Wednesday, October 10, 2007

Most Recent Real Estate Trends for Sacramento, Placer and El Dorado Counties









Included above are the latest statistics for the Placer, El Dorado and Sacramento Counties combined through the end of Sept 07.

The first graph is average price per square foot across the region and the second is total inventory vs. pending and sold properties.
Inventory for the three counties combines hit an all time high this summer in August, which many predicted it would with the number of distressed owners and bank foreclosures. Certain areas really skew these numbers as well, like Elk Grove, El Dorado Hills and Natomas.
Price per square foot is down 12.1% from 9/06 to 9/07 with the average price per foot going from $239 to $210 per foot.
If you would like these same statistics for you city, area or zip code, please let me know, I am happy to provide.















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