Sacramento Housing in June: Sales decline 1% YoY, Active Inventory down 37% YoY

Note that June sales are for contracts typically signed in April and May.. From SacRealtor.org: June 2020 Statistics – Sacramento Housing Market – Single Family Homes June sales rebounded with 1,506 sales for the month, up 45.9% from the 1,032 sales in May. Compared to one year ago (1,527), the current figure is down 1.4%. ... The Active Listing Inventory decreased 15.8% from May to June, from 1,775 units to 1,495 units. Compared with June 2019 (2,362), inventory is down 36.7%. The Months of Inventory decreased from 1.7 Months to 1 Months. This figure represents the amount of time (in months) ......(read more)

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