• Sacramento Real Estate in March: Sales up 10% YoY, Active Inventory down 45% YoY

    4 days ago - By Calculated Risk

    From SacRealtor.org: Sales volume up 25% over Feb., sales price over $480k
    March closed with 1,292 sales, up 25% from the 1,034 sales in February. Compared to one year ago , the current figure is up 10.4%.
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    The Active Listing Inventory increased 9.4% from February to March, from 839 units to 918 units. Compared with March 2020 , inventory is down 44.6%. The Months of Inventory decreased from .8 Months to .7 Months. This figure represents the amount of time it would take for the current rate of sales to deplete the total active listing inventory.
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    The Median DOM remained at 6 and the...
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