Market analytics · April 2026 archive
Highland, 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
Highland closings rebound sharply in April as buyers return from a slow winter
Closed sales in Highland jumped to 19 in April 2026, more than tripling March's 6 closings and matching the pace of April 2025's 17 — a clear signal that buyer activity returned after a sluggish winter stretch. Median days on market collapsed from 63 in March to just 10 in April, meaning the homes that sold moved quickly once the spring shoulder season opened up. Active inventory, however, continued to climb — reaching 76 listings in April, up from 66 in March and 41 in February — so the rebound in closings is happening against a backdrop of growing supply, not a tightening one.
Market pulse
Closed sales in Highland have been volatile over the past six months: 11 in November, 18 in December, 8 in January, 12 in February, 6 in March, and then 19 in April — the pattern reflects both seasonal rhythms and the lumpy nature of a low-volume luxury market. Median DOM swung just as dramatically, from 61 days in January to 39 in February, 63 in March, and then a sharp drop to 10 in April, suggesting the April closings were largely homes that came to market and found buyers quickly rather than stale inventory finally clearing. The sale-to-list ratio has held in a narrow band — 97.33% in February, 98.05% in March, and 98.03% in April — indicating sellers are still conceding a modest discount at close, with 12 of 19 April closings settling below list price. Active inventory has been building steadily since January's 38 listings, reaching 76 in April, while new listings held at 32 in April after 33 in March, suggesting the supply pipeline remains active heading into summer.
Mortgage context
The 30-year fixed rate sits at 6.625% as of late May, up 0.375 pp over the past 30 days from 6.25% thirty days ago — and up 0.43 pp from February's monthly average of 6.19%, which was the low point of the past six months. That February-to-now climb matters in Highland, where the median home price is well above the Wasatch Front average and jumbo financing (currently at 7.375%) is a real consideration for buyers targeting the over-$1M segment. Monthly rate averages have moved from 6.19% in February to 6.48% in March and 6.42% in April, with the current spot rate already above the April average — meaning buyers writing offers today face higher carrying costs than most April closings reflected.
Payment math
On a median-priced home today, P&I lands at $4,559/mo at 6.625% — $175/mo more than 30 days ago at 6.25%, and $203/mo above the February low when rates averaged 6.19% and P&I would have been $4,356.
If you're buying
With 76 active listings and a sale-to-list ratio of 98.03%, buyers in Highland have real negotiating room — particularly on homes that have been sitting. Target listings past 60 days on market in the over-$700K band, where the April median DOM was 12 days for closings but the 75th-percentile DOM was 58 days, meaning a meaningful share of active inventory has been sitting considerably longer. Neighborhoods like Beacon Hills and Dry Creek have seen repeated price reductions on longer-tenured listings; buyers willing to move on those properties can likely negotiate closer to 96–97% of list rather than the 98% average. Keep jumbo financing in mind early — at 7.375%, a $1.2M purchase carries a meaningfully different payment than a conforming loan, and locking a rate before the current upward trend continues will matter.
If you're selling
April's quick-closing homes — median DOM of 10 days — were priced to the current market, not to last spring's 100.04% sale-to-list ratio. Sellers in Highland Hills and the Ridge subdivision who priced competitively saw results; those in Country French Estates and Highland Hollows waited 119–198 days. If your home is in the $700K–$1.2M range, price within 2% of recent comparable closings and be prepared for a buyer to land at 97–98% of list — building in a small negotiating cushion is more effective than anchoring high and sitting. With 76 active listings competing for roughly 19 buyers per month, differentiation on condition and price matters more than it did a year ago when the sale-to-list ratio was above 100%.
Outlook
Highland enters May and June with more supply than it has seen in recent months and a rate environment that is moving against buyers — the current 6.625% spot rate is already above April's 6.42% monthly average, and the 30-day trend is upward. Seasonally, spring is Highland's most active closing window, so the next 60–90 days should sustain or slightly improve on April's 19 closings, but the growing active count (76 listings) means sellers will continue to face competition. If rates stabilize near current levels, expect the sale-to-list ratio to hold in the 97–98% range and median DOM to remain short for well-priced homes while overpriced listings accumulate days.
Watch for
If the 30-year fixed rate crosses 7% — pushing jumbo rates above 7.75% — expect Highland's over-$1M segment to slow materially, active inventory to push past 90 listings, and months of supply to climb back toward the 8–10 range seen in March.
"Highland's spring reawakening: 19 closings, a 10-day median DOM, and inventory still building."
Common questions about Highland this month
Is Highland a buyer's or seller's market in April 2026? ▾
It's a balanced-to-buyer-leaning market right now. With 76 active listings and only 19 closings in April, supply is building faster than demand is absorbing it. The sale-to-list ratio of 98.03% and 12 of 19 closings settling below list price confirm that buyers have negotiating room, though well-priced homes in Highland Hills and the Ridge subdivision still moved in under 10 days.
Why did homes sell so fast in April if there's so much inventory? ▾
The 10-day median DOM reflects the homes that actually closed in April — those were largely properties priced at or near market value that attracted quick offers. The broader active inventory of 76 listings includes many homes that have been sitting much longer; the 75th-percentile DOM was 58 days, meaning a significant share of active listings are well past the quick-sale window. Fast closings and a large active count can coexist when pricing is the dividing line.
How does the current mortgage rate affect buying a home in Highland? ▾
At 6.625% on a 30-year fixed, P&I on a median-priced Highland home runs approximately $4,559/month — $175/month more than 30 days ago when rates were at 6.25%. For buyers targeting Highland's over-$1M inventory, jumbo financing at 7.375% adds even more to the monthly cost. The rate has climbed 0.43 percentage points since February's low of 6.19%, which translates to $203/month in additional carrying cost on the median price.
What price range is most active in Highland right now? ▾
The over-$700K segment dominated April with 17 of 19 closings, posting a median sale price of $935,000 and a median DOM of 12 days. The $400K–$700K band had only 2 closings at a median of $474,000. Highland's market is almost entirely concentrated above $700K, and the luxury end — Country French Estates at $3.285M and Highland Oaks at $3.252M — pulled the average sale price to $1,244,018 well above the $890,000 median.
Should I wait to list my Highland home, or list now in spring? ▾
Spring is historically Highland's most active closing window, and April's 19 closings confirm buyers are present. However, with 76 active listings already competing for that buyer pool, waiting until summer does not reduce your competition — it likely increases it as more listings come to market. Homes that priced correctly in April moved in days; those that anchored to 2025's stronger sale-to-list ratios are still sitting. Listing now with accurate pricing gives you the best chance of catching the current wave of buyer activity before rate headwinds potentially soften demand further.
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
19 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 10 · 25th percentile 6 · 75th percentile 58
Needed a price change
Sold listings that had a recorded price change before close
0 of 19 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. Ridge 2 sold · $818K · 7d
- 2. Highland Hills 2 sold · $767K · 8d
- 3. Country French Estates 1 sold · $3,285K · 198d
- 4. Highland Oaks 1 sold · $3,252K · 0d
- 5. Highland Hollows 1 sold · $2,195K · 119d
April 2026 by property type
How each housing type performed last month — 17 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 19 | 17 | +11.76% | 45 | 61 | -26.23% |
| Median Sale Price | $890,000 | $850,000 | +4.71% | $968,285 | $790,518 | +22.49% |
| Median DOM | 10 | 22 | -54.55% | 34 | 47 | -27.66% |
| Sale-to-List Ratio | 98.03% | 100.04% | -2.01% | 98.05% | 98.94% | -0.90% |
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.