Penryn, CA - Market Report (February 2019)

By
Real Estate Broker/Owner with Souza Realty 916.408.5500 California DRE #01262541

The Penryn Market Report was prepared by Leilani Souza.

What is the real estate market like in Penryn, California? According to market data from February 2019, Penryn has 3 months of inventory. This means that it is a Neutral Market in Penryn, CA. It's a good sign of a stable real estate market. Last month, there were:

  • 12 homes for sale in Penryn, CA
  • 4 homes sold in Penryn, CA
  • 3 homes pending in Penryn, 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:

http://souzarealty.com/2019/03/07/penryn-market-report-february-2019/

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BOB & LEILANI SOUZA

Souza Realty, Bob & Leilani Souza - Real Estate Investment Specialists in Southwest Placer County, CA

Bob Souza - 925.513.3400 - bob@souzarealty.com

Leilani Souza - 916.408.5500 - leilani@souzarealty.com

Souza Realty - Real Estate in Roseville, Rocklin, Lincoln, Loomis and Granite Bay, CA

HOMES : CONDOS : LOTS & LAND : INVESTMENTS : RENTALS

Roseville : Rocklin : Granite Bay : Loomis
Penryn : Newcastle : Lincoln : Auburn
 

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Copyright © 2002-2019 Souza Realty | All Rights Reserved | DRE #01262541

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