The St. George housing market held steady in August 2026. Inventory kept growing, sales prices softened slightly from last year, and pending sales matched August 2025 exactly. Here is a closer look at the numbers and what they mean for buyers and sellers.
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St. George Utah Housing Stats
Inventory Continues to Expand
The absorption rate measured 5.6 months in August, unchanged from 5.6 months in August 2025. Absorption rate estimates how long it would take for the current supply of homes to sell at the present sales pace.
Inventory and New Listings
There were 2,528 active residential listings in August, up 6.0% from 2,385 one year ago. A total of 743 new listings came to market during the month, a 2.5% increase over the 725 listed in August 2025.
Home Prices Hold Near Last Year’s Levels
The year-to-date picture is more positive. The median sale price for 2026 so far is $515,000, up 1.98% from $505,000, and the average sale price is $620,496, up 2.22%.
Closed Sales Cool Slightly
A total of 438 homes sold in August, compared with 461 in August 2025, a decrease of 5.0%. Even so, the longer trend remains positive.
Where Buyers Are Most Active
The $500,000 to $749,999 range remained the largest sales segment in August, with 142 closed transactions. That was down 15.5% from 168 sales one year earlier, though year-to-date sales in this range are up 1.8%.
Luxury Activity Remains Strong
Year-to-date sales between $1 million and $1.99 million increased 12.2%, with 294 properties sold compared with 262 during the same period in 2025. Sales between $2 million and $2.99 million rose even faster, up 75% from 28 to 49 homes.
Active Listings by Price Range
Buyers in the luxury and entry-level ranges have noticeably more options than last year. Sellers in the $500,000 to $749,999 range face slightly less competition.
Homes Are Moving at a Steady Pace
Homes spent an average of 76 cumulative days on market in August, compared with 77 days last year. The median cumulative days on market rose slightly, from 50 days to 52.
Pending Sales Hold Even
There were 447 pending listings in August, exactly matching the 447 recorded in August 2025.
What This Means for Buyers
For buyers, August brought more choice and a little more room to negotiate. Active listings are up 6.0% from last year, and median sale prices came in about 3% below August 2025. Homes are also taking slightly longer to sell, which can give buyers more time to make a decision.
What This Means for Sellers
Sellers are still working in a market with steady demand. Pending sales matched last year, and year-to-date closed sales and prices are both up.
Market Reports from 2025
St. George Homes for Sale
Here are the most recent home listings just added to the database in the average sale price range for St. George. All homes here are priced at $620,496 or less.
St. George Condos and Townhomes
Here are the most recent home listings just added to the database in the average sale price range for St. George. All condos and townhomes here are priced at $600,000 or less.