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The Outlook for Sacramento Real Estate is on the UpSwing.
June 4th, 2008 categories: Real Estate, Real Estate Market, Sacramento RE Stats
As you can see by the chart to the right, the home sales of residential houses from January 2008 through May 2008 has steadily risen.
Homes are selling in the Sacramento County area and Real Estate is alive and recovering. The numbers don’t lie and these are just the single family homes depicted in the above chart.
We are on an upswing.
Here are the actual numbers for each month:
811 Homes Sold in January 2008
917 Homes Sold in February 2008
1,084 Homes Sold in March 2008
1,480 Homes Sold in April 2008
1,544 Homes Sold in May 2008 
Now, the next part of this scenario on the real estate market is price. As evidenced by the chart to the side, average home prices have fallen from January by $23,000 in Sacramento County.
This is allowing more home buyers into the real estate market.
Following are the actual average home sold prices depicted in the chart above.
$277,463 January 2008 Average Home Price
$279,599 February 2008 Average Home Price
$273,207 March 2008 Average Home Price
$254.683 April 2008 Average Home Price
$254,325 May 2008 Average Home Price
Want to know how long the average days it took to sell a house in Sacramento County? T
he chart to the right is your visual look for each month from January through May 2008 of the average days on the market to sell.
Actual numbers for each month in 2008 to sell a house are: 
74 Days to Sell a House in January
66 Days to Sell a House in February
58 Days to Sell a House in March
57 Days to Sell a House in April
54 Days to Sell a House in May
With interest rates down, FHA allowing higher loan mortgages, and eager home buyers and investors returning to the real estate market, we are seeing more homes sell, prices dropped slightly over the last 4 months and some happy home buyers.
If you would like to see how many homes sold in your neighborhood along with the average prices for each zip code, just click on the Sacramento Real Estate Market Stats for May 2008.
If you like what you read here on Sacramento Real Estate Voice simply click and subscribe 
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and read what other home buyers and home sellers have asked or send your question to Gena@GenaSells.com.
If you are thinking of relocating as a home buyer or simply considering selling your house, be sure to check a FREE Sacramento MLS of homes for sale.
Other Sacramento Real Estate Market Reports:
Sacramento St. Patricks Parade and February Home Sales
Sacramento Home Sales Report for January 2008
Did Homes Sell in Sacramento During December 2007?
Sacramento Home Sales Report for November 2007
Home Sales in Sacramento for October 2007
Sacramento Real Estate Home Sales for July 2007
Home Sales in Sacramento County for June 2007
Sacramento Home Sales Report for May 2007
Sacramento Real Estate Home Sales for April 2007
