Sacramento Housing in December: Sales Down 22% YoY, Active Inventory up 36% YoY

From SacRealtor.org: December 2018 Statistics – Sacramento Housing Market – Single Family Homes; Real estate market slows for holiday season December closed with 1,104 total sales, a 15.3% decrease from the 1,304 sales of November. Compared to the same month last year (1,408), the current figure is down 21.6% . ... The Active Listing Inventory decreased, falling 20.8% from 2,714 to 2,149 units. [Note: Compared to December 2017, inventory is up 36.4% ] The Months of Inventory dropped slightly to 1.9 Months. This figure represents the amount of time (in months) it would take for the current......(read more)

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