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Homes Sales Report – Sacramento – August 2009
Pace of Home Sales Slows
The number of existing home sales in Sacramento declined in August to it’s lowest level of the year. This is due to dramatic reductions in the number of homes available for sale and the time of year.
New home builders throughout the region, for instance, have been hammering out emails with quick move-in specials and increased commissions for agents to sell their homes since mid-July as sales are typically slow during this time of year.
Vacation months can be slow for home sales.
Click here to search for homes in any area of Sacramento or Placer County.
I wouldn’t be surprised to see and increase in volume by the end of September. That said, without a significant increase in homes to sell, we may not see an increase.
The second slowest month of sales was February with 956, January with 962. The rest of the year, sales numbers have exceeded 1000 homes sold per month in Sacramento.
Average Sales Price Increases In Sacramento Real Estate
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