September closings
Attached are the sales within Davis for the month of September, 2009… sept-2009-cma.PDF
As you can see, the average price per square foot for these closings was $312.36. That’s up from last month AND up from last year (all closings in Davis within September of 2008; the average price per square foot that month was $309.50). It appears as though Davis prices are relatively stable. The primary concern for Davis sellers is that there is simply less activity. Compared to last year, there were 28% fewer September sales (FYI… if a broker is late reporting a sale (or two), then that figure could drop to 25% (or 23%).
Call or e-mail me with questions.
Andrew andrew@DavisCalifornia.com