TRENDGRAPHIX’s latest report shows that sales increased 6 percent during the month of May for the Tri-County region of Sacramento, Placer and El Dorado Counties. May 2010 sales were the same than May 2009 sales.  Pending sales decreased by 10 percent from April to May 2010.

  May 2010 inventory of 7,229 homes for sale is 10 percent lower than May 2009 inventory.  This is a 53 percent decrease for the regional inventory record high of 15,302 set in August 2007. 

Sacramento County sales increased 8 percent from April to May 2010. Inventory increased 8 percent during the month of May.  Pending sales decreased by 14 percent in the month of May. 55 percent of the homes sold for under $200,000; 39 percent of the homes sold for between $200,000 and $400,000; and 6 percent of the homes sold for over $400,000.  The average price per square foot increased 2 percent during the month of May to $127.