Select Page
Doug Reynolds, a Sacramento Area Realtor, provides a monthly update on the market statistics.
In January , the median price increased to $445,500 compared to $440,000 in December. More importantly, the median is 15.5% higher than it was a year ago.
Currently there is 0.5 month worth of inventory. A “normal” or “balanced market” is considered around 2.5-3 months.
Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

Clear skies,

Doug Reynolds

Realtor

916-494-8441

   

Was this article helpful?

Share this post with your friends!