INVENTORY SLIPS BUT DOESN’T STALL LOCAL HOUSING SALES
15% fewer homes available for sale versus October
The number of active and available homes for sale throughout Greater Sacramento declined a hefty 15 percent since October yet currently stands 2 percent above last year at this time. Market demand, measured by the rate of new pending sales, reflected a mere 1.6 months of remaining home supply on December 1st. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company. Click here for the full report.