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Sacramento Real Estate Market Report for June 2008
July 2nd, 2008 categories: Sacramento RE Stats
Sacramento real estate 
continues on the upswing with home sales continuing to increase in numbers.
It’s been a steady slow climb which is much more stabilizing than a rush of numbers.
The chart above shows single family home sales from January 2008 through June 2008.
The June 2008 figures will only continue to increase as real estate offices plug their numbers into the system and update the MLS. However, I wanted to get these numbers to you as quickly as possible.
For a look at each individual city and community in the Sacramento area to see how many homes are for sale, how many homes received an offer and are in Pending Sale and how many homes sold click on Sacramento Home Sales Report for June 2008.
For a breakdown of the real estate chart above be sure to click and read more…
Here is a list of the number of SOLD homes in Sacramento per the chart above.
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
1,608 Homes Sold in June 2008
Average Sacramento Home Price by Month:
$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
$243,397 June 2008 Average Home Price
Average Days on the Market to Sell House in Sacramento:
74 Days to Sell House in January
66 Days to Sell House in February
58 Days to Sell House in March
57 Days to Sell House in April
54 Days to Sell House in May
51 Days to Sell House in June
From January 1, 2008 through June 30, 2008 7,654 homes have sold in the Sacramento area. Sacramento Real Estate is continuing to improve little by little with inventory selling and home prices slightly continuing going down.
If you like what you read here on Sacramento Real Estate Voice and want to keep up with the Sacramento Real Estate Market as well as other news worthy items, simply click and subscribe 
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Want to check which homes, condos, investment properties and land are for sale in Sacramento and the surrounding areas? Just click on the search icon and pick the neighborhood you are interested in finding a home or condo for sale in and around the Sacramento area 
.
Other Sacramento Real Estate Market Stats:
The Outlook for Sacramento Real estate is on the UpSwing
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
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Great Blog! I have been selling real estate in Bend Oregon since 1981 and find it refreshing to find a helpful blog like yours! Keep up the good work!
Jim,
Thank you for the accolades. It is so important to keep up with the change in the market and report some good news for a change.
How many of these sales were sold back to the bank at auction? According to the California numbers 97.6% of the sales were REOs.
John,
Not exactly sure about your question. The sales are not indicative of sales going back to the bank.
These figures are based on homes on the MLS they do not include the foreclosure process of an auction. They do however, include the homes banks sell on the MLS.