$8,906 Closing Credit*
$750,000
4,050 SqFt
5 Beds
•2 Full Baths
Listing Office: Prime Realty
Is Davies, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Davies was a Seller's Market.
Key Takeaway
Davies is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Davies, ND
How much do homes in Davies, ND cost?
Median Sold Price
$400,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$50,000(-11.1%)
Key Takeaway
Homes in Davies have sold for 11.1% less than they did a year ago.
Summary: The median home sold price in Davies was $400,000 in November 2024, down 11.1% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $432.5K | $417K | -3.6% |
| 3 Bedrooms | $344.6K | $360K | +4.5% |
| 4 Bedrooms | $405K | $397.4K | -1.9% |
| 5+ Bedrooms | $631.9K | $594.9K | -5.9% |
Summary: Davies housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Bennett | $260K | $295K | +13.5% |
| Maple Valley | $364.7K | $375K | +2.8% |
| Davies | $450K | $400K | -11.1% |
Housing Supply in Davies, ND
How many homes are available in Davies, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 64 | -14.7% |
Summary: The Davies real estate market had 64 homes for sale in November 2024, a 14.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 24 | 18 | -25.0% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 28 | 23 | -17.9% |
Summary: The Davies housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 17.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Davies, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Davies in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Davies, ND
How long does it take to sell a home in Davies, ND?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Davies has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Davies; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
