- Median Prices in California are up 2.6% over last month. Sales are down 5.1% over last month. Just so you know...traditionally, sales begin to slow in the fall and winter months.
- Median Prices in Sacramento are up 4.5% over last month. Again, sales are down 8.9% over last month and I consider this normal for this time of year. Nobody wants to uproot kids in the fall after school starts.
- Median Prices in the the San Francisco Bay Area are down 2.6% over last month and sales area also down 15.2% over last month. Sales over the prior year are up 7.6%.
Remember...When you purchase a home, it's a long term investment. The market may fluctuate but the overall trend is going to be UP...finally. See my last blog entry. You can expect your home to be worth about double what it is valued today in 10 years. Want an idea of what your home's current value is? Email me and I'll give you a free home valuation.
Statistical info thanks to CA Assoc of Realtors
