Davis and Weber County Market Update (2025)
As I write this, it is the week before spring break 2025. The days are getting longer in Utah, but I’m not seeing daffodils yet (shocker). The one thing that IS popping up are new listings!
Let’s chat about what’s going on in the real estate world in Utah this spring of 2025—and why it might be a great time to make your move if you’ve been waiting in the sidelines (or at least start planning for one).
1. There Are More Homes for Sale (Finally!)
If you’ve been house hunting in recent years, you know the choices have been slim. But good news! Inventory is starting to bounce back. In fact, across Utah, 5,176 homes were listed in March 2025—up from 4,491 this time last year. That’s a pretty solid jump.
Here in our area:
Davis County listings are up 50.7% from 2024
Weber County listing are up 58.5% from 2024
🎉 That’s a lot more options than we’ve seen in a while!
Buyers: This means you can be a little pickier. You don’t have to settle for the first house you see (unless it’s the one, of course).
Sellers: More listings also mean you’ll have an easier time finding your next place. And since inventory is still lower than it was pre-2020, there’s still healthy demand for well-priced homes.
2. Home Prices Are Still Rising—Just Not as Fast
Remember when home prices were jumping like crazy? That’s cooled off a bit. Prices are still going up, but at a slower, more manageable pace. Think of it like cruise control instead of pedal-to-the-metal.
Freddie Mac recently said:
“In 2025, we expect the pace of house price appreciation to moderate from the levels seen in 2024, while still maintaining a positive trajectory.” (source: freddiemac.com)
In plain English? Homes are still going up in value, just not at lightning speed.
We did have a slight correction in 2023, but things are looking up again with appreciation seen again in 2024.
Buyers: This gives you a little breathing room. You’re not racing against skyrocketing prices, and you can feel good knowing your investment will likely grow over time.
Sellers: It’s still a good time to sell, but pricing your home right is key. Overpricing could mean your home sits longer than you’d like.
3. Mortgage Rates Are (Somewhat) Behaving
Let’s talk about the elephant in the room—mortgage rates. They’ve been a bit of a rollercoaster the past couple of years, but lately, they’ve started to level out. They’re not super low, but they’re not spiking every other week either.
This stability is giving buyers more confidence.
Buyers: A more predictable rate means you can plan your budget without as many surprises.
Sellers: Lower, steadier rates = more buyers jumping back into the market. That’s good news for you!
While no one has a crystal ball, rates are expected to continue in the mid to high 6’s for the rest of 2025. We’ll see if they get it right this time!
4. Buyers Are Coming Back
With more homes to choose from, slower price growth, and steadier mortgage rates, buyers are starting to reappear. According to the Mortgage Bankers Association, mortgage applications are up compared to earlier this year.
Buyers: If you’re thinking about buying, now’s a great time to start looking—before the summer rush hits.
Sellers: More buyers = more interest in your home. And possibly more offers to choose from.
So, What Should You Do?
If you’ve been on the fence about buying or selling, this spring might be your sweet spot. The market is more balanced than it’s been in a while, which means you can make a move without feeling rushed or overwhelmed.
And here’s the thing—you don’t need to control the whole market (because, let’s be honest, none of us can). But you can take charge of the things within your reach.
Whether you’re buying or selling, it’s always a good time to:
Keep an eye on your spending
Work on reducing debt
Watch your credit score
Be intentional about your expenses
Those little steps add up—and they put you in a much stronger position when the time comes to make your move.
How I can Help
Still not sure what this market means for you personally? Let’s chat! I’d love to help you sort through the options and figure out the next right step—no pressure, just a real conversation.
📩 Send me a message with the words “home value” and I will add you to my list of VIPs to whom I send yearly home value reports via email. I do these once a year (right around July). Whether or not you are selling it’s always a great idea to know the value of your home!
Until next time,
Janice
