Market Trends: Davis 95616 — April 2026
Key Metrics at a Glance
| Metric | Value | Trend |
|---|---|---|
| Median Sale Price (0-3 Mo) | $747,500 | Declining |
| Median $/SF (0-3 Mo) | $462.73 | Stable |
| 12-Mo Linear $/SF Change | -10.71% | Negative |
| Months of Inventory | 1.6 | Tight supply |
| Median Days on Market | 43 | Stable |
| SP/LP Ratio | 98.6% | Strengthening |
| Sales Volume Change (Qtr) | -37.5% | Decreasing |
| Anticipated Marketing Time | 30-60 days | Active market |
Analysis
The data reveals broadly consistent movement between overall prices and per-square-foot metrics. This consistency suggests the market is moving uniformly across property size segments without significant compositional shifts in the sales mix.
On the supply side, 1.6 months of inventory reflects tight supply conditions in the market. Days on market have remained relatively stable, indicating consistent absorption patterns. The improving SP/LP ratio indicates strengthening seller positioning.
In summary, the market is best characterized as competitive with strong seller positioning. The anticipated marketing time of 30-60 days reflects current absorption rates. The negative 6-month linear trend in $/SF warrants monitoring as it may indicate continued near-term softening.
Need a Date-of-Death Appraisal?
Our market trend analyses are performed as part of every appraisal we prepare. If you need a USPAP-compliant date-of-death appraisal for the IRS step-up in basis, we provide certified desktop appraisals statewide across California — starting at $299.
Order Your Appraisal