While we nearing the end of 2012 and getting ready for our Christmas celebrations what has been occurring in the Elk Grove real estate market? Here is the latest on the Elk Grove real estate market for the week of December 10th through 
December 16th -
30 new SOLD and closed listings in the 3 zip codes of Elk Grove (95624, 95757 and 95758) with the median sales price being $249,222 and the average days on the market being 20 days. The median sales price keeps creeping up week after week in Elk Grove! Good news for Elk Grove home sellers!
34 new listings hit the market in Elk Grove CA last week. Of these 34 new listings, only 8 or approximately 25% are Elk Grove short sale homes. The distressed property market is becoming a smaller portion of our market it seems each month. We are seeing more homeowners who have equity in their homes realizing now is the time to sell their home! The highest price home to hit the market in Elk Grove this week is an Equestrian Center on Bradley Ranch Road at $1,495,000! While the lowest priced home to hit the market this week in Elk Grove is a 2 bedroom condo on Emerald Park for $69,900.
And 50 listings went pending with the median price being $231,031 and the average days on the market being 36days!
If you have been thinking about selling your Elk Grove home, contact us now at (916) 405-5737 while inventory is low! Get your home value online now!
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