Real Estate - September 2008 Ca Sales Activity Report

· Real Estate Home Sales continue to rise year-over-year, with sales in September 2008 increasing 96.7 percent in California, compared with the same period a year ago. Sales soared above the 500,000 unit threshold for the first time in more than two years.

· Month-to-month sales also continue to increase. Home Sales in September 2008 increased 2.3 percent compared with the previous month.

HOME PRICES:

· The statewide median price of an existing, single-family detached home in California was $316,480, a 40.9 percent decline from the revised $535,760 median for September 2007.

· The September 2008 median price fell 9.6 percent compared with August's revised $350,140 median price.

· One reason for the large year-to-year declines in the median price is the dramatic change in the mix of sales since the onset of the credit/liquidity crunch. A year ago, the under $500,000 price range accounted for 46 percent of sales, the middle segment ($500,000 to $1 million) made up 40 percent, and the greater than $1 million segment captured 14 percent of the market. As of September 2008, the mix had shifted to 76 percent, 18 percent, and 6 percent, respectively.

Want a fast sale, thinking about doing some DIY fixes on your Sacramento area house? Or are you a new home owner to the Sacramento area, if so we can give you a 10% off coupon from Lowe's that is good for any one purchase up to a maximum of $5,000! That means if you spend $5,000 at Lowe's you get $500 off, $1,000, you get $100 off. No cost and or obligation email or call us at 916.759.2147 for the free Lowe's coupon.

This free 10% off coupon is ONLY available from Realtors that are participating in Lowe's Realtor Benefits program.

Our Lowe's "Inside Out", free monthly e-newsletter is full of great advice too. No cost, no obligation, just send an email and say "Sign me Up Home Team Girls."

Monthly tips on moving, buying and selling available

Education about innovative products and projects around the home that yield the highest return

Home maintenance tips

The Home Team Girls Realtors® Real Estate Team helping you with Homes For Sale, Seller Strategies, Certified Buyer's Agent, Bank Foreclosure Specialist, Short Sale Specialist. We use the service of a certified Home Stager on all of our listings. For Roseville and Sacramento Realtor Services call on the Home Team Girls.