Elk Grove, CA Market Update for October 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: 50.7%*

Average	September 2007	October 2007	% Change
Asking Price	$386,217	$375,032	-2.9%
Sales Price	$374,523	$361,692	-3.4%
% of Asking Price	97%	96%	-1.0%
$/SQFT	$179	$172	-3.9%
Days on Market	62	68	9.7%
Total Transactions	92	125	35.9%

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 11/7/2007: 1,551 properties on the market with 787 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.