Number of Homes for Sale Grows and another Prediction

As we get closer to one of our busy buying and selling season’s inventory of homes for sale is growing. According to numbers I have been able to find, the number of homes on the market in the four county Sacramento area, (Sacramento, Placer, El Dorado and Yolo) there were 11,215 homes on the market. This is an increase of 633 homes during the month of February and an increase of 1,702 since the beginning of the year.

Again, I am seeing increased activity in showings, and listings so it will be interesting to see if the trend of growing inventory continues through March and April. I am going to predict increases through the first two weeks and then a modest decrease by month end.

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