Market analytics · June 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
June 2026 · Market Analysis
Washington closings quicken in June even as rates climb past 6.8%.
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The headline number in Washington's June market isn't the price — it's the pace. Median days on market dropped to 27 in June, matching the fastest reading of the year set back in March, after sitting at 36 days in May and 32 in April. That acceleration happened while 106 homes closed — nearly identical to the 12-month average of 107 — and the sale-to-list ratio climbed to 99.12%, the strongest close-to-ask reading in the past six months. One wrinkle worth noting: the median list price on active inventory sits at $602,495, well above the $509,990 median sale price, so buyers shouldn't anchor to asking prices — what's actually closing runs about $92,000 below what sellers are listing.
Market pulse
Median days on market in Washington traced a wide arc over the past six months: 53 days in January, easing to 46 in February, then dropping sharply to 26 in March before rebounding to 32 in April and 36 in May. June's return to 27 days suggests the spring slowdown was temporary rather than a trend. Active inventory reached 442 homes in June, up from 433 in May and 409 in both March and April — supply is building, but closings are keeping pace. The sale-to-list ratio has held above 98% every month this year, and June's 99.12% is the best of the bunch, meaning sellers who price correctly are still getting very close to their ask.
Mortgage context
The 30-year fixed rate has climbed steadily since February's 6.14% monthly average, reaching 6.66% in June and now sitting at 6.875% — a 0.74 percentage point rise over that span. That climb is real money on a Washington-area purchase: at current rates, the monthly principal-and-interest payment on a median-priced home is $197 higher than it would have been in February. Buyers using FHA financing get a modest break at 6.375%, and veterans can access VA loans at 6.5%, both of which meaningfully change the monthly math compared to the conventional rate.
Payment math
At $510,000 with 20% down, the monthly principal-and-interest payment runs $2,680 at today's 6.875% rate — $34 more than 30 days ago when the rate was 6.75%, and $197 above the February low when rates averaged 6.14% and that same loan would have cost $2,483 a month.
If you're buying
With 59 of June's 106 closings involving a prior price reduction, there's real room to negotiate on homes that have been sitting — target anything past 45 days on market, where sellers have already demonstrated willingness to move on price. Lavender Canyon at Long Valley closed 9 homes at a median of $375,625 in June, making it one of the more accessible entry points in the market right now. The gap between the median list price ($602,495) and median sale price ($509,990) is a useful reminder: don't let active asking prices set your ceiling when recent comparable sales tell a different story.
If you're selling
June's 99.12% sale-to-list ratio shows that correctly priced homes are still closing near full ask — but the key word is "correctly." With the median list price running roughly $92,000 above what's actually closing, sellers who anchor to active listings rather than recent comparable sales are the ones sitting. Standing Rock East at Long Valley closed 7 homes at a median of just 6 days on market, which tells you that well-priced new construction in Long Valley is setting the pace — resale sellers need to compete on condition or price, not hope the market catches up to their number.
Outlook
With rates now at 6.875% and the monthly average having climbed every month since February, affordability will remain the primary constraint heading into late summer. Washington's desert heat — temperatures regularly reaching 95–105°F through July and August — tends to slow foot traffic and new listings, which could keep active inventory from growing much beyond its current 442 homes. If closings hold near the 100-per-month pace and new listings stay below 150 a month, the market stays roughly balanced; if rates push toward 7%, expect days on market to drift back toward the 35–40 range seen in April and May.
Watch for
At the current pace of new listings (135 in June, down from 154–196 earlier this year), active inventory likely plateaus near 450–460 homes — but if the 30-year crosses 7%, closings could fall below 90 per month and months of supply would push past 5, shifting leverage noticeably toward buyers.
"Faster closings, tighter sale-to-list, more inventory — Washington's June split the difference between speed and supply."
Common questions about Washington this month
Is Washington a buyer's or seller's market in June 2026? ▾
It's close to balanced, but sellers still hold a slight edge on well-priced homes. The 99.12% sale-to-list ratio and 27-day median closing time both favor sellers who price accurately. However, with 442 active listings and 59 of 106 closings involving a prior price reduction, buyers have real leverage on anything that's been sitting past 45 days.
Why is the median sale price so much lower than what I see listed? ▾
The median list price on active inventory in June was $602,495, but the median sale price was $509,990 — a gap of about $92,000. That gap reflects sellers listing at aspirational prices while the market closes deals at a lower level. Use recent comparable sales, not active listings, to calibrate what a home is actually worth right now.
Which neighborhoods in Washington are selling the fastest right now? ▾
Standing Rock East at Long Valley led June with 7 closings at a median of just 6 days on market and a median sale price of $499,990. Coral Canyon also moved quickly, with 4 closings at a median of 18 days. Lavender Canyon at Long Valley was the volume leader with 9 closings, though at a slower 21-day median pace and a lower $375,625 median price.
How do current mortgage rates affect what I can afford in Washington? ▾
At today's 6.875% rate, a $510,000 home with 20% down runs $2,680 a month in principal and interest. That's $197 more per month than the same purchase would have cost in February when rates averaged 6.14%. FHA loans at 6.375% and VA loans at 6.5% both offer meaningful savings for eligible buyers — worth running the numbers before assuming conventional financing is the only path.
How does June 2026 compare to June 2025 in Washington? ▾
Closings were up — 106 in June 2026 versus 97 in June 2025. But the median sale price moved in the other direction: $509,990 this June compared to $549,900 a year ago, a decline of about $40,000. Active inventory also grew, from 320 homes in June 2025 to 442 this June, giving buyers more options than they had a year ago even as the pace of closings picked up.
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
June 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
107 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 27 · 25th percentile 12 · 75th percentile 72
Needed a price change
Sold listings that had a recorded price change before close
60 of 107 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 · $376K · 21d
- 2. Standing Rock East At Long Valley 7 sold · $500K · 6d
- 3. Coral Canyon 4 sold · $688K · 18d
- 4. Standing Rock West At Long Valley 4 sold · $602K · 32d
- 5. Skyline At Long Valley 4 sold · $530K · 45d
June 2026 by property type
How each housing type performed last month — 102 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 107 | 97 | +10.31% | 655 | 567 | +15.52% |
| Median Sale Price | $509,990 | $549,900 | -7.26% | $508,069 | $521,276 | -2.53% |
| Median DOM | 27 | 27 | 0.00% | 36 | 31 | +16.13% |
| Sale-to-List Ratio | 99.13% | 98.40% | +0.74% | 98.60% | 98.56% | +0.04% |
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.