Monday, February 11th, 2008FOR IMMEDIATE RELEASE: February 11, 2008
(RESIDENTIAL RESALE STATISTICS January 2008)
As the winter season continues, the Sacramento residential resale market refuses to lay dormant, showing a steady amount of activity through the notoriously slow month of January. This information, compiled by the Sacramento Association of REALTORS®, is collected from the MetroList® multiple listing service and includes data covering Sacramento County and the City of West Sacramento.
Closed escrows decreased slightly to 739, showing a 8.2% drop from last month’s 805 homes sold. When compared to the same month last year, January 2008 showed a slight decrease of sales, remaining 1.6% below the 751 homes sold in January 2007.
Continue reading: Total Listing Inventory Remains Stable, Pending Escrows Rise
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