Envelope please…
Average Price # sales
September 2008 $490,168 38
September 2007 $560,024 36
September 2006 $567,458 55
YTD 2008, 09/30/08 $532,161 345
YTD 2007, 09/30/07 $571,964 445
YTD 2006, 09/30/06 $596,467 442
In sum, Davis average prices slipped 12.4% for the month and 7.0% YTD when compared to 2007 prices. September 2007 prices were flat (-1.3%) relative to September 2006, while 2007 YTD prices were off 4.1% when compared to 2006 YTD averages. Transaction volume in Davis has slowed considerably this year, down over 22% YTD from 2007, after flattening in 2007 vs. 2006. The above statistics are for residential sales within the city limits, per MetroList MLS.
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