Sacramento condos for now anyway seem to be stabilizing in terms of price. For the last update, we had settled at a median selling price of $138,500. In April, the median price fell another 2.5% to reach $135,000.
100 condos sold in the month of April, an improvement over the 90 that sold in March. Pending sales are at 121 for the month of April.
There are a total of 640 condos for sale in Sacramento county, including 151 new listings which came on the market in April. This brings Sacramento county's condo inventory to 6.4 months.
Saturday, May 17, 2008
Sacramento County Condo Update
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