Market analytics · June 2026 archive
South Jordan, 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
South Jordan's fastest closings of the year arrive alongside a growing choice of homes.
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The most striking number in South Jordan's June 2026 data is how quickly homes moved off the market. The median days on market fell to essentially zero — meaning the typical home that closed in June went under contract the same day it was listed or had already been under contract before the month began — a dramatic shift from 18 days in May and 24 days in April. That speed came even as active inventory reached 520 homes, up from 444 in May and nearly double the 286 active listings South Jordan carried in June 2025, giving buyers more options than they've had in over a year.
Market pulse
The days-on-market arc over the past six months tells a clear story: 44 days in January 2026, climbing to 55 in February before snapping back to 31 in March, 24 in April, and 18 in May — and now the June median landed at zero, reflecting a wave of same-day or pre-contract closings. Closed sales recovered to 96 in June after May's dip to 84, though still below the 116 closings South Jordan recorded in June 2025. Active inventory continued its steady climb — 258 homes in January, 329 in February, 347 in March, 367 in April, 444 in May, and 520 in June — while the sale-to-list ratio held at 98.76%, essentially flat with May's 98.89% and consistent with a market where sellers are getting close to asking price but not routinely above it.
Mortgage context
The 30-year fixed rate in South Jordan's lending environment now sits at 6.75%, up 0.125 percentage points over the past 30 days from 6.625%. Zooming out, rates have climbed 0.56 percentage points from February's monthly average of 6.19% — the low point of the past seven months — to today's 6.75% spot rate, adding real weight to monthly payments on homes in this price range. That rate trajectory has likely pushed some buyers toward FHA financing at 6.25% or VA loans at 6.375%, particularly for households stretching into the $500K–$600K band.
Payment math
At $678,000 — the June median in South Jordan — a buyer putting 20% down carries a monthly principal-and-interest payment of $3,515 at today's 6.75% rate, which is $45 more than 30 days ago when the rate stood at 6.625%, and $199 above the February low when rates averaged 6.19% and that same loan would have cost $3,316 a month.
If you're buying
With 520 active listings and 37 of June's 96 closings involving a prior price reduction, buyers have real negotiating room on homes that have been sitting — focus on listings past 30 days on market, where the sale-to-list ratio on stale inventory tends to run closer to 97% than 99%. The Kennecott neighborhood and the broader Daybreak corridor both showed homes closing in the low single-digit days, so well-priced new entries move fast; get pre-approved and be ready to act within 24 hours on anything freshly listed in those communities. For buyers who need more time, the $400K–$700K band had 41 closings in June with a median sale of $539,990 — that segment still has negotiable inventory if you avoid the newest listings.
If you're selling
The zero-day median is a signal worth understanding correctly: it reflects homes that were already under contract or sold the day they hit the MLS, not that every listing sells instantly — 49 of June's 96 closings went below list price, so overpricing still costs you. Sellers in Daybreak and Downtown Daybreak should price within 1%–2% of recent comparable sales in their specific village; the Daybreak median sale jumped to $750,000 in June from $605,000 in May, partly reflecting a mix shift toward larger homes, so lean on the most recent sales in your exact product type rather than the community-wide number. With 184 new listings entering the market in June and inventory still building, homes that need work or are priced to last spring's peak ratios are sitting — condition and accurate pricing matter more than timing right now.
Outlook
South Jordan heads into July and August with more supply than it's carried in over a year, and the 30-year rate at 6.75% is likely to keep some move-up buyers on the sidelines — particularly those with sub-4% mortgages on their current homes. Seasonally, summer in the Salt Lake Valley keeps foot traffic strong through August, so well-priced homes in Daybreak, Kennecott, and the Jordan Heights corridor should continue to find buyers quickly. The bigger question is whether the 520-home active inventory keeps growing or plateaus; if new listings moderate from June's 184 pace, the market could stabilize, but if they stay elevated, expect the sale-to-list ratio to drift lower and days on market to tick back up by September.
Watch for
At the current pace of new listings running above 180 per month and closings near 96, active inventory could cross 600 homes by August — a level that would likely push the sale-to-list ratio toward the low 97% range and give buyers in the $400K–$700K band meaningful room to negotiate below asking price.
"Speed meets supply: South Jordan buyers closed faster than any month this year, even as inventory kept climbing."
Common questions about South Jordan this month
Is South Jordan a buyer's or seller's market in June 2026? ▾
It's a split market. The zero-day median and 98.76% sale-to-list ratio suggest that correctly priced, move-in-ready homes — especially in Daybreak and Kennecott — still sell quickly and close near asking. But with 520 active listings and 49 of 96 closings going below list price, buyers have real leverage on anything that's been sitting more than a few weeks or needs updating.
Why did the median days on market drop to zero in June? ▾
A zero-day median means that more than half of June's 96 closings were either already under contract before the month started or went under contract the same day they were listed. This often reflects a batch of new-construction closings — particularly in the Daybreak master-planned community, which accounted for 38 of the 96 closings — where homes are sold during construction and simply record a zero-day market time at closing.
How much has the mortgage rate increase affected payments on a South Jordan home? ▾
At the June median price of $677,500 with 20% down, the monthly principal-and-interest payment is $3,515 at today's 6.75% rate. That's $199 more per month than it would have been in February when rates averaged 6.19% — a difference of roughly $2,400 per year. The rate has also moved up 0.125 percentage points just in the past 30 days, adding $45 to that monthly figure.
Are home prices rising or falling in South Jordan? ▾
The June median sale price of $677,500 is up from $635,000 in May and above the $661,000 recorded in June 2025, but the month-to-month swings partly reflect mix — June had 47 closings above $700K versus only 27 in May, which pulls the median higher. The $400K–$700K band's median held at $539,990 in June, essentially flat with April and May, suggesting the mid-range is stable rather than appreciating sharply.
Which South Jordan neighborhoods are selling the fastest right now? ▾
Daybreak led all communities with 38 closings in June at a median of zero days on market, reflecting its large share of new-construction product. Downtown Daybreak also recorded zero median days on market across its 5 closings. Kennecott showed a median of 3 days on market across 7 closings, making it the fastest-moving resale neighborhood. Haven Cottages, by contrast, had a 43-day median, showing that even within South Jordan, timing varies significantly by community and price point.
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
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
104 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 0 · 25th percentile 0 · 75th percentile 16
Needed a price change
Sold listings that had a recorded price change before close
39 of 104 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. Daybreak 45 sold · $710K · 0d
- 2. Kennecott 7 sold · $485K · 3d
- 3. Downtown Daybreak 5 sold · $464K · 0d
- 4. Tate 3 sold · $790K · 15d
- 5. Haven Cottages 2 sold · $794K · 43d
June 2026 by property type
How each housing type performed last month — 104 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 104 | 116 | -10.34% | 544 | 527 | +3.23% |
| Median Sale Price | $663,950 | $661,000 | +0.45% | $632,501 | $619,462 | +2.10% |
| Median DOM | — | 21 | — | 26 | 30 | -13.33% |
| Sale-to-List Ratio | 98.79% | 99.23% | -0.44% | 99.00% | 99.41% | -0.41% |
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.