Longer days, more property transfers…

As the weather heats up, we’re seeing more Davis homes selling.  There are currently 68 properties in escrow per the latest attached “sales report” march-cma-report.pdf.  Within the month of March, 37 homes sold  and those homes sold for an average of $252.76 per square foot.  That’s 2.1% higher than last month and 3.7% lower than last March (2011).

If you look at the current pending sales… I haven’t done the math to combine the two categories (“Pending” and “pending bring backup”) and haven’t determined which of the properties currently pending sale will be closing this month, but I would estimate that April’s closed escrows will show an average price per square foot within $2.50 of March’s figure (less than 1% difference).

Call or email me with questions… Andrew@DavisCalifornia.com

Andrew 530-902-3999

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