The Sacramento / Stockton area real estate market experienced a bit of a slowdown this past week. The medial sales price, median list price, and pending sales all dropped slightly from last week’s numbers. The only number that went up was, unfortunately, mortgage rates. This week the average 30-year fixed rate is at 6.95%. More […]
Archives for February 2024
🔵Sacramento / Stockton Real Estate Report for 2/22/2024
The Sacramento / Stockton area real estate market has a lot of tension between the median list price and the median sold price. Last week we had a difference of over $100,000 between the two. This week the difference is down to $86,500, but that is still above the average of a $60,000 spread. Clearly […]
Sacramento / Stockton Real Estate Report for 2/15/2024
The Sacramento / Stockton area real estate market experienced another increase in the median list price while the median sales price went down. We did see a slight increase in the number of available homes, but a much larger increase in the pending sales. Mortgage rates are reported at 6.77% this week. More about FindingKevin […]
Sacramento / Stockton Real Estate Report for 2/8/2024
The Sacramento / Stockton area real estate market experienced a slight increase in the median list price, up $5,000 from 2 weeks ago. Pending sales continue to increase with buyers scooping up homes faster than sellers are listing, which has caused the available inventory to drop again. However, the median time on the market is […]