St George Utah Real Estate Market Report – August 2026

The St. George real estate market continues to show a healthy mix of stability, opportunity, and steady buyer activity as summer moves forward. July’s numbers point to a market that is neither dramatically favoring buyers nor sellers. Instead, inventory has expanded, home values remain resilient, and sales continue to move at a consistent pace.

For buyers, that means more choices and potentially more room to evaluate options carefully. For sellers, it means pricing and presentation matter more than in tighter inventory conditions, but strong opportunities still exist for homes that are well positioned.

Here is a closer look at the July 2026 residential market data and what it may mean for anyone considering a move in St. George.

©[drial7m1 from Getty Images Signature] via Canva.com

Inventory Continues to Expand

At the end of July, there were 2,533 active residential listings, compared with 2,401 during the same period last year. That represents a 5.5% increase in available inventory.

The absorption rate measured 5.63 months, essentially unchanged from 5.65 months in July 2025. Absorption rate estimates how long it would take for the current supply of homes to sell at the present sales pace. A level near six months typically suggests a market moving closer to balance rather than strongly favoring one side of the transaction.

For buyers, more available listings can provide welcome breathing room. There may be more opportunity to compare homes, weigh condition and location, and avoid feeling pressured to decide immediately simply because inventory is scarce.

For sellers, however, more listings mean more competition. Buyers have options, which makes it increasingly important for a home to stand out through thoughtful pricing, presentation, and marketing.

New Listings Slowed in July

A total of 669 new residential listings came to market during July, down 6.7% from 717 one year ago.

That monthly decline is worth noting, but the year-to-date picture remains stronger. Through July, 5,521 new listings have entered the market in 2026, compared with 5,420 during the same period in 2025, an increase of 1.9%.

This suggests inventory has been building over the year, even though July saw fewer new properties enter the market.

That may help keep conditions from becoming overly saturated while still giving buyers more selection than they had in previous periods.

Home Prices Remain Resilient

Pricing remains one of the stronger signals in the July data.

The median sale price reached $520,000, up 4% from $500,000 in July 2025. Year to date, the median sale price stands at $515,000, compared with $500,500 during the same period last year, a gain of 2.9%.

The average sale price was $564,117 in July, nearly unchanged from $562,629 a year ago. Year to date, however, the average sale price rose to $622,119 from $604,363, a 2.94% gain.

These numbers indicate that increased inventory has not translated into meaningful downward pressure on home values. Buyers may have more options, but prices remain relatively firm.

The active market tells a similar story. The median list price was $568,000, slightly below the $570,000 recorded in July 2025, while the average active list price rose 1.92% to $799,738.

That gap between median and average pricing also reflects higher-end inventory throughout the St. George market.

Closed Sales Continue to Increase

Buyer activity remained steady in July.

A total of 463 homes sold during the month, compared with 455 in July 2025, an increase of 1.8%.

Through the first seven months of the year, 3,231 residential properties have sold, up 4.1% from 3,105 during the same period last year.

That increase is particularly encouraging because it comes at a time when buyers have more inventory to choose from. More available homes have not stalled market activity.

Instead, buyers appear to remain engaged while becoming somewhat more selective.

Where Buyers Are Most Active

The $500,000 to $749,999 range remained the largest sales segment in July, with 168 closed transactions. That was up 12% from 150 sales in the same price range one year earlier.

The $350,000 to $399,999 segment also performed well, with 60 sales compared with 49 last July, up 22.4%.

Sales between $300,000 and $349,999 rose 16.1%, from 31 to 36 transactions.

Activity was more mixed in several other price brackets, showing why broad market averages don’t always tell the full story. Conditions can vary considerably depending on a buyer’s budget or a seller’s price point.

For anyone entering the market, understanding the activity within a specific price range can be just as important as looking at St. George as a whole.

Luxury Activity Remains Strong

The higher end of the market continues to show notable strength.

Year-to-date sales between $1 million and $1.99 million increased 15.9%, with 262 properties sold compared with 226 during the same period in 2025.

Sales between $2 million and $2.99 million nearly doubled year over year, rising from 24 transactions to 45, an 87.5% increase.

Active inventory is also growing in some luxury categories. There were 333 active listings priced between $1 million and $1.99 million in July, up 16% from 287 one year earlier.

This suggests that St. George continues to attract meaningful activity in the luxury and upper-price segments, even as buyers at those price points also benefit from increased selection.

Homes Are Moving at a Steady Pace

Homes spent an average of 72 cumulative days on market in July, compared with 73 days last year.

The median cumulative days on market declined more noticeably, falling from 46 days to 42.

Cumulative Days on Market, or CDOM, reflects the total amount of time a property is actively marketed before going under contract.

The slight improvement in July suggests that homes are continuing to move at a healthy pace despite the increase in overall inventory.

Year-to-date figures tell a slightly different story, with average CDOM at 80 days compared with 77 last year and median CDOM at 48 days compared with 44.

That contrast reinforces an important point: today’s market rewards homes that are priced appropriately from the beginning. Buyers have more alternatives, and properties that miss the mark on price or presentation may remain available longer.

Pending Sales Show a Mixed Picture

There were 453 pending listings during July, down 8.9% from 497 in July 2025.

Viewed on its own, that monthly decline could suggest some softening in near-term activity. However, year-to-date pending sales remain ahead of last year.

Through July, 3,462 properties have gone pending, compared with 3,282 during the same period in 2025, an increase of 5.5%.

This broader trend suggests buyer demand remains active, even though month-to-month activity can fluctuate.

What Does This Mean For Buyers In St George Utah?

For buyers, the current St. George market offers something difficult to find in some recent housing cycles: more choice without a major collapse in market activity.

With more than 2,500 active listings and approximately 5.6 months of inventory, buyers may have more time to evaluate neighborhoods, compare properties, review condition, and consider whether a home truly fits their needs.

That does not mean every property will come with negotiating leverage.

Well-priced homes in desirable locations can still attract strong interest, particularly in active price ranges. Buyers should remain financially prepared and ready to act when the right opportunity appears.

The difference is that the market may allow for more thoughtful decision-making than buyers experienced during periods of extremely limited inventory.

What Does This Mean For Sellers?

Sellers are still operating in a market with stable prices and steady transaction volume, but strategy is becoming increasingly important.

With active inventory up 5.5% from last year, buyers have more homes to choose from. Pricing too aggressively can cause a listing to sit while better-positioned properties move ahead.

The strongest sellers in this environment are likely to be those who understand their immediate competition, prepare their homes carefully, and price according to current market conditions rather than relying on older expectations.

July’s median CDOM of 42 days shows that homes can still move efficiently. The key is creating the right combination of value, presentation, and exposure from the beginning.

A Balanced St. George Market Creates Opportunity

The July numbers paint a picture of a market that continues to evolve toward greater balance.

Inventory is higher, buyers have more choices, and sellers face more competition. At the same time, median prices are up, closed sales have increased, and year-to-date activity remains healthy.

That balance can create opportunity on both sides of the transaction.

Buyers may have more flexibility than in a tighter market, while sellers can still achieve strong results when they price and market their homes strategically.

If you are thinking about buying or selling in St. George, the most useful numbers are often the ones closest to your specific neighborhood, property type, and price range. Contact Jackie Ruden for a personalized market review and a strategy based on what is happening in the market right now.

This version stays grounded in Jackie Ruden’s July 2026 market summary, including the inventory, sales, pricing, pending, luxury-market, and CDOM figures reported in the source.

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 $568,000 or less.

Entrada Homes For Sale

Share This Page