Sacramento County Market Update - Single Famly Residences

September was the month for bargain shoppers! And come out they did - in droves. Pending numbers almost doubled from July's 2064 to 3729.

Statistically and from personal experience we seem to be seeing more activity toward the bottom of the pricing, so while the median price for homes active on the market stays at July's $225,000 the sold median price has fallen again to $192,000.

1944 homes sold last month - pretty much in step with July. Inventory is down slightly - we are at 3.7 months as compared with July's 4 months.