Homes for Sale in Holladay, Utah

Holladay’s real‑estate market remains one of the priciest in Utah, with a median closed price of $820,000—about 61 % higher than the state median. However, the market is showing clear signs of cooling: prices dropped 41.5 % from the previous month, and the median price for single‑family homes slipped 2.7 % YoY. Despite the price correction, buyer demand stays robust, as reflected by a 97.8 % sale‑to‑list ratio and a typical 79‑day time on market, matching the state average. Inventory is modest, especially for single‑family homes (36 active listings, 12 under contract), while townhomes and condos have a larger pool (39 active, 25 under contract) and are experiencing a sharper price decline (‑30 % YoY). On the macro side, mortgage rates have begun to climb again, reaching 6.42 % for the 30‑year loan in April after a brief dip to 6.06 % in February, and the 30‑day trend is upward. Unemployment remains stable (U.S. 4.4 %, Utah 3.6 %) and consumer sentiment has held steady around 56, suggesting the broader economy is not driving the price pull‑back. Local news underscores Holladay’s strong community vibe—Olympic athletes will parade downtown, volunteers are protecting the 910 Cattle Ranch watershed, and residents enjoy winter recreation despite a warm spell that cancelled a ski race. These factors keep the city attractive to buyers seeking a high‑quality lifestyle, even as price growth moderates.