Your weekly Elk Grove real estate market update

As we head into the 2012 Holiday Season, how’s the Elk Grove real estate market? Here is the latest on the Elk Grove real estate market for the week of November 5th through November 11th –

33 new SOLD and closed listings in the 3 zip codes of Elk Grove (95624, 95757 and 95758) with the median sales price being $255,000 and the average days on the market being 40 days.

39 new listings hit the market in Elk Grove CA last week. Of these 39 new listings, only 13 are Elk Grove short sale homes. The distressed property market is becoming a smaller portion of our market it seems each month. We are seeing more homeowners who have equity in their homes realizing now is the time to sell their home!

And 59 listings went pending with the median price being $289,990 and the average days on the market being 36 days!

We still have under a 1 month supply of inventory on the market in the Elk Grove area making this a seller’s market now.  We have buyers waiting for homes to come on the market in all prices ranges in Elk Grove!!!

If you have been thinking about selling your Elk Grove home, contact us now at (916) 405-5737 while inventory is low! Get your home value online now!

Get Your Home Value NOW! Elk Grove Home Values
Use our quick and easy site to get an instant value for your home! For a more accurate value, or to talk about getting your home on the market, give us a call at 916-405-5737 today!
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