Price reductions have decreased in the Sacramento Metro Area market, reaching a low that hasn't been seen since last January. With the market getting more expensive a four-week negative trend was extended this week by the sale of 32 homes. While price reduction numbers fell, sale prices dropped as well. This week's reported median sales price of $287,475 continued a four-week downward trend. In spite of the downturn in price reductions, with prices falling and the availability of seven months of inventory, the Sacramento Metro Area is still a strong buyer's market.
If you are curious about inexpensive homes in the Sacramento Metro Area, start off by checking out these great listings: