Elk Grove, CA homes for sale have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows.
The Numbers Month to Month and Year to Year
The median sales price for Elk Grove, CA homes for sale was $409,000 in June 2017 compared to $395,000 during May 2017 and $358,250 in June 2016.
The number of Elk Grove, CA homes for sale that sold was 213 in June 2017 vs. 195 in May 2017 and 254 that sold June 2016.
There are 315 Elk Grove, CA homes for sale that are in contract or pending which represents 63% of the overall available inventory of 502 homes. There are currently only 187 homes active on the market in Elk Grove.
A few highlights of the current Elk Grove, CA homes for sale are shown below and represent a nice cross section of properties available, in contract and that have sold.
This Month’s Most Expensive
The most expensive of all Elk Grove, CA homes for sale this month is listed at $3,500,000 includes 4 bedrooms, 3 bath and has over 2,800 sqft. The Mackay Ranch consists of 4 houses, several large buildings & an enormous professional state of the art covered arena measuring nearly 480 x 145 and sits on over 100 acres in the 95757 zip code area of Elk Grove (schedule a showing).
This Month’s Least Expensive
The least expensive of all Elk Grove, CA homes for sale came in at $110,000 and would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It is a 2 bedroom, 1 bathroom condominium in the 95624 zip code area. (schedule a showing).
Our prices are still up, inventory is still down and interest rates are still great! If you have been thinking of selling, don't let this hot market pass you by! Call us today at (916) 405-5737 to schedule your free home valuation!
Reviews on Zillow Read on
Sold a Single Family home in 2017 for approximately $425K in Elk Grove, CA.
We would highly recommend Lori Mode and the Mode & Durham team. The process of selling our home went so smooth and we received several offers above the list price thanks to her efforts. She was very responsive ...
Bought and sold a Single Family home in 2016 for approximately $425K in Elk Grove, CA.
Lori and her team assisted us in selling our house of 12 years as well as buying our lifetime house all at the same time. Everything with very smooth and she was right to answer our questions or keep ...
Sold a Single Family home in 2016 for approximately $400K in Northeast Village, West Sacramento, CA.
There's a reason why Lori and her team are the top sales team in our area. She continually went above and beyond in Every imaginable way from strategies for gaining multiple offers to personally ensuring ...
Bought and sold a Single Family home in 2009 in Elk Grove, CA.
Lori is an exceptional realtor. She has the knowledge and experience to complete the whole process of buying or selling real estate expeditiously. She facilitates the transaction smoothly and keeps both ...
Bought and sold a Single Family home in 2015 for approximately $325K in Elk Grove, CA.
We would highly recommend Lori Mode! Because of her, we were able to sell our home for higher than the asking price - and set a new high comp for our neighborhood. In addition, she negotiated to get ...