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Saturday, November 23, 2024

Davis home prices fall in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Davis fell by $11,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From April through June of 2017, there were three homes sold, with a median sale price of $74,500 - a 13.4% decrease over the $86,000 median sale price for the same period of the previous year. There were three homes sold in Davis in the second quarter of 2016, as well.

The median sales tax in Davis for the most recent year with available data, 2016, was $2,221, approximately 3% of the median home sale price for the second quarter of 2017.

The following table compares Davis to other Stephenson County cities in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Lake Summerset10825%$198,250$95,150108.4%
Pearl City110%$111,500$30,000271.7%
Lena1117-35.3%$100,000$99,9000.1%
Davis330%$74,500$86,000-13.4%
German Valley23-33.3%$70,500$35,50098.6%
Freeport887714.3%$69,950$57,50021.7%
Winslow110%$60,000$3,1861783.2%
Cedarville37-57.1%$45,000$75,000-40%
Rock City00-$0$0-
Dakota01-100%$0$25,900-100%
Orangeville03-100%$0$97,000-100%

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