Prices Slip While Sales Volume Tumbles: Davis CA Residential Real Estate Stats – 1st 6 months.

Most glaring statistic has to be the number of transactions comparing 200o with 2009, down from a whopping 414 sales in the first 6 months of the year to a paultry 149, a precipitous decline of 64%. Average prices for the first 6 months are back to roughly 2004 levels, at approximately $500,000, after  peaking at $607,423 in 2006. It’s a modest decline of 18% when compared to many neighboring communities where prices have collapsed in excess of 60%. Stats are from the Metrolist MLS database. Want more stats? Contact Joe at 530-304-5978 or joe@liveindavis.com.

                            January 1st  through June 30th

                        # of Closed Sales          Average Sold Price         

2009                         149                                $495,416

2008                          202                               $529,590

2007                         300                               $568,668

2006                         256                                $607,423

2005                         320                                $583,459

2004                         391                                 $510,504

2003                          379                               $426,663

2002                         331                                 $386,645

2001                          346                                $305,773

2000                         414                                 $257,604

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