Here are some stats from 2010. Things sure have changed alot in seven years.
Homes for sale in Sacramento CA, Find all the Sacramento homes for saleFind Sacramento Homes | Sacramento Homes for sale | Page 2
var _gaq = _gaq || ; _gaq.push(['_setAccount', 'UA-21109732-1']); _gaq.push(['_trackPageview']);
I went into mls and pulled up every city in Sacramento county and found out that there are 7546 homes for sale in the Sacramento county area. There are 3955 short sale listings out of the 7546 number. There currently are 1296 bank owned homes for sale. This means that 70% of available properties for sale are distressed sales. I looked up the number of homes sold in the Sacramento county area and from October 1st to October 22nd, 464 homes sold. It will be very interesting to see the final results for the month of October. I think it will show that the market slowed down.