Carolyn Gjerde-Tu's Blog: Davis Real Estate

Davis Housing Market Appreciation

photo Carolyn Gjerde-Tu

One question that buyers are asking  is real estate in Davis a good investment.  Here is  the year to year percentage change for Davis Residential Average Sales Price for the past 20 years.

Year                 Average Sales Price                  Percent change

1987                   $128,000                          
1988                   $154,300                           +21%
1989                   $192,200                           +25%
1990                   $234,700                           +22%
1991                   $246,600                           + 5%
1992                   $243,200                           -  2%
1993                   $205,200                           -16%
1994                  …

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Posted: 1 year ago, Comments: 0, Average Rating: Views: 439

Welcome To Davis

photo Carolyn Gjerde-Tu

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Posted: 1 year ago, Comments: 0, Average Rating: Views: 333

Why Is Davis CA Real Estate So Expensive?

photo Carolyn Gjerde-Tu

Frustrated buyers often ask why Davis is so expensive.

 

First off, how expensive is Davis real estate?  The average sales price in July, 2007 was $653,000.  Neighboring Woodland had an average sales price of $385,000 and Dixon’s average sales price was $432,000.

 

 

Here are five reasons why it is so expensive to buy a house in Davis:

 

 

  • Very little growth.  The citizens of Davis passed Measure J in 2000, requiring any new development be approved by a majority vote by a city-wide ballot measure.  This has meant that there is very little competition between resale homes and custom homes.

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  • The city is home to the University of California at Davis.  This is a college town with a world class research university.  The…
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    Posted: 1 year ago, Comments: 2, Average Rating: Views: 487
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    Carolyn Gjerde-Tu

    Carolyn Gjerde-Tu Carolyn Gjerde-Tu is a Broker Associate with Lyon Real Estate in Davis, CA. Her blog ranges from general real estate information and current market trends to community events an overview of life in and around Davis and Woodland. Read More

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