Davis, California Housing Market Report November 2022
Table of Content
Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices.
Search results are sorted by a combination of factors to give you a set of choices in response to your search criteria. “Preferred” listings, or those with featured website buttons, indicate YP advertisers who directly provide information about their businesses to help consumers make more informed buying decisions. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America. In November 2022, Davis home prices were down 2.7% compared to last year, selling for a median price of $734K. On average, homes in Davis sell after 26 days on the market compared to 12 days last year.
Nearby City Listings
Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit.
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Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Appreciation rates for homes in Davis have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 82.82%, which ranks in the top 40% nationwide. This equates to an annual average Davis house appreciation rate of 6.22%. YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs.
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We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at Data displayed may be a portion of, and not a complete set of all listings published in the MLS. We have brought in an assortment of bedding collections for your unique style.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws.
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The average homes sell for about 2% below list price and go pending in around 32 days. The average homes sell for about 1% below list price and go pending in around 28 days. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included.
Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Compare the list price of different home features to see which ones will help you sell for more. Explore the most popular home trends of Fall, 2022 in Davis, CA according to home listing data on Redfin.com.
If you want to upgrade your flooring, refresh your interior, or just need some ideas for improving your home’s value, select a category and a feature to see how its popularity and value have changed over time. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Rocket Homes Real Estate LLC is committed to ensuring digital accessibility for individuals with disabilities.
Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates.
Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Davis differ in their investment potential, sometimes by a great deal. Any information relating to a property referenced on this web site comes from CRMLS.
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