January 2008 Davis Residential MLS stats

Only 10 sold residential properties in Davis in January 2008.  Considering that there are roughly 200 agents who are members of the MetroList MLS in Davis, it was a rather bleak month for agents. Keep in mind that these properties represent closed escrows, not new pending sales, and so the stats best reflect the state of the December 2007 market.

January 2008

Average selling price   $549,300

Median selling price   $525,750

Average days on the market   92

Median day on the market   112

Average price per square foot   $325

Median price per square foot   $312

Let’s compare to January 2007:

Average selling price   $520,548

Median selling price   $505,000

Average days on the market   88

Median days on the market   81

Average price per square foot   $301

Median price per square foot   $332