2017 Elk Grove Home Sales Lag Behind 2016

Home sales in Elk Grove continue to lag behind 2016.  Through the first 4 months of 2017, homes sales in Elk Grove have been lower each month in 2017 than in 2016.  April home sales were down 17% compared to 2016.  The lack of inventory continues to frustrate buyers, who often face stiff competition when writing an offer on a home.  New home sales are expected to continue to increase as buyers opt for buying a new home.