Data Reports - Davis (Data Updated Each Quarter)
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Reports Now Updated through First Quarter 2010
There are several market data reports located to the right hand side of this page for Davis County.
Market Snapshot
This report provides a quick market overview of real estate transaction activity within Davis County. It includes listing data, absorption rate analysis by price range as well as a year over year comparison. This report provides a very quick and easy visual as to what activity levels are like in Davis County.
Avg Price & Units
This report provides annual data calculations for both average sale prices and units sold, not only for Davis County but also for the major geographic areas within the county.
Avg Price by Qtr
This report breaks down the average sale prices for each of the major geographic areas within the county by calendar quarter. This provides a glimpse into the variations in price points which can occur due to seasonality eliminating some of the distortion created by comparing dissimilar time periods (which is done frequently in the media).
Unit Sales by Qtr
This
report highlights the unit sale counts for each of the major
geographic areas within the county by calendar quarter. This provides
a more detailed look into not only the seasonal variations in activity, but also can begin to identify trend lines in terms of overall market activity. It can be a better gauge of subtle shifts in the "demand side" of the market.
Monthly Sales
This graph illustrates the unit sale activity by month for the past six years in Davis County. Understanding that monthly sales can fluctuate significantly due to simple administrative issues like delayed closings , this report illustrates some simple trend line data to compare year over year activity.
Just like stocks and mutual funds, it is important to note past real estate market activity does not guarantee future trends. It is also very important to remember one of the the basic tenets of this business that all real estate is local (this corresponds to the "location, location, location" precept we all know).
Most of the reports you will review are of relatively large geographic areas, in spite of the multiple breakdowns within a county. Even so, there can be significant differences in housing stock, price points, and inventory absorption rates from one sub-division to the next. Understanding this and relating it to your own situation, it is important to drill down further to garner details specific to a particular neighborhood.
If you would like more detailed information for a specific location or area, please feel free to contact me with your request. I can generally get customized data reports prepared in less than two business days. To request a customized report, simply click here.
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