Bright Spots In Sacramento Real Estate Market

A review at the February numbers for the four county Sacramento area real estate market is encouraging but I have reservations about being overly optimistic. The Sacramento Bee article, Home Prices Increase in County, points out, After five straight months of falling sales prices for Sacramento County homes, values edged up slightly in February, signaling a potential rebound for the regions most populated county. DataQuick, the research firm that follows mcallen realty and reports is estate numbers, indicated all four counties, Sacramento, Placer, El Dorado and Yolo, all saw increases in the median price for sold homes during February.The sales volume was also up slightly from January to , homes sold in the area.

Although the dpi is up from January it remains lower than February in. Inventory of homes from the market continued to grow. At the end of January there were , homes on the. The number effortlessly February increased to , . A year ago had been only , homes select. The average number of days of the market for homes available in February was days whenever compared with last year when it took an ordinary of days to put up for sale. In some of location areas, where I happen to working recently, the median price increases from lately were the majority of positive. El Dorado Hills median price in February increased to , , up however.

from during 2009 but down from Jan .. In Rocklin, zip codes and we got price appreciation of . and . respectively from last year and both areas were up from last month in regards to price and volume.