Median Price in Sacramento Region
Kids are back in school and the market for the past 3 months have been FLAT! Ryan Lundquist has an interesting data set you should read to see what the appraisers are seeing in our market place and also what our buyers and sellers are seeing too.
Prices are flat, inventory is up, average days to sell is up to 40 days, sales are down compared to last year but only because there’s a big gap on last year’s cash sales vs this year’s cash sales.
Data is showing that we’re in a normalizing market after all is said and done and hopefully a good sign for our business.
價格一直持平在薩克拉門托地區3個月：價格持平，庫存上升，平均日銷售達40天，銷量下降與去年同期相比，但僅僅是因為有去年的現金銷售比今年的現貨銷售有很大的差距。
1) Prices have been flat for three months in the Sacramento Region:
The median price has been the same for three months in the Sacramento Region, which shows the market has definitely cooled off. There may be some sub-markets that are still hot and showing increases in value, but the overall trend for the region is very telling. When looking at the median price, average price per sq ft, and average sales price in multiple counties, the market as a whole has been clearly flat for the past 90 days.
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