Good morning, friends! 🏡🐝

Welcome to another Saturday edition of Home Sweet Buzz!

Fall is officially here, and while the temperatures are starting to cool down, the Davis County housing market is giving us plenty to talk about.

This week, Todd and Tammy are breaking down a number that caught our attention — more homes are competing for fewer buyers — and showing us where sellers may actually be giving up the most money. Plus, we have a great reader question about whether a $15,000 buyer concession on a full-price offer is really a bad deal.

Grab something warm, get comfy, and let’s see what’s happening in our local market. 🏡🍂

🏡 HOME SWEET BUZZ is proudly presented in partnership with Todd Porter & Tammy Swain | SURE Synergy United Real Estate Group

🏡 The Most Crowded Shelf of the Year

Davis County buyers have more homes to choose from right now — and that’s making the starting price more important than ever.

There are currently 1,081 homes for sale across Davis County, compared with just 341 under contract. That works out to about 3.17 homes for sale for every one under contract, the highest ratio we’ve tracked this year.

And Bountiful stands out even more.

Right now, 118 Bountiful homes are for sale and only 19 are under contract. Three weeks ago, there were 28 pending. Bountiful listings are also averaging price reductions of about 4.28% from their original asking price, the largest cuts in the county.

But here’s the number sellers should really pay attention to:

Of the 61 Davis County homes that have closed so far this month, the average sale was 98.4% of the final asking price — but only 95.7% of the original asking price.

On the average home, roughly $16,900 was lost through price reductions before an offer arrived, compared with about $10,000 negotiated after the buyer showed up.

In other words, more money was given up waiting for the right buyer than negotiating with one.

The good news? Homes that come to market well-prepared and well-priced are still performing. Recent closings in North Salt Lake came in just above their original asking prices, while Syracuse averaged 99.7%.

The takeaway isn’t that homes aren’t selling. It’s that with more competition, sellers have less room to “try a price and see what happens.”

Todd’s advice: Know what you’re competing against, prepare the home before it hits the market, and price it correctly from day one. In this market, avoiding weeks of price reductions may protect more of your equity than negotiating hard once an offer finally arrives.

📲 Want to know where your home would sit on today’s “shelf”? Text Todd at 801-755-1882 for a no-pressure equity check.

If for any reason, property tax concerns, estate planning, wealth evaluation, you are wondering what the present value of your home; scan this QR code or go to https://sureut.com/epicreport and we will promptly provide you with our detailed professionally engineered EPIC Report:

💬 Jenna from North Salt Lake Asked:

“We finally got a full-price offer on our house at $580,000, but the buyer wants $15,000 toward closing costs and a rate buydown. My brother-in-law says that’s basically a price cut. Is that a bad deal?”

👉 Todd and Tammy answer:

Your brother-in-law is right about one thing: seller concessions are still money coming out of your proceeds, so it’s smart to look at the net rather than just celebrate a full-price offer.

But the math may make this offer look quite a bit better.

A $15,000 concession on $580,000 is about 2.6%, leaving you with roughly 97.4% of your asking price before other selling expenses.

For comparison, the recent Davis County data showed homes closing at about 95.7% of their original list price. On a $580,000 home, that would be roughly $555,000. Your offer, after the $15,000 concession, is closer to $565,000.

And there’s another reason buyers may prefer a concession: using that money toward closing costs or a rate buydown can sometimes help their monthly payment more than simply lowering the purchase price.

Before accepting, make sure the concession works with the buyer’s loan and that the home is likely to appraise at the contract price. You can also negotiate terms instead of dollars — such as a shorter inspection period, firmer closing date, or fewer contingencies.

Bottom line: Don’t judge an offer by the concession alone. Look at what you actually net and what you’re getting in return.

Got a Real Estate question?
👉 Submit a question for next week’s edition 
Call us at 801-755-1882, and let’s build your
custom plan to win in this market.

🏡 This Week’s listings & Open Houses
in Davis County

🏘️Your Weekend Open-House Report

Scan or click the QR Code below for a complete list of
open houses happening around Davis County.
👇👇👇👇 

🔑 ATTENTION REALTORS!!!

🏡 Want Your Listing or Open House Listed Here?

We welcome submissions from ALL local real estate professionals!
👉 👉 Submit your listing here - (Listing must be located within Davis County)

“Pulling Your House Off the Market Until Spring?
Watch This First.”

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📱Call/Text: 801-755-1882
📧 Email: [email protected]