Inventory and Listings

This week, HousingTracker, is reporting inventory of available homes in the greater Sacramento area is down 38 to 12,747 as of the past week ending February 5. The median price has been holding steady at about $400,000. The one month changes they reported are a decline of 1.2 percent in median price and a 4.3 percent growth in inventory. Seeing inventory holding and not growing fast is a good sign the spring selling season has not started. Another sign is the weather which is grey and wet today.

Speaking of inventory, our Jalone-Butler group added a new listing in Rocklin last week and it got an unheard of showing on Super Bowl Sunday! I have new Yuba City listing coming on the market this week and you can get sneak preview of it later today. It is an awesome townhouse and has the best location in the desirable planned community, The Grove.