Real Estate Investment:Placer County Market Report for April 2009

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Article Content:

Have you wondered about Placer County homes for sale and how fast they are selling?

To the right is an absorption chart for Placer County single family homes. This gives you an idea of how long it takes to sell a house in Placer County in today’s real estate market.

Based on how many homes are on the market for sale and the sold homes each month, this gives us an idea of the trend in the real estate market.

As you can see, looking at the last 3 months, it will take 7 months to sell the current inventory of homes for sale in Placer County.

Here are the figures for April 2009

Each month, usually by the end of the first week, I post the home sales report prior to writing an article like this.   You may take look by clicking under the blog header where it says Neighborhood/County Market Statistics.  This is where several of the zip codes in Placer County reflect the sales report for each month. Check your zip code and see if your neighborhood is there.

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