Last month, I was a bit surprised to see that on average Davis homes sold for above the asking price (April, 2013 closed sales). Last month homes sold for even more… Check out the sales information for the month of May, 2013… May CMA Report
In May, properties sold for an even higher average of 100.32% of the list price. Furthermore, the average number of days these 67 homes remained on the market was just 29 days (down from 40 last month and 62 days in May, 2012). Not surprisingly, prices are up too. The average price per square foot last month (May, 2013) was $288.30 (the month before was $278 and last year (May, 2012), the average price per square foot was just $250).
If you have any questions about buying, selling, and/or current market conditions, feel free to call 530-902-3999 …or… email me Andrew@DavisCalifornia.com anytime.
Andrew