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Market analytics

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 speed back up as summer buyers move faster than May's stall

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Washington homes moved noticeably faster in June 2026, with median days on market dropping to 26 from May's 42 — a 38% swing back toward the brisk pace set in March. Sold homes also rebounded to 91 from May's 72, even as active inventory kept climbing to 533, the highest mark of the past six months.

Market pulse

Median days on market in Washington has swung sharply this year: 46 in February, 26 in March, 32 in April, 42 in May, and back to 26 in June — a pattern that shows no single direction has held for more than two months. Sold counts followed a similar zigzag, from 143 in March to 122 in April, down to 72 in May, then back up to 91 in June. Active inventory has climbed steadily since January's 369, reaching 533 in June, while new listings eased to 134 from April and May's 154-157 range. The sale-to-list ratio hit 99.32% in June, its strongest reading of the six-month window, even as price-adjusted sales jumped to 49 from May's 32.

Mortgage context

The 30-year rate now sits at 6.75%, up 0.125 percentage points over the past 30 days from 6.625%, and has climbed from February's 6.19% average through June's 6.66% monthly average to July's 6.71%. That steady four-month climb is pushing monthly payments higher even as Washington's own closings show buyers still active, particularly in the under-$400,000 band where 26 homes sold in June with a median of just 20 days on market.

Payment math

On the $510,000 Washington median, principal and interest now runs $2,646 a month at today's 6.75%, up $34 from $2,612 thirty days ago when the rate averaged 6.625%, and $150 above the $2,496 payment buyers locked in back in February when rates averaged 6.19%.

If you're buying

Closings under 26 days median are moving fast, so line up financing before touring — homes in Standing Rock East and Lavender Canyon at Long Valley sold in a median of 6 and 16 days respectively. With 26 of 91 June sales under $400,000 (median $351,490, just 20 days on market), that band still offers the quickest path to a deal. Watch the 49 price-adjusted listings for negotiating room if you're shopping the $400,000-$700,000 tier, where days on market ran closer to 29.

If you're selling

A 99.32% sale-to-list ratio and 26-day median days on market mean well-priced Washington listings are still closing near asking, so don't over-discount out of the gate. But 49 of June's 91 sales came after a price change — nearly double May's 32 — so if your home hasn't drawn traffic in the first two to three weeks, a prompt adjustment beats waiting it out. Active inventory at 533 is the highest of the past six months, so differentiate on condition or staging rather than counting on scarcity.

Outlook

With rates already at 6.71% for July and no signal of a pullback, expect Washington's faster June pace to face pressure from affordability rather than demand drying up outright. Inventory near 533 gives buyers room to negotiate on anything sitting past 45-60 days, while well-priced listings in Long Valley subdivisions and Coral Canyon should keep closing near full asking. Sellers who watched May's slower stretch should treat June's rebound as a window, not a guarantee, given how quickly the pace flipped twice already this year.

Watch for

If the 30-year holds above 6.7% through August, expect June's speed-up to reverse the way May's did, pushing median days on market back toward the high 30s or 40s as monthly payments keep climbing.

"Washington's whiplash June: faster closings, more listings, higher rates"

Common questions about Washington this month

Are homes selling faster in Washington this summer?

Yes. Median days on market dropped to 26 in June 2026 from 42 in May, a 38% swing back toward the pace last seen in March. The fastest-moving listings, like those in Standing Rock East at Long Valley, closed in a median of just 6 days.

Is Washington a buyer's or seller's market right now?

June's sale-to-list ratio of 99.32% — the highest reading of the past six months — points toward sellers holding leverage on well-priced homes, even though active inventory climbed to 533. It's a split market: homes priced right sell close to asking fast, while others sit and eventually take a price cut.

How much did the June rate increase add to a typical Washington house payment?

On the $510,000 median-priced home with 20% down, the monthly principal-and-interest payment is now $2,646 at 6.75%, up $34 from 30 days earlier when rates averaged 6.625%. That's a 1.3% increase in the monthly payment over just one month.

Why did the median sale price dip to $509,990 in June?

Part of the story is mix: the under-$400,000 band accounted for 26 of 91 sales, while the over-$700,000 band saw its median sale price jump to just over $1,023,450. With only 91 closings against a 12-month average of 103, the overall median moves more on which price bands transacted than on a broad shift in value.

Should I wait for rates to drop before buying in Washington?

Rates have moved the other direction for four straight months, climbing from February's 6.19% average to 6.66% in June and 6.71% in July. Waiting risks both a higher rate and less negotiating room if days on market keep shortening the way they did in June.

This summary is based on the MLS data available to us for June 2026 and current published mortgage rates. We make no warranties or claims regarding accuracy, completeness, or future market performance; figures should not be relied on for transaction decisions without independent verification by a licensed agent.

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

102 sold homes that had a list price recorded

17
Above asking
16.7%
40
At asking
39.2%
45
Below asking
44.1%

Days on market spread

Quartile distribution

8-71 days (middle 50%)

Median 26 · 25th percentile 8 · 75th percentile 71

Needed a price change

Sold listings that had a recorded price change before close

55.9% of closings

57 of 102 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

Under $400K
29
sold
~21 day median DOM
$352K median sale
$400K – $700K
52
sold
~28 day median DOM
$522K median sale
$700K+
21
sold
~28 day median DOM
$1,050K median sale

Top subdivisions this month

Ranked by closed count

  1. 1. Lavender Canyon At Long Valley 9 sold · $376K · 16d
  2. 2. Standing Rock East At Long Valley 7 sold · $500K · 6d
  3. 3. Coral Canyon 4 sold · $688K · 18d
  4. 4. Standing Rock West At Long Valley 4 sold · $602K · 32d
  5. 5. Skyline At Long Valley 4 sold · $530K · 45d

June 2026 by property type

How each housing type performed last month — 99 closings total across subtypes.

Single-family
61
sold in June 2026
Median sale $570,000
Median DOM 27 days
Share of closings 61.6%
Townhouse
38
sold in June 2026
Median sale $391,000
Median DOM 23 days
Share of closings 38.4%

Summary Statistics

Metric Jun-26 Jun-25 % Chg 2026 YTD 2025 YTD % Chg
Sold Count 102 97 +5.15% 650 567 +14.64%
Median Sale Price $512,490 $549,900 -6.80% $508,446 $521,276 -2.46%
Median DOM 26 27 -3.70% 34 31 +9.68%
Sale-to-List Ratio 99.25% 98.40% +0.86% 98.73% 98.56% +0.17%

Past months

Browse historical Washington reports — each month's snapshot stays at its own permanent URL.

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.