There are many great Roseville and Sacramento area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (916) 529-5342 for a FREE home buying or selling consultation to answer any of your real estate questions.
Sacramento Real Estate Market Update
In the market analysis we performed, we found that the Average Sold Price was $165/square foot. However the Average Pending Market, or the homes that have just gone under contract, was $179/square foot.
The craziness of this is that at the beginning of January, we had under a three month supply of homes. Moving onto February, we had a six month supply of homes! Normally when the inventory rises and the demand remains stable, prices will fall. The opposite is taking place.
As a home seller, you need to have someone that can interpret the market and tell you the actual price of your home – not just give you a random number and watch your home sit on the market. On the other hand, if you’re a buyer looking to purchase in this market, end up paying thousands more than you should without an expert advisor. An advisor will know the absorption rate and month supply of homes to guide you through the process.
If you have any questions, please don’t hesitate to call or email me. Make it a great one!
