It turned out to be a very good year for homeowners and home sellers in Elk Grove this last year. Median prices went up 30%, year over year. It is interesting to note that in the last seven months preceding December, the median price had not changed that much. It remained, on average, at $602,000. The median price took a sizable jump in December to $640,000. It looks like the spring buying season might be starting early this year. How did each zip code fair in Elk Grove last year? It has been a few … (30 comments)
95758: Early Fall Update for 95758, incuding Laguna West and Lakeside
- 09/21/11 02:12 PM
Average Home Prices 4/11 $191,000 5/11 $198,000 6/11 $189,000 7/11 $206,000 8/11 $194,000 Price per Square foot 4/11-8/11 $104 to $109 up 4.8% (4 months) 8/10-8/11 $115 to $109 down 5.2% (12 months) As you can see, our market has been down over the last 12 months, but has risen some in the last four months. We have also seen our inventory shrink from 2.8 months to 1.9 months in the last four months. Inventory has been low for the last few months, especially in the $100,000-$200,000 price range. It has made for a very competitive market for buyers. It is common to have multiple offers … (0 comments)
Elk Grove Market Update for Elk Grove
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