Sacramento Housing in January: Sales Up 5.6% YoY, Active Inventory down 32.7% YoY

From SacRealtor.org: January 2020 Statistics – Sacramento Housing Market – Single Family Homes January ended with 944 sales, down 24.1% from December. Compared to one year ago (894), the current figure is up 5.6% . ... The Active Listing Inventory increased 7.1% from December to January, from 1,315 units to 1,409 units. Compared with January 2019 (2,095), inventory is down 32.7%. The Months of Inventory increased from 1.1 to 1.5 Months. This figure represents the amount of time (in months) it would take for the current rate of sales to deplete the total active listing inventory. ... The......(read more)

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