Stats for Placer County, CA
September August % Change 2007 % Change
New listings published 678 718 -5.6% c 744 -8.9% (This is good news, inventory is dropping)
Listing inventory 2,466 2,527 -2.4% 2,923 -15.6% (Very good news last month was not a fluke)
New Escrows 292 354 -17.5% c 205 +42.4%
Closed Escrows 424 422 +.5% 221 UP an incredible +91.9%
Buyers and Investors are beginning to recognize great values and selections. They are starting to consume the inventory. Banks and motivated sellers are pricing properties right to attract picky buyers. Rates are fluctuating and credit is getting tighter but there are still good loans out there.
The price ranges that saw the most activity - $300-349 21% $250-299 17% $200-249 11.6%
Of the properties that SOLD 54.95% sold in less than 30 days another 12.74% sold in 30-60 days!
For statisics based on your neighborhood, call Cathy Sarmento 530-823-5783
or email me at Cathy@CoolRealEstate.com
To see what people are buying go to www.CoolRealEstate.com
According to the Placer County Association of Realtors & the Multiple Listing Service
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