The July 2026 St. George Real Estate Market Report reflects residential activity recorded during June 2026. The latest figures show a market with more available homes, stronger sales and pending activity, and shorter marketing times than one year ago. Prices remain mixed, with monthly sale prices below June 2025 levels while year-to-date prices continue to show modest appreciation.
Residential Market Overview
St. George recorded 505 closed residential sales in June, up 6.1% from the 476 sales completed in June 2025. Through the first six months of the year, 2,743 homes have sold, representing a 3.5% increase over the same period last year.
Pending activity showed an even stronger increase. There were 529 pending listings during June, compared with 438 one year earlier, a gain of 20.8%. Year-to-date pending listings reached 3,065, up 10.1% from 2,785 during the first half of 2025.
This rise in pending activity may support continued sales momentum as the market moves through the summer. However, buyers also have a larger selection of homes to choose from, competing for their attention.
The absorption rate reached 5.85 months in June, compared with 5.61 months in June 2025. The absorption rate measures how many months it would take to sell the current inventory at the existing sales pace. A figure approaching six months generally indicates a market moving closer to balance between buyers and sellers.
Inventory and New Listings
There were 2,606 active residential listings in June, a 10.1% increase from the 2,366 homes available one year ago. Year-to-date active listing activity was also 6.9% higher than during the same period in 2025.
New listing activity rose at a slower pace. Sellers introduced 696 new properties to the market during June, up 4.2% from 668 new listings in June 2025. Through June, 4,839 new listings have entered the market, representing a 2.9% year-over-year increase.
Because active inventory is rising faster than new listing activity, some homes are remaining available from previous months. This gives buyers more opportunities to compare properties, evaluate pricing, and negotiate terms. For sellers, it increases the importance of entering the market with a competitive price and a strong presentation.
The largest concentration of active inventory remained in the $500,000 to $749,999 range, with 738 homes available during June. This range also produced the highest number of new listings, pending contracts, and completed sales.
Inventory was also substantial at higher price points. There were 376 active listings between $750,000 and $999,999, and 353 listings priced between $1 million and $1,999,999. Active inventory in the $1 million to $1,999,999 range increased 26.1% from June 2025, giving luxury buyers considerably more selection than they had one year ago.
Pricing Trends
The median active list price was $585,000 in June, unchanged from June 2025. The average active list price increased 5.1%, rising from $786,254 to $826,644.
The difference between the average and median list prices reflects the influence of higher-priced properties on the market. Although the typical active listing price remained stable, additional luxury inventory helped raise the overall average.
Closed-sale prices declined when comparing June with the same month last year. The median sale price was $515,915, down 2.8% from $530,638 in June 2025. The average sale price decreased 6.2%, falling from $663,073 to $622,000.
The year-to-date figures tell a slightly different story. The median sale price for the first half of 2026 was $515,000, up 2.7% from $501,250 during the same period in 2025. The year-to-date average sale price increased 3.3% to $631,884.
These figures suggest that monthly pricing can fluctuate depending on the types and price ranges of homes sold. While June prices came in below last year’s monthly levels, the broader year-to-date market continues to show moderate price growth.
Days on Market
Homes that sold during June moved more quickly than they did one year ago.
The average cumulative days on market, or CDOM, was 70 days, down 13.6% from 81 days in June 2025. CDOM measures the total number of days a property is marketed before it sells, including time accumulated across multiple listing periods when applicable.
The median CDOM decreased from 39 days to 36 days. This means half of the homes sold in June were on the market for 36 days or less.
Year-to-date marketing times remain somewhat longer. The average CDOM for the first six months of 2026 was 81 days, compared with 78 days last year. The year-to-date median increased from 43 days to 48 days.
The monthly improvement is encouraging for sellers, but it does not mean every home is selling quickly. Buyers continue to respond most strongly to properties that are accurately priced, well-maintained, and effectively marketed.
Sold Listings by Price Range
The $500,000 to $749,999 price range led June sales with 162 completed transactions, up 5.2% from one year ago. This range has produced 857 sales so far in 2026, accounting for nearly one-third of all residential sales during the first half of the year.
Other active portions of the market included:
- 61 sales between $350,000 and $399,999
- 55 sales between $450,000 and $499,999
- 51 sales between $750,000 and $999,999
- 43 sales between $1 million and $1,999,999
Sales between $450,000 and $499,999 increased 37.5% from June 2025. The $1 million to $1,999,999 range also performed well, with monthly sales rising 13.2% and year-to-date sales increasing 17%.
These numbers show that buyer activity remains spread across several price ranges, although the strongest concentration continues to be between $500,000 and $749,999.
Pending Listings by Price Range
Pending contracts provide insight into the homes that may close during the coming weeks.
The $500,000 to $749,999 range recorded 174 pending listings in June, up 20% from the same month last year. Pending activity between $750,000 and $999,999 rose 32.7%, while pending listings between $1 million and $1,999,999 increased 25%.
The $450,000 to $499,999 range also showed considerable strength, with 52 pending listings, a 40.5% year-over-year increase.
Overall pending activity increased across many of the market’s most active price ranges. This suggests that buyers remain engaged despite having more homes to choose from.
Active Listings by Price Range
The increase in active inventory creates different conditions across price points.
In the $500,000 to $749,999 range, buyers could choose from 738 active listings, up 2.5% from June 2025. Inventory between $750,000 and $999,999 increased 11.2% to 376 homes.
The $1 million to $1,999,999 range experienced one of the largest meaningful increases, climbing from 280 active listings last June to 353 this year. Inventory also rose by 22.2% in the $400,000 to $449,999 range and by 17.6% in the $250,000 to $299,999 range.
Sellers should evaluate the competition within their specific price range rather than relying only on overall market trends. A property may face very different conditions depending on its location, condition, features, and asking price.
What Does This Mean For Buyers In St George Utah?
Buyers are entering a market with more inventory and greater negotiating room than they had one year ago. The increase in active listings creates more opportunities to compare homes without feeling pressured to pursue the first acceptable option.
However, the 20.8% increase in pending listings shows that desirable homes are still attracting buyers. A well-priced property in good condition may receive attention quickly, even in a market with growing inventory.
Buyers should be financially prepared before beginning their search and evaluate each home based on recent comparable sales, condition, neighborhood demand, and time on the market. Properties that have been on the market longer may offer opportunities to negotiate the price, closing costs, repairs, or other terms.
What Does This Mean For Sellers?
Sellers continue to benefit from steady buyer activity, rising pending contracts, and shorter June marketing times. At the same time, the 10.1% increase in active inventory means buyers have more alternatives.
Pricing above the market to leave room for negotiation may cause a home to sit while buyers choose competing properties. The strongest strategy is to use recent local sales and current competing listings to establish a realistic asking price from the beginning.
Presentation also matters. Professional marketing, high-quality photography, thoughtful preparation, and convenient access for showings can help a home stand out. Sellers should also be prepared to carefully consider buyer requests, especially when competing listings offer similar features or value.
Conclusion
The June 2026 St. George residential market combined rising inventory with encouraging sales and pending activity. Buyers gained additional choices, while sellers benefited from shorter monthly marketing times and continued demand across several price ranges. Success in this market depends on understanding the conditions surrounding each property and making decisions based on current local data.
Whether you are planning to buy, sell, or evaluate your real estate options, personalized guidance can help you move forward with greater confidence. Contact me today to review your goals, understand the market in your preferred neighborhood and price range, and create a real estate strategy based on the latest St. George market conditions.
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 $585,000 or less.