Elk Grove Real Estate Market Update, June 2021
By Ray Henson, Realtor
(eXp Realty of California, Inc. (lic. #01878277))
The median sales price for single family homes in Elk Grove is up 30% from June 1, 2020-June 30, 2021. Remarkable! Yes, homeowners are still happy and it is still difficult for home buyers. On average, buyers are paying 7.6% above list price. Month over month, the median price and average prices are essentially the same (see May Report). One month does not make a trend, but maybe our market is leveling off a bit. It will be interesting to see how prices move over the second half of the year. View Homes in Elk Grove This month I thought it would be interesting to see how the pricing is for Elk Grove's three main zip codes versus all of Elk Grove. 95758 has the highest price per square foot, but the houses sold are smaller than the other two zip codes, on average. Co...