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RE/MAX National Housing Report
February 2023
Despite being down 24.4% year over year, February home sales increased 16.8% from January. That was the largest month-over-month increase in 11 months and ended a five-month streak of sales declines that began in September.
The median sales price of $385,000 increased 0.6% over January, ending a seven-month streak of price declines since the peak of $426,000 in June 2022. Although home prices increased slightly month-over-month, February marked the first year-over-year drop in prices since January 2012 – as the median was 1.3% lower than a year ago ($390,000).
Inventory increased year over year for the 10th consecutive month, and the number of homes for sale in the report’s 50 metro areas was 55.0% higher than a year ago.
Roseville Real Estate Agent – Chuck Klein at RE/MAX Gold.
I work with Residential Real Estate, both new and existing, and have been serving the Roseville area since 1990. I hold a variety of professional designations including Certified Residential Specialist.
Although my office is in Roseville, my practice often takes me to Sacramento, El Dorado and Yolo Counties. My efforts are split equally between marketing homes and helping buyers find that perfect home.
You can check out several sites where Clients have posted Reviews: Yelp, Yahoo and Google+. Video reviews can be found on YouTube as well as marketing videos I’ve done for some of my sellers….
Read MoreRE/MAX Gold Each office independently owned and operated.
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