Sales rose slightly by 1.9% in May over April. Year over year, sales are down significantly, by 36.7%.
Median sales price declined to $395K from $400K in April. Compared to last year, when it was $384,250, median sales price is up by 2.8%.
The number of homes on the market decreased in May by 2.6% and 23.3% over last year. Fewest homes are available in the $350K - $400K price range, with the most available (11.4 months worth of inventory) at $1M and over.
Read the full article here: http://eastsacrealestateblog.blogspot.com/2020/06/sacramento-area-home-prices-stable.html