Have you been wondering how real estate in the Sacramento region is doing?
To the left is a chart showing the single family homes sold in and around the Sacramento, CA area from January 1, 2008 through August 31, 2008
This chart does not include condos, land, multi dwelling units or business opportunities.
The trend of sold houses as seen in the chart was a steady increase from January 2008 until July 2008 with August home sales down 201 houses sold the previous month in July. The chart below shows the number of homes sold in the Sacramento region along with the average sold price for each month. Although, the number of sold houses in August was down from July, the average sold price of a house was up by $5,506.
If you are thinking of relocating to the Sacramento California area, check out what homes are typically selling for in each of the neighborhoods.
If you would like to know what your neighborhood real estate trends show for the month of August 2008 with homes for sale, homes in pending sale (received offers) and sold homes, simply click Sacramento neighborhood real estate market report for August 2008.
Please remember, that each neighborhood within a one square mile radius of you house will have its own real estate market trend of homes sold, average prices and homes for sale. The chart is an overview of each zip code not necessarily a specific neighborhood.
In August 2008, the Sacramento area had 1,073 homes for sale for the month and by the end of August 1,862 homes sold for an average price of $240,541. It took an average of 51 days to sell these homes for sale and the average square footage of homes sold in Sacramento for August 2008 was 1,697.
Data Quick reported 3,677 detached homes and condos sold in August in Sacramento. This figure represented 50 sales drop from July. Home prices in Sacramento County were 32.7% down over last year. However, the overall home sales were up 41.6% in August for the area.
From January 2008 through August 2008 in the Sacramento County area 11, 942 single family homes have sold.
You are welcome to visit the Sacramento County Real Estate Market Stats and check each month for the city you live in or are thinking of relocating to for the current monthly report of homes for sale and homes sold.
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Sacramento MLS where you can pick any community or city around Sacramento and see homes for sale.or simply click on the search icon and pick the area you are interested in finding a home or condo for sale in .
Other Real Estate Market Sales Reports:
Sacramento Real Estate Market Report for June 2008
The Outlook for Sacramento Real Estate is on the Upswing
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