Elk Grove, CA Market Update for June 2007

Here are the latest real estate market statistics for Elk Grove, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 49.1%*

Average	May 2007	June 2007	% Change
Asking Price	$412,419	$420,325	1.9%
Sales Price	$401,214	$410,563	2.3%
% of Asking Price	97%	98%	1.0%
$/SQFT	$202	$193	-4.5%
Days on Market	51	55	7.8%
Total Transactions	119	134	12.6%

Search for homes in Elk Grove, CA and read a neighborhood overview of the Elk Grove, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 1,663 properties on the market with 816 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.