Andrew Dowling

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

As we approach June, the real estate market here in Davis is showing no signs of slowing down.

Here are the latest statistics… CMA report April

As you can see, the average price per square foot in Davis last month was $278.  That’s a 4.5% rise over last month (3/2013) and 10.4% higher than last April (4/2012).

Also, homes sold for more than the asking price (on average) last month… 100.02%.

Considering homes sold for 100.02% of the list price, it appears that the properties that are “pending sale” and slated to close during the month of May, 2013 will easily close for an average price per square foot that is higher than the $278 figure.

If you would like a comprehensive market analysis, would like to see any homes, or would like to discuss placing your home on the market, call me at (530) 902-3999.

Andrew

Email: andrew@DavisCalifornia.com

Happy Spring!  I hope everyone had an enjoyable Easter and/or spring break.

I’ve just reviewed the property sales within Davis in the month of March, 2013 as well as the the current “pending sales”.

CMA Report March 2013

There are 92 properties currently “pending sale”.  Last year at this time (2012), there were 68 properties pending, and the year before that (2011), there were 45 properties pending in early April.

Of the properties that closed escrow in March, there were 32 and they closed at an average price per square foot of $266.27.  This is down from last month, but up from last year.  The average number of days that these sold properties remained on the market is slightly lower than last month (65 from 70) and slightly higher than last last March (60).

Andrew

CMA report Feb 2013

There were 26 sales in Davis last month.   That’s significantly more than last year and 2 more than last month.  The average price per square foot for the 26 properties that recently sold was a relatively high $281.78.

There are still very few homes on the market so… if you’re on the fence about selling your home, now could be a good time to place your home on the market.

If you have any questions or would like to know what your home might sell for in today’s real estate market, let me know. 

Andrew (530) 902-3999 or andrew@DavisCalifornia.com

Here are the Davis real estate sales within the month of December, 2012… dec-cma-report.pdf

There were 29 properties that sold last month and those 29 properties sold for an average price per square foot of $260.58.  The $260.58 figure is 5.6% lower than the last month (November, 2012), 13.9% higher than last year (December, 2011), and almost exactly the same (within 1%) of the average selling price per square foot of all Davis properties sold within the last six months.

Questions? Comments?  I’d love to hear from you.

Andrew (530) 902-3999 or andrew@DavisCalifornia.com