It’s All Good News, Sacramento Home Sales Are On The Rise
Median Sale Price for Homes In Sacramento
SACRAMENTO COUNTY HOME SALES:
It took an average of 31 days to sell a home last month.
It took 6 less days to sell last month that the previous month.
It took 11 less days to sell this April compared to last April.
Sales volume is down slightly from last year by 3%.
There is only 1.3 months of housing supply in Sacramento County.
Housing inventory is 15% lower than it was last year at the same time.
The median price increased by 1% last month.
The median price is 10% higher than the same time last year.
The avg price per sq ft increased by 2.8% last month.
The avg price per sq ft is 8.8% higher than the same time last year.
PLACER COUNTY HOME SALES:
It took 6 more days to sell a house last month than November, but it was taking 5 days longer to sell at the same time last year.
Sales volume was 1% higher this December compared to last December.
Sales volume was 13% higher in 2015 compared to 2014.
Housing inventory is 16% lower than the same time last year.
Cash sales were only 15% of all sales in 2015.
The average price per sq ft, median price, and average sales price showed a slight seasonal dip over the past few months.
The avg price per sq ft is 3.6% higher than last year at the same time.
The median price is 2% higher than it was last year at the same time.
REO sales were 1.8% of all sales last month.
Short sales were only 3% of all sales last month in the region.