Sacramento Housing in June: Sales Down 13.6% YoY, Active Inventory DOWN 11% YoY

From SacRealtor.org: June sales price inches towards August 2005 high June closed with 1,527 total sales, a 6.3% [decrease] from the 1,630 sales of May. [ Sales down 13.6% YoY ] ... The Active Listing Inventory increased 2.1% from 2,314 to 2,362 units. The Months of Inventory, increased from 1.4 to 1.5 Months. [Note: Compared to June 2018, inventory is down 11.2% ] . ... The Median DOM (days on market) remained at 10 from May to June. The Average DOM decreased from 25 to 22. "Days on market" represents the days between the initial listing of the home as "active" and the day it goes "pending." ......(read more)

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