Archive for January, 2009

Home-ownership seminar

Friday, January 23rd, 2009

I will be hosting (along with three other local business partners) a home-ownership seminar on Wednesday, January 28th at 6:00pm.  This event will be fun and informative.  Come enjoy some refreshments during our one hour presentation at the Pence Gallery in downtown Davis.  All are welcome!  Please RSVP at my voice mail number (530) 750-7552 or my e-mail address… Andrew@DavisCalifornia.com.  For more information call me at (530) 902-3999 or visit www.MyDavisTeam.com

Decline in the median sales prices likely in Davis (Jan ’09 vs. Dec ’08)

Wednesday, January 14th, 2009

I have completed a market analysis for the last 45 days (see cma_2009-01-14_1414.pdf)

This shows all the sales (closed escrows) in the last 45 days in Davis as well as all the properties that are pending sale (sales price is not yet known to the public).

The average sales price per square foot during this period was $286.84.

 What most jumps out at me in reviewing this is the drop in the median prices when comparing the sold properties to those pending sale.  It looks as if fewer high priced homes are selling.  This , however, may not necessarily be the case when we later compare the month of January to the month of December.  With January’ statistics not finalized, we know a few sales can change things dramatically.

 Please comment on any of my blog postings… and, as always, feel free to contact me anytime andrew@DavisCalifornia.com or 530-902-3999