Market analytics
Holladay, 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
Holladay's fastest closings in a year can't offset rising inventory and softer volume.
In April 2026, the homes that did sell in Holladay moved at the fastest pace seen in over a year — median days on market dropped to just 10, down from 20 in March and well below the 28-day median recorded in April 2025. That speed story, however, comes with an asterisk: only 25 homes closed in April, compared to 35 in April 2025 and 42 in March 2026, while active inventory climbed to 117 — up from 93 in March and 87 a year ago. The market is bifurcating: the right homes are moving quickly, but a growing share of listings are sitting.
Market pulse
Median days on market in Holladay has swung sharply over the past six months: it peaked at 48 days in December 2025, eased to 35 in January, held near 37 in February, then dropped to 20 in March and 10 in April — a clear acceleration in the pace of accepted offers for homes that are priced to move. At the same time, active inventory has been climbing since January's low of 77 homes, reaching 92 in February, 93 in March, and 117 in April, with 55 new listings entering the market in April alone — the most in the six-month window. The sale-to-list ratio ticked up slightly to 98.82% in April from 98.16% in March, suggesting sellers of closed homes are holding firm on price, but 16 of 25 closings still came in below list. The combination of faster closings on a smaller subset of homes alongside a growing active count points to a market where selection is widening but buyer conviction is concentrated on well-priced properties.
Mortgage context
The 30-year fixed rate currently sits at 6.625%, up 0.375 points over the past 30 days from 6.25%, adding meaningful friction for buyers already stretching into Holladay's price range. The rate trajectory over the past several months has been uneven — the 30-year averaged as low as 6.19% in February before climbing to 6.48% in March and 6.42% in April — meaning buyers who locked in February had a brief affordability window that has since closed. Jumbo financing, relevant for a significant share of Holladay transactions above $1M, is currently priced at 7.375%, which is a meaningful headwind for the luxury segment along corridors like Mt. Olympus and Cottonwood.
Payment math
On a median-priced home today, P&I lands at $3,560/mo at 6.625% — $137/mo more than 30 days ago at 6.25%, and $158/mo above the February low when rates averaged 6.19% and P&I would have been $3,402.
If you're buying
Target homes in Holladay that have been active 45 days or more — the 75th-percentile DOM in April was 78 days, and listings in the $400K–$700K band (median DOM of 43 days in April) and the under-$400K band (median DOM of 58 days) are showing the most negotiating room, with sale-to-list ratios on stale inventory running closer to 96–97%. In the Cottonwood Village and Woodbridge areas, where April closings came in around $371,500 and $405,500 respectively, there is room to negotiate on homes that haven't attracted multiple offers within the first two weeks. Conversely, if you're targeting the over-$700K segment — particularly Lakewood, where two homes closed at a median of $985,500 in just 5 days — expect to move quickly and price competitively from the start.
If you're selling
If your Holladay home is priced above $700K and in move-in condition, April's data supports a confident list — the over-$700K segment saw a median DOM of just 4 days, and Lakewood properties closed near asking within a week. However, with 117 active listings now competing for 25 buyers per month, homes that need work or are priced to last spring's peak comps (April 2025 median was $869,900) are sitting: 16 of 25 April closings came in below list price. Price to the current market — not the March 2026 average of $887,950, which was skewed by several ultra-luxury closings in Holladay Hills and Cottonwood — and consider a pre-listing inspection to remove buyer objections before they become price-reduction leverage.
Outlook
Over the next 60–90 days, Holladay's inventory is likely to keep building as the spring listing season continues — 55 new listings in April alone suggests May and June could push active counts above 130. With the 30-year rate now at 6.625% and trending upward, the pool of qualified buyers for Holladay's median price point will remain constrained, and the gap between fast-moving well-priced homes and stagnant overpriced listings is likely to widen further. Sellers who price accurately in May will benefit from peak seasonal foot traffic; those who don't may find themselves competing with a larger inventory pool by July, when the market historically softens after the spring rush.
Watch for
If the 30-year fixed rate crosses 7% — bringing jumbo rates above 7.75% — expect Holladay's months of supply to climb past 6 and the sale-to-list ratio on the over-$700K segment to slip below 97%, as the buyer pool for the city's dominant price band contracts further.
"Speed up, slow down: Holladay's April split — homes that sold moved fast, but fewer sold and more are waiting."
Common questions about Holladay this month
Is Holladay a buyer's or seller's market in April 2026? ▾
It depends heavily on price point. The over-$700K segment — which includes Lakewood and Mt. Olympus-area properties — is still behaving like a seller's market, with a median DOM of just 4 days and a sale-to-list ratio near asking. Below $700K, and especially in the under-$400K band where median DOM was 58 days, buyers have more leverage. With 117 active listings and only 25 closings in April, the overall absorption rate of 4.68 months leans toward a balanced-to-buyer-favoring market in aggregate.
Why did the Holladay median sale price drop from $887,950 in March to $695,000 in April? ▾
March's median was significantly elevated by a handful of ultra-luxury closings — including a Holladay Hills property at $4M and a Cottonwood home at $3.3M — that pulled the average and median upward. In April, the mix shifted: 8 of 25 closings were under $400K (median sale $300,500), and only 11 were over $700K compared to 27 in March. The median sale price reflects the composition of what closed, not a broad decline in home values across Holladay.
How are rising mortgage rates affecting Holladay buyers in spring 2026? ▾
The 30-year rate has climbed from a recent low of 6.19% in February to 6.625% today, adding $158/mo in P&I on a median-priced home — bringing the monthly payment to approximately $3,560. For buyers financing above the conforming loan limit (common in Holladay given the price range), jumbo rates at 7.375% add even more cost. This is compressing the qualified buyer pool, which helps explain why closings in April (25) ran well below the prior 12-month average of 31 per month.
Which Holladay neighborhoods are seeing the fastest sales right now? ▾
In April 2026, Lakewood stood out with two closings at a median of $985,500 and just 5 days on market, consistent with its strong performance in prior months. Apollo Square Condos also closed quickly (0 DOM reported). The over-$700K price band as a whole had a median DOM of just 4 days, suggesting that well-located, move-in-ready properties near the Cottonwood corridor and Holladay's established neighborhoods are still attracting immediate interest.
With inventory rising, should Holladay sellers wait or list now? ▾
The data favors listing sooner rather than later. April already had 117 active listings — up from 77 in January — and 55 new listings entered in April alone, suggesting the competitive field is growing each month. Historically, Holladay sees its strongest buyer activity in May and June before summer softening. Sellers who list in May with accurate pricing stand to benefit from peak seasonal demand; waiting until July or August risks competing against a larger inventory pool at a time when buyer urgency typically fades.
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
25 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 10 · 25th percentile 4 · 75th percentile 78
Needed a price change
Sold listings that had a recorded price change before close
1 of 25 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. Lakewood 2 sold · $986K · 5d
- 2. Woodbridge 2 sold · $406K · 38d
- 3. Cottonwood Village 2 sold · $372K · 94d
- 4. Murdoch Woods 1 sold · $3,325K · 78d
- 5. Apollo Square Condos 1 sold · $1,079K · 0d
April 2026 by property type
How each housing type performed last month — 25 closings total across subtypes.
Summary Statistics
| Metric | Apr-26 | Apr-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 25 | 35 | -28.57% | 111 | 100 | +11.00% |
| Median Sale Price | $695,000 | $869,900 | -20.11% | $794,809 | $803,709 | -1.11% |
| Median DOM | 10 | 28 | -64.29% | 24 | 34 | -29.41% |
| Sale-to-List Ratio | 99.21% | 98.53% | +0.69% | 98.14% | 98.70% | -0.57% |
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.