The stats are out and Sacramento County and City of West Sacramento home sales increased 45% in March as compared to February. March is typically the turning point for stonger sales. A recap of the stats are below.
- Breakdown of Market -48.1% REO (foreclosures), 22.2% Short Sales, 29.7% Conventional Sales (Equity Sales)
- Median Sales Price-decreased 1.8% from 169,000 to 166,000
- Range- The 200,000 to 249,999 price range accounts for 16.5 % of sales, homes under $100,000 were 17.8% of sales
- Days on Market-the median amount of days on market was 49
- Condos-sales increased 25.2%, median price increased 1.3% from $79,000 to $80,000
see full statistics March Stats
For any and all real estate needs, please contact us at 916-779-6706 or jenica@jenicawilliams.com. We are always happy to serve our buyers and sellers!
