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.
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.
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)
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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