From the graph below you can see the local foothill market of Auburn is bucking the national trend. Our sales are up in a big way! Closed sales are up a whopping 77% from last year and pending sales are up 45%, while the inventory has dropped just under 12%. If these patterns hold we will begin to see prices rise. Simple economics of supply and demand. Many price ranges and micro markets are seeing multiple offers for the most desireable properties. For home values see the next chart
| 1 month | 1 year | 15 months | |||||||
| Apr 11 | May 11 | % Change | May 10 | May 11 | % Change | Mar 10 | May 11 | % Change | |
| For Sale | 102 | 105 | 2.9%  |
119 | 105 | -11.8%  |
114 | 105 | -7.9% |
| Sold | 23 | 32 | 39.1% |
18 | 32 | 77.8% |
32 | 32 | 0% |
| Pended | 42 | 45 | 7.1% |
31 | 45 | 45.2% |
23 | 45 | 96% |
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