This could be the start of the housing market starting to come back to reality or just a hiccup.   Time will tell but if it continues it will mean that the housing prices will start to level off and properties will sit longer on the market before, they sell.  This time of year, it is completely normal for the housing market to act in this way.  If you are thinking of buying or selling a home, please feel free to contact me so you can make the best decision for you and your family.

 

This graph was completed by Ryan Lundquist a local Sacramento area appraiser.