Navigating the Placer County Real Estate Market: January 2024 Market Update
Posted by Patrick Hake on
Are you keeping tabs on the pulse of the Placer County real estate market? If you're a buyer, seller, or simply an enthusiast of housing trends, buckle up for a concise yet comprehensive update on what's been happening in our local market.
January brought forth some intriguing shifts in the landscape. Let's dive into the numbers:
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New Listings: We witnessed a modest increase of 2.2% in new listings compared to the previous year. While this might seem like a positive sign, it's essential to note that we're still contending with a significant 23% shortage compared to last year's inventory levels.
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Sales Activity: On the brighter side, both pending and closed sales showed promising growth. Pending sales surged by 4.4%, indicating a healthy…
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