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Market Trends for Sacramento, CA

Sales overall are essentially even with where the sales were during the 4th quarter of 2009. Pending sales are actually up 16% from 89 in November to 103 at the beginning of the year, which is a particularly good sign.

However, active sales are down approximately 6%. There were 334 homes for sale at the beginning of November and there are 313 homes for sale on the market now. So the market is tightening as the pending sales go up and the number of actual listings comes down.

Asking prices and selling prices continue to creep lower as well. These drops haven’t been particularly large but they continue to occur each quarter by about a percent or so.

Real Estate Market Chart by Altos Research

Any Homes Realty (BRE #00000000)

1164 National Dr # 60
Sacramento, CA 95834

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