Rancho Cordova sales statistics

Now that it is the end of March ,I figured I would go through the RANCHO CORDOVA end of month sales Statistics. There currently are 213 active listings in the 95670 zip code. The lowest active listing is 99k and the hightest active listing is 500k. The average price per square foot is $131.0 per square foot with an average days on market at 80. There are 44 bank owned listings along with 43 short sale listings and 71 short sale contingent listings. There are 53 regular listings that round out the total of 213 listings. The average price per square foot is 162 per square foot for those 53 regular listings. There was 120 homes sold the last three months in that zip code with an average price per square foot of $125.0, and an average days on market of 60. The average sales price was 200k. There was an average of 40 homes per month so that equates to a five month supply of homes on the market right now. Our broker just lowered the price of a 3br 2ba home in Rancho Cordova down to 115k in case someone needs a cheap house today.