Monday, May 21, 2007

Sacramento Housing Market - Inventory

April inventory growth for the Sacramento region per the Sacramento Bee/TrendGraphix:

  • Versus April 2006: +23.6%
  • Versus March 2007: +12.2%

Here's a slightly different view of inventory. The graph below shows months of inventory or the number of months it would take to sell all inventory at the current sales pace. The data is derived from TrendGraphix, which tracks MLS inventory and sales. Unlike the graphs above, this graph is for Sacramento County only and contains data for August 2004 to March 2007.

The Average Buyer blog breaks down months of inventory by zip code here.

1 comment:

buying time said...

You know its getting good when the description says:

"Only 1 listing in this cozy quiet area!!"