Single Family
Active listings: 164
Under contract: 23
Sold & Closed: 48
Average days on market: 181
Condo/Towhomes
Active listings: 167
Under contract: 16
Sold & Closed: 46
Avg days on market: 182
With 1/2 of 2008 behind us, Elk Grove Real Estate and Homes have had the same results as other area towns. Many available (active) listings, and not a whole lot of sales. There are people selling, but it is at extremely reasonable prices. If you put your home on the market right now, and it is even just a little overpriced it won’t go anywhere. But when you price correctly, you still can find the right buyer. It may just take a bit longer. But you have to be priced right for when that buyer does come along, or else they will just keep looking.
Data from MRED MLS from 1/1/08 – 6/30/08
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