Elk Grove Real Estate Market Update: July 2010

Posted by Sacramento Real Estate Gal - Purva Brown on August 12th, 2010

219 homes sold in the city of Elk Grove this last month, an overall unit volume decrease of 17% year over year. Foreclosure sales alone fell 41% while non-distressed sales declined 8.2% year over year making this one of the slowest years in real estate sales. Short sales in Elk Grove increased however by 31.5% which means that 1 out of every 3 homes sold in Elk Grove is now a short sale - quite impressive if you consider how home buyers were not interested in short sales a little while ago. Sales seem equally divided between foreclosures, short sales and non-distressed homes.

Average price per square foot declined slightly this month from $115.55 last July to rest at $111.82. That’s a 3.2% decline year over year. Average sales price is now $232,070 - a 5% decrease for the same period from a high of $244,430. Median sales price remained mostly unchanged at $228,800. Last July it was $229,500.

Overall inventory in Elk Grove is stable at 3.2 months with foreclosure inventory at half a month.

Elk Grove Real Estate Market Update: June 2010

Posted by Sacramento Real Estate Gal - Purva Brown on July 8th, 2010

Elk Grove Real Estate Market Update: May 2010

Posted by Sacramento Real Estate Gal - Purva Brown on June 10th, 2010

Elk Grove Real Estate Market Update: April 2010

Posted by Sacramento Real Estate Gal - Purva Brown on May 11th, 2010

Elk Grove Real Estate Market Update: March 2010

Posted by Sacramento Real Estate Gal - Purva Brown on April 10th, 2010

Elk Grove Real Estate Market Update: February 2010

Posted by Sacramento Real Estate Gal - Purva Brown on March 4th, 2010

Elk Grove Real Estate Market Update: January 2010

Posted by Sacramento Real Estate Gal - Purva Brown on February 12th, 2010

Elk Grove Real Estate Market Update: December 2009

Posted by Sacramento Real Estate Gal - Purva Brown on January 15th, 2010

Elk Grove Real Estate Market Update: November 2009

Posted by Sacramento Real Estate Gal - Purva Brown on December 7th, 2009

Elk Grove Real Estate Market Update: October 2009

Posted by Sacramento Real Estate Gal - Purva Brown on November 9th, 2009

Elk Grove Real Estate Market Update: September 2009

Posted by Sacramento Real Estate Gal - Purva Brown on October 9th, 2009

Elk Grove Real Estate Market Update: August 2009

Posted by Sacramento Real Estate Gal - Purva Brown on September 27th, 2009

Elk Grove Real Estate Market Update: August 2009

Posted by Sacramento Real Estate Gal - Purva Brown on September 19th, 2009

Elk Grove Real Estate Market Update: July 2009

Posted by Sacramento Real Estate Gal - Purva Brown on August 9th, 2009

Elk Grove Real Estate Market Update: June 2009

Posted by Sacramento Real Estate Gal - Purva Brown on July 10th, 2009

Elk Grove Real Estate Market Update: May 2009

Posted by Sacramento Real Estate Gal - Purva Brown on June 8th, 2009

Elk Grove Real Estate Market Update: April 2009

Posted by Sacramento Real Estate Gal - Purva Brown on May 15th, 2009

Elk Grove Real Estate Market Update: March 2009

Posted by Sacramento Real Estate Gal - Purva Brown on April 9th, 2009

Elk Grove Real Estate Market Update: February 2009

Posted by Sacramento Real Estate Gal - Purva Brown on March 12th, 2009

Elk Grove Real Estate Market Update: January 2009

Posted by Sacramento Real Estate Gal - Purva Brown on February 23rd, 2009

Elk Grove Real Estate Market Update: December 2008

Posted by Sacramento Real Estate Gal - Purva Brown on January 7th, 2009

Elk Grove Market Update: November 2008

Posted by Sacramento Real Estate Gal - Purva Brown on December 7th, 2008

Elk Grove Market Update: October 2008

Posted by Sacramento Real Estate Gal - Purva Brown on November 7th, 2008

Elk Grove Real Estate Market :: September, 2008

Posted by John Lockwood on October 10th, 2008

Elk Grove Real Estate Market Update August 2008

Posted by John Lockwood on September 21st, 2008

July 2008 Real Estate Market Report - Elk Grove

Posted by John Lockwood on August 7th, 2008

Elk Grove Real Estate Market Update

Posted by John Lockwood on December 5th, 2007

Foreclosures Statistics for High-Foreclosure Areas in Sacramento County

Posted by John Lockwood on September 21st, 2007