Category Archives: Elk Grove Market Trends

Elk Grove Real Estate Market Report

Elk Grove Real Estate Market Report for zip codes 95624, 95757 and 95758 for February 2016

The data on this page is consolidated from multiple sources and includes current Elk Grove Real Estate  listings, recent sales for 95624, 95757 and 95758 Elk Grove, CA zip codes and more!  Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Call or email The Mode and Durham Team to discuss how this information can benefit you!  (916) 405-5737.

Elk Grove Real Estate Active Listings – 233

Elk Grove Real Estate Foreclosure Listings – 4

Elk Grove Real Estate Short Sale Listings – 16

Elk Grove Real Estate Single Family Homes for Sale – 233

Elk Grove Real Estate Condos for Sale – 7

 

Market Inventory Trends

The number of active listings in Elk Grove  (95624, 95757 and 95758 decreased by 5.7 from the previous month and 12.1% from February 2015!  The number of pending listings in Elk Grove went up by 6% over the previous month!

Elk_Grove_market_inventory_February_2016_www.modeanddurhamteam

The number of closed sales increased by 30% over January,  2015, but decreased by 7.7% over February 2015.

Elk_Grove_average_days_on_market_www.ModeandDurhamTeam

Although the average days on the market increased to 44 days in February 2016, it is still lower than 56 days in February 2015.  This is still significantly shorter than the national average.

Elk_Grove_Real_Estate_months_of_inventory_February_2016

Our months of inventory here in Elk Grove decreased to 1.5 months  (definitely still a seller’s market) in February 2016 and it’s about the same as it was in February 2015.

The average sales price in Elk Grove increased in February to $370,000!  This is 5% higher than February 2015!

It’s still a great time to buy a home in Elk Grove!  Prices are stable and interest rates are still at historic lows!  Don’t miss out…call us today!

If you would like to find out how much your Elk Grove home is worth, check out http://www.EGHomeValue.com or call us at (916) 405-5737.   

 

 

 

Elk Grove Real Estate Market Report for zip codes 95624, 95757 and 95758 for January 2016

The data on this page is consolidated from multiple sources and includes current Elk Grove Real Estate  listings, recent sales for 95624, 95757 and 95758 Elk Grove, CA zip codes and more!  Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Call or email The Mode and Durham Team to discuss how this information can benefit you!  (916) 405-5737.

Elk Grove Real Estate Active Listings – 247

Elk Grove Real Estate Foreclosure Listings – 5

Elk Grove Real Estate Short Sale Listings – 5

Elk Grove Real Estate Single Family Homes for Sale – 237

Elk Grove Real Estate Condos for Sale – 6

 

Market Inventory Trends

The number of active listings in Elk Grove  (95624, 95757 and 95758 increased by 2.0%  from the previous month and 19.8% from January 2015!  The number of pending listings in Elk Grove went up by 56.3% over the previous month!

Elk Grove market statistics January 2016

The number of closed sales decreased by 51% over the December 2015, but only 4% over January 2015.

Elk Grove Average Days on the Market January 2016

The average days on the market was 63 days in January 2015 and it dropped to 36 days in January 2016.  This is significantly shorter than the national average.

Elk Grove months on housing inventory

Our months of inventory here in Elk Grove did increase to 2.2 months (still considered a seller’s market) in January 2016 and it’s still lower than the 2.6 months in January 2015.

 

And the average sales price in Elk Grove has remained at $362,000 for 3 straight months.  This is 8.4% higher than January 2015!

It’s still a great time to buy a home in Elk Grove!  Prices are stable and interest rates are still at historic lows!  Don’t miss out…call us today!

If you would like to find out how much your Elk Grove home is worth, check out http://www.EGHomeValue.com or call us at (916) 405-5737.   

The Mode and Durham Team have been selling real estate in the Sacramento/Elk Grove area for over 25 years and are here to assist with your home purchase or sale!

Houses for sale in Elk Grove, CA

To find the value of your Sacramento/Elk Grove home make sure to check out http://www.EGHomeValue.com to get your home value via the internet

 

 

 

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Elk Grove CA Real Estate Market Report – January 2015

Home prices are up a bit in the highly desirable Elk Grove CA real estate market at the beginning of the year.  Look at the year over year appreciation – from an average price of $318,000 in January 2014 to an average price of $336,000 in January 2015.

Elk Grove CA average home prices
Elk Grove CA average home prices

The average sales price in Elk Grove CA in January 2014 was based on 137 homes sold while in January 2015 there were 113 homes sold, so the while the number of homes sold has gone down by 18% the average price increased by 6%.    Also the number of pending sales has increased 18% year over year and active listings have increased 7% in that same time period in Elk Grove CA.

Elk Grove CA real estate inventory
Elk Grove CA real estate inventory

 

What does that mean for people looking to buy a home in Elk Grove CA?  It means you want to use a local Realtor who knows the market REALLY well. Call a LOCAL Realtor to help you with your Elk Grove Real Estate needs.

 

Click here to check out Elk Grove CA Active Listings right now! (Feel free to save this link, it updates as the Elk Grove CA Real Estate market changes- you will always have the live market update)

 

Get your Elk Grove home's value NOW!
Get your Elk Grove home’s value NOW!

 

Check out more details on the Elk Grove Real Estate Market Report- Click this link for all information on Elk Grove CA.

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