Fewer For Sale Signs in December

The busy holiday season is packed with so much to do but putting your house on the market does not appear to be one of them. As of December 11, HousingTracker is reporting there has been a one week drop of over 600 available homes in the Sacramento and Roseville area real estate market. This brings the total to 14,208 which is a 21 percent decline from the over 18,000 homes on the market in August. The one month decline is 9.1 percent. Although not unexpected during this time of the year, it remains good news for sellers.

As the inventory declines so too have asking prices. The median asking price as of December 11 was $410,000, down 1.2 percent from last month and off 4.1 percent from three months ago. The good news for sellers here is that the median asking price did not change from the previous week.

For more information check out my Keep it Real blog on my website at Jalone.com.