Davis CA real estate stats – through April 30th

Per MLS, here are the latest stats for Davis residential homes sold comparing 2007 and 2008, YTD, April 30th. Most striking is the transaction volume, down 51%.  Average prices have only slipped 4% in Davis. Elsewhere in Yolo County (Woodland, West Sac, etc) and in many other communities in the Sacramento area, year-over-year price declines are much more.

                                              2007               2008

Homes sold                             152                75               -51%

Median Price                      $522,000      $458,000      -12%

Average Price                     $559,863      $535,884        -4%

Days on Market (DOM)           69                 71                 +3%