Welcome to our monthly Placer County real estate update! In this post, we'll delve into the latest statistics and market trends for May. Whether you're a buyer, seller, or real estate enthusiast, this update will provide valuable insights into the current state of the market.
Key Highlights:
- 42% Increase in Listings: May saw a significant uptick in the number of homes for sale compared to the previous year.
- Faster Sales: Homes are selling at a quicker pace, with an average of 28 days on the market.
- Stable Prices: Despite the increase in listings, the average price per square foot has remained steady at $341.
- Inventory Levels: Currently standing at 1.7 months, the inventory favors sellers but is showing signs of softening for buyers.
Deeper Insights: For a detailed breakdown of the statistics and additional graphs, visit our dedicated page: Placer County Real Estate Statistics - May
Conclusion: Stay informed and empowered in your real estate journey with our monthly updates. Whether you're buying, selling, or simply curious about the market, we're here to provide expert guidance and support every step of the way.
Posted by Patrick Hake on
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