Single Family 1 Lot 1 home 2006-2007 Comparison - a rough look.Just about every place you turn you would think the housing market is currently closed for business - but the wise buyer is taking advantage of some of the lowest rates EVER and lowest prices in years. I didn't factor in Townhomes, condos, mobiles. Strickly 1 home 1 lot - I just wanted to get an over view.
Galt 254 in 2007 320 in 2006
Stockton 1663 in 2007 2828 in 2006
Lodi 415 in 2007 533 in 2006
Sacramento 3231 in 2007 7220 in 2006
Rocklin 601 in 2007 699 in 2006
Granite Bay 249 in 2007 268 in 2006
Loomis 123 in 2007 126 in 2006
Cool Pilot Hill 53 in 2007 89 in 2006
El Dorado Hills 551 in 2007 591 in 2006
Mather 39 in 2007 69 in 2006
Roseville 1226 in 2007 1352 in 2006
Citrus Heights 602 in 2007 687 in 2006
Elk Grove 1490 in 2007 2010 in 2006
Folsom 758 in 2007 811 in 2006
North Highlands 206 in 2007 320 in 2006
Rancho Cordova 84 in 2007 55 in 2006
It always comes back to location, price and condition.
So when your looking at the numbers think like this -
For every home that was sold, a home was bought - many more residential real estate transactions then many news outlets would lead you to believe. Not a great market, but if you look at the numbers from 2006 to 2007 people are buying and selling - the real estate profession is still open for business.
Here is some more 2006/2007 comparisons
West Sacramento 328 sold in 2007 & 428 sold in 2006
Davis 405 sold in 2007 & 441 sold in 2006
Orangevale 240 sold in 2007 & 341 sold in 2006
Woodland 285 sold in 2007 & 408 sold in 2006
