Arden-Arcade homes are taking noticeably longer to sell than a year ago
Homes in the Sacramento suburb spent 27 days on the market this summer, up from 23 a year earlier, even as prices climbed nearly 8% year-over-year.
Homes in the Sacramento suburb spent 27 days on the market this summer, up from 23 a year earlier, even as prices climbed nearly 8% year-over-year.
The median sale price fell 2.5% year-over-year in the three months ending August, but the price per square foot barely budged, pointing to a shift toward smaller homes.
Active listings fell more than 13% from a year ago, leaving fewer homes on the market even as sales picked up and prices eased.
Active listings fell nearly 14% from a year ago, leaving Woodland with just 1.5 months of supply and pushing homes to sell faster than they did last summer.
The small foothill market posted a 22% year-over-year gain in its median sale price, though a thin pool of just six sales means single transactions carry outsized weight.
Home sales jumped nearly 28% year-over-year even as prices held roughly flat, pointing to a busier market than last summer despite steady mortgage rates.
The city has scheduled a formal hearing for property owners in the planned Douglas 103 subdivision to weigh in on a new stormwater utility fee before it takes effect.
Homes changed hands in about three weeks this summer, ten days quicker than a year ago, as both inventory and sales volume shrank across the market.
The median sale price rose a modest 3.5% year-over-year, yet price per square foot climbed nearly 10%, suggesting buyers favored smaller, higher-quality homes this summer.
Sales jumped nearly a third year-over-year and homes are selling ten days quicker, even as prices held close to last summer's level.