The Auburn Market Report was prepared by Leilani Souza.
What is the real estate market like in Auburn, California? According to market data from February 2019, Auburn has 3 months of inventory. This means that it is a Neutral Market in Auburn, CA. This is a good place to be for buyers and sellers. Last month, there were:
- 109 homes for sale in Auburn, CA
- 36 homes sold in Auburn, CA
- 60 homes pending in Auburn, CA
The number of properties for sale divided by the number of properties sold equals the months of inventory. It is a Neutral Market when there are 3-6 months worth of inventory. A Buyer’s Market is when the current inventory exceeds 6 months. When there is less than 3 months of inventory, it is a Seller’s Market.
Read the full blog post, complete with charts, home prices and more:
BOB & LEILANI SOUZA
Bob Souza - 925.513.3400 - firstname.lastname@example.org
Leilani Souza - 916.408.5500 - email@example.com
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