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Friday, June 6, 2008

Home Buyers like Condos: Market Update May

As opposed to last month, the median price of a condo in Sacramento county jumped 12.6% to reach $153,000 in May.

114 condos sold, an improvement over last month's 100 and 150 condos went into escrow in May - better sales all around and better prices to go with them!

136 new condo listings came on the market, lower than last month's 154.

Want more good news? Okay. There are 622 condos for sale in Sacramento county, which brings inventory down further than last month, to sit at 5.45 months.

1 comments:

Raj said...

I find this very useful somehow, I plan to live in condo before but I'm afraid I can't afford to own one.