Elk Grove, CA Market Update for August 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: 51.0%*

Average	July 2007	August 2007	% Change
Asking Price	$383,741	$389,787	1.6%
Sales Price	$376,114	$378,499	0.6%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$194	$187	-3.6%
Days on Market	63	66	4.8%
Total Transactions	122	130	6.6%

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 9/14/2007: 1,707 properties on the market with 870 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.