The Loomis Market Report was prepared by Leilani Souza.
What is the real estate market like in Loomis, California? According to market data from February 2019, Loomis has 1.8 months of inventory. This means that it is a Seller's Market in Loomis, CA. Last month, there were:
- 27 homes for sale in Loomis, CA
- 15 homes sold in Loomis, CA
- 9 homes pending in Loomis, CA
The number of properties for sale divided by the number of properties sold equals the months of inventory. It is a Neutral Market when there are 3-6 months worth of inventory. A Buyer’s Market is when the current inventory exceeds 6 months. When there is less than 3 months of inventory, it is a Seller’s Market.
Read the full blog post, complete with charts, home prices and more: