over-$700K segment.
Payment math
On a median-priced home today, P&I lands at $2,612/mo at 6.625% — $100/mo more than 30 days ago at 6.25%, and $116/mo above the February low when rates averaged 6.19% and P&I would have been $2,496.
If you're buying
Target homes that have been on market 45 days or more — in April, the 75th-percentile DOM was 65 days, and the sale-to-list ratio on price-reduced homes trends closer to 96–97% rather than the market-wide 98.61%, leaving real room to negotiate. Lavender Canyon at Long Valley and Coral Canyon both had active listings with median DOM in the 33–48 day range in April, and Coral Canyon's resale inventory has been competing with builder product for over a year, which keeps seller expectations in check. With 557 active homes and rates at 6.625%, you have more leverage than at any point since last winter — use it on condition and closing-cost concessions rather than just price.
If you're selling
Price to the current market, not to March's sprint: median DOM jumped from 26 to 33 days in a single month, and 23 of April's 119 closings required a price reduction before going under contract. In the $400K–$700K band — where 58 of April's closings occurred — the median sale came in at $548,760, so pricing above $570K without a clear differentiator on condition or lot will likely mean a price cut later. Homes in Long Valley and Corral Hollow at Long Valley that are move-in ready and priced within 1–2% of recent comps are still closing in under three weeks; those that aren't are sitting past 50 days.
Outlook
Over the next 60–90 days, Washington's inventory will likely continue building as new listings have run at 153–157 per month since March, while rate headwinds — the 30-year is now at 6.625% and trending up — will keep a lid on the buyer pool, particularly for homes priced above $600K. Seasonally, May and June tend to bring more listings to market across southern Utah, so sellers who wait risk entering a more crowded field; buyers who can tolerate today's rates will find more selection than they've seen in over a year. The under-$400K segment, where 41 homes closed in April at a median of $358,000, remains the most competitive price band and is likely to stay that way as retirees relocating from Las Vegas and California continue to target Washington as a more affordable alternative to St George's premium neighborhoods.
Watch for
If the 30-year rate crosses 7%, expect absorption in Washington to soften past 5.5 months and the share of closings requiring price reductions to climb above 25% — particularly in the over-$700K segment, where the jumbo rate is already at 7.375% and only 20 homes closed in April.
"Washington's spring reset: more homes, more days, same strong sale-to-list."
Common questions about Washington this month
Is Washington a buyer's or seller's market in April 2026? ▾
It's a transitional market leaning toward buyers in the upper price bands. With 557 active homes and a 4.68-month absorption rate, there's more supply than Washington has seen since early 2026. However, the sale-to-list ratio of 98.61% shows that well-priced homes — especially in the $400K–$700K range — are still attracting near-full-price offers. Buyers have the most leverage on homes past 45 days on market or in the over-$700K segment, where only 20 homes closed in April.
Why did homes take longer to sell in April than in March? ▾
March was unusually fast — median DOM dropped to 26 days, likely driven by pent-up demand from a slow January (49 days) and February (42 days). April's 33-day median is a normalization rather than a warning sign; it's roughly in line with April 2025's 25-day median and well below the 41–49 day range seen from November through January. The broader inventory build, with active listings climbing from 522 in March to 557 in April, gives buyers more choices and slightly more time to decide.
Which Washington neighborhoods or subdivisions are seeing the most activity? ▾
Long Valley and its sub-phases — including Lavender Canyon at Long Valley, Corral Hollow at Long Valley, and Standing Rock East — have consistently led monthly closing counts over the past year. In April 2026, Lavender Canyon at Long Valley led all subdivisions with 8 closings at a median sale price of $377,240 and a median DOM of 33 days. Coral Canyon, an established community, also posted 4 closings in April, though its median DOM of 48 days reflects the competition it faces from newer builder inventory in Long Valley.
How are rising mortgage rates affecting Washington home prices? ▾
The 30-year rate has climbed from a monthly average of 6.19% in February to 6.625% today, adding $116/mo in P&I on a median-priced Washington home. So far, this hasn't pushed median sale prices down — April's $509,990 median is up from $494,990 in February — but it has shifted the mix: the under-$400K segment grew to 41 closings in April (up from 37 in February), while the over-$700K segment shrank to 20 closings (down from 22 in February). If rates stay elevated, expect continued softening in the luxury and jumbo segments.
How does Washington compare to St George for buyers right now? ▾
Washington typically offers more new-construction options at slightly lower price points than St George's premium neighborhoods like Entrada at Snow Canyon or Desert Color, making it a practical alternative for buyers who want southern Utah's lifestyle without the top-of-market price tag. Washington's April 2026 median sale price of $509,990 reflects that positioning. Buyers priced out of St George's higher-end inventory — or retirees relocating from California and Las Vegas who find St George's prices stretched — have increasingly looked to Washington as a first stop, which helps explain why closings in April 2026 (119) outpaced April 2025 (108) despite higher rates.
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
122 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 33 · 25th percentile 9 · 75th percentile 65
Needed a price change
Sold listings that had a recorded price change before close
25 of 122 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. Lavender Canyon At Long Valley 9 sold · $367K · 21d
- 2. Coral Canyon 5 sold · $425K · 77d
- 3. Brio 4 sold · $618K · 22d
- 4. The Preserve At Alaia 4 sold · $435K · 169d
- 5. Long Valley 3 sold · $570K · 47d
April 2026 by property type
How each housing type performed last month — 119 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 122 | 108 | +12.96% | 435 | 343 | +26.82% |
| Median Sale Price | $509,495 | $501,853 | +1.52% | $504,143 | $511,802 | -1.50% |
| Median DOM | 33 | 25 | +32.00% | 36 | 33 | +9.09% |
| Sale-to-List Ratio | 99.30% | 98.74% | +0.57% | 98.56% | 98.51% | +0.05% |
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.