Home Prices and Trends in the Sacramento Metropolitan Area for October 2015
Real estate market data for the Sacramento Metropolitan Area provided by David Vandermyden of Pacific Coast Group Real Estate, Keller Williams.
Sacramento Metropolitan Area Home Prices and Trends for October 2015
Sacramento Metropolitan home prices have experienced a slight 0.5% decrease for October. The number of sold homes also decreased by 9.8% from our previous report. The average days went up by a single day, from 41 to 42 days, while inventory rose by 0.1. Both inventory and average days continue to be within the lowest range we've experienced for the last 15 months. The Sacramento Metropolitan area is still in a seller's market trend. Potential home sellers should grab the market opportunity while it lasts. If you are planning to sell, pricing your home within market value will help attract more buyers. If you are interested in selling, we can help you find out what your home is worth. We also have some of the best agents who are experts in the Sacramento Metro area to help you sell your property quickly and to the perfect buyers.
Home buyers looking at the Sacramento Metropolitan area can take advantage of the recent price decrease. Home prices have also been stable since April of this year. The number of homes in the market may have decreased in October, but there are still more than 4600 homes available for interested buyers. The perfect home that fits your budget and needs is just right there, waiting for you and your agent to zero in on it. Our page is a great place to look into if you are interested in the current home inventory in the Sacramento Metro market.
Sacramento Metropolitan Area Trends
Sacramento Metropolitan Area Real Estate Report Summary
The average list price in October for single family homes in Sacramento Metropolitan is $495,000.
The list price decreased by 0.8% from the previous month.
The price per square foot for listings in the area is $192.
The average sales price in October for single family homes is $361,000.
The sales price increased by 7.8% from October 2014.
The number of months of inventory is 2.2 months and is a 15.1% decrease from October 2014.
Find Homes for Sale in the Sacramento Metropolitan area CA
Visit my website to search for homes in the Sacramento Metropolitan area or to be notified when Sacramento Metro homes come on the market.
Click on the link to find out what you home is worth in the current market.
Got any questions? You can email me or call (916) 787-1200.
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