Davis CA Real Estate Blog

I'm providing this latest update to show that home prices, as measured by price per square foot, have held firm in Davis over the last three years. The graph below shows the price per square foot of homes sold from January 2007 to January 2010. Notice the prices started 2007 at about $300 per square foot and have remained fairly steady. Smaller homes will sell for more than this average and larger homes usually sell for less than this price per square foot. If you are wondering what your home might be worth, the $300 per square foot is a general rule of thumb as a starting point.

This next graph show the inventory for sale vs. the number of homes sold over the same three year period. Notice the cyclical nature of the Davis real estate market. Every July the number of homes sold peaks as the school year ends, rental homes become empty, and landlords put them up for sale. Also, in a University town like Davis, students and employees are moving in and out of town to other colleges and buying or selling their homeas the case may be.

If you are thinking about selling your home in Davis this year, get ahead of the curve. You can see that homes will be coming on the market in higher numbers by April, so call me today for a free market analysis of your home. I'll review with you my marketing plan for your home, have you meet with my expert on "staging" your home so it shows well, and give you an accurate assesment of what your home will sell for in todays market. I hope you are encouraged by the numbers above. Call me today at 530-219-SOLD and let's get started. - Vicki

Saturdays’ Incredible Open House


Just as I was setting up my signs for the open house in West Davis last Saturday another strong shower passed right over head.  Setting up the signs is by far the least favorite part of any Open House and setting up the signs in wet weather just makes the whole experience that much more fun… not! 

Open Houses can be and are usually a great way to spend a Saturday afternoon.  What Realtor doesn’t love talking real estate to a new audience. 

There are however those Opens that drag on with little or heaven forbid, no visitors.  Those Opens when your hoping you’ve brought a long a good book to read  or spend a few hours scanning your Blackberry for new messages.

If last Saturday’s Open House activity was any indication of the Davis market this spring, it should be a great year. 

My Open was absolutely packed; with visitors lined up at the front door waiting a turn to go in.  I assumed my traffic cop role, moving potential buyer’s up the stairs with one group and into the kitchen with the second to avoid a buyer’s jam.   Almost everyone seemed enthusiastic about the possibility of purchasing. 

I think the fact that the tax credit for new and/or move-up buyers is ending soon, combined with very low interest rates and a low inventory of homes for sale in Davis, had everything to do with this incredible turnout… over twenty five groups of people! 

If you are thinking about selling your house this year, don't wait until spring. The buyers are out there now and want to close on a home before the $8,000 tax credit goes away.  Call me today!