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Take a look at these graphs to see how the Sacramento, CA and Elk Grove real estate market is doing at this time. First, let's begin by looking at Sacramento County statistics. This will give us an overview of our general marketplace:
The lower the number of months of inventory, the more the market tends to be in favor of the seller. The higher the number especially as it approaches the 4 month inventory level, the more the market is in favor of the buyers. Now let's take a look at the Elk Grove, CA area with these charts:
"V*" on the listing price means the seller is willing to entertain offers within the Listing
Price range. The Listing price range a seller will consider is determined by the value in the
Value Range Price field (the lowest price) and the Listing Price field (the highest price).