Sacramento County Real Estate Update July-August 2012

Doug Reynolds, Sacramento Area Realtor, discusses the latest market trends/statistics.  The home supply/inventory remained at all-time record low.  The sales stayed high with high buyer demand and competition.  Multiple offers remain common with many properties selling at or above list price.  Due to the high demand and low supply, the median price increased again.  Prices bottomed out in January 2012 and have been increasing since.  Call or Email Doug if you need any assistance with selling or buying in the Sacramento area.