Elk Grove, CA
Housing market overview · Updated weekly
$605,000median sale price
Homes sold
103
Last 12 weeks
Days on market
29
Average pace
Active listings
195
1.9 months supply
Sale-to-list
100.1%
Above asking
The Elk Grove housing market is currently classified as a strong seller's market with a median sale price of $605,000. Prices have fallen 5.9% compared to last year, with homes spending an average of 29 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Elk Grove?
The median home sale price in Elk Grove is $605,000, down 5.9% from last year.
How long do homes stay on market in Elk Grove?
Homes typically spend 29 days on market before going under contract.
Is Elk Grove a buyer's or seller's market?
With 1.9 months of supply, Elk Grove is currently a strong seller's market.
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