Davis CA Real Estate Blog

The Davis, California real estate market has always had a seasonal component in that sales increase in the spring until late summer and then they tail off until the following spring. The weather and the University school year are two factors that contribute to this cycle. This years financial stimulus tax credits and low interest rates are two other factors. To see a three year graph that illustrates the cyclical nature of the Davis real estate market, check out my Davis real estate market page.

It's no surprise then that sales in April 2010 are up. The good news is that April 2010 is much better than April 2009.

To summarize the graph below, the number of homes sold in April 2010 is 25% higher than the year before, while the median price of homes sold is up 8% from last year.

In addition, homes are selling faster than they did last April.

Best of all, the average price per square foot is holding firm. While other markets have picked up, because home values have dropped, the Davis market has been able to hold onto value better than most. The average price per square foot for homes sold is nearly the same as it was last year at this time.

Good news on all fronts !

The graph below provides the details;




If you are thinking of selling your Davis home, it is wise to get in front of the wave of buyers that appears in the spring and then goes away in August. More buyers means more people interested in seeing and buying your home. This translates into a faster sale and a higher price for you. Don't wait until fall when the market slows down. Call me today to find out how much your home is worth in todays market. I'll be happy to meet with you, provide you a free Comparative Market Analysis of your home, and also give you some tips on how to prepare your home for sale to get the most for it. Call me today at 530-219-SOLD.