Home Prices and Trends in the Sacramento Metropolitan Area for November 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 November 2015
Sacramento Metropolitan home prices have remained stable this month. The number of sold homes continues to decline, and there has been a 24.5% decrease from October to November. Average days on the market started rising and was at 45 days in November. Inventory also rose to 2.3 months during the same period. Despite the recent figures, 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 average market price stability. As we've noted in our previous reports, home prices have been stable since April. The number of available homes have decreased by 17.1% recently, but there are still over four thousand homes in the Sacramento metro market. 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 November for single family homes in Sacramento Metropolitan is $508,000.
The list price increased by 2.6% from the previous month.
The price per square foot for listings in the area is $194.
The average sales price in November for single family homes is $366,000.
The sales price increased by 7.7% from November 2014.
The number of months of inventory is 2.3 months and is a 20.6% decrease from November 2014.
Find Homes for Sale in the Sacramento Metropolitan area CA
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