Fair Oaks Real Estate

Data and Charts

March 2021 is a Seller’s market! 

The number of for sale listings was down 55.7% from one year earlier and up 14.8% from the previous month. The number of sold listings decreased 18.9% year over year and increased 26.5% month over month. The number of under contract listings was up 9.3% compared to previous month and up 17.5% compared to previous year. The Months of Inventory based on Closed Sales is 0.7, down 45.4% from the previous year.

The Average Sold Price per Square Footage was down 0.7% compared to previous month and up 8% compared to last year. The Median Sold Price increased by 6.7% from last month. The Average Sold Price also increased by 5.1% from last month. Based on the 6 month trend, the Average Sold Price trend is “Appreciating” and the Median Sold Price trend is “Appreciating”.

The Average Days on Market showed a neutral trend, a decrease of 57.8% compared to previous year. The ratio of Sold Price vs. Original List Price is 102%, an increase of 4.1% compared to previous year.

Fair Oaks Real Estate Median Price and Momentum
Fair Oaks Real Estate Sold to Inventory

Fair Oaks Housing Supply and Demand

Fair Oaks Housing Months of Inventory and Median Price

Fair Oaks Housing Average Price per Square Foot

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