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End of 2012 Statistics
November 28th, 2012 4:01 AM

I felt that the market was getting better this year and it appears the stats back up what I was seeing in the field during the year. The market prices went up in 2012.

Trendgraphix is a company that uses MLS data to provide statistics to real estate professionals nationwide. They reported the median home price in the Sacramento area went from $180,000 in January 2012 to $219,000 through October 2012.

This jump I attribute to the supply of homes being low compared to fierce demand, many investor buyers in the market, and % rates at historic lows. We will see if the trend continues in 2013. You can feel what is going on in the market but you only know for sure as you look back and review the supporting data!


Posted in:General
Posted by Reginald Jackson on November 28th, 2012 4:01 AMPost a Comment

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