August Sales Stats

Active Properties
For the Sacramento Metro Area
7286 (7666 in July) Down 5%
650 are REO’s (REO’s make up 9% of the market) (718 in July-Down 9%)
4226 are Short Sales (SS make up 58% of the market) (4366 in July-Down 3%)

Pending
3926 (3755 in July-up 4%)

Sold/Closed in August
2032 (2446 in July-down 17%)
902 were REO’s (44% of the market)
376 were Short Sales (19% of the market)

Average DOM
is 49 days.
% of list to sale price is 99.18%
Average sales price is $224,000 ($226,000 in July)