Saturday, March 8th, 2008FOR IMMEDIATE RELEASE: March 8, 2008
(RESIDENTIAL RESALE STATISTICS February 2008)
An unusually warm February has helped to increase activity in the Sacramento residential resale market. 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 throughout the region jumped up 17.7% to 870, surpassing last month’s 739 homes sold. February 2008 also showed an increase of sales when compared to the same month last year, surpassing the 751 homes sold in February 2007 by 15.8%.
Continue reading: Pending Escrows Escalate, Inventory Dropping
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