222 homes sold in the city of Elk Grove in the last month, an overall unit volume decrease of 10.5% year over year. Foreclosure sales, as elsewhere in Sacramento county, are down year over year while short sales have increased by 66%. What this does not change however is the ratio of distressed to non-distressed home sales, which remain at about a 3:1 ratio since this time last year.

Average price per square foot also remained the same or thereabout at $115.43. Last April, average price per square foot for real estate in Elk Grove was $113.04. The average sales price fell very slightly by 2.4% to hit $242,962 in April. Last April, it was $248,841. Median sales price is now at $228,00, a 5% decrease year over year.

Inventory in Elk Grove is at 4.1 months based on the last year of sales and 4.6 months based on the last six months of sales. Foreclosure inventory remains around 1 month and short sale inventory remains the largest at slightly under a year.

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