Tri-County Real Estate Market Trends

Sacramento - El Dorado - Placer 

Median Home Price Trends:

The report shows the median price at which an equal number of homes are sold above or below that price.  Median price helps identify where the market activity is the strongest.

For Sale vs. Sold vs. Pending

• For Sale numbers are the snapshot of the number of property for sale at the end of the month.
• Pended numbers represent the number of properties that went into the "pending" status for that month.
• Sold numbers represent the number of properties that are sold for that month.

Days On Market - Sold/List Price Ratio

• CDOM stands for continuous days on the market and tracks consecutive listing periods.
• This report shows the percentage of sold price / list price at which an equal number of properties are sold above, equal or below the list price.
• It indicates how long it has taken to sell those properties.

Months of Inventory

As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer's market.