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Are Sacramento Home Values on the Rise?
Manage episode 156027135 series 1174292
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Today, I want give you a brief rundown of the latest Sacramento market statistics. Let’s jump right in.
In Sacramento County, we have only 1.6 months of inventory as of February, and the average days on market is only 37 days. In Placer County, we have 2.5 months of inventory and the average days on market is only 49 days. The question is, what do these numbers mean for you?
Any amount of inventory under three months is a hot seller’s market. In this kind of market, there are many more buyers than there are homes for them to buy, which is a great advantage for sellers. We’re just now entering the spring market, and things are about to really heat up. Now is the time everyone is out there buying, so it’s a perfect time to list your home for a higher price and reap the rewards of great market conditions.
If you’re thinking about selling and would like help taking advantage of this fantastic market, please don’t hesitate to reach out to us. We would love to help you accomplish all your real estate goals!
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