Sacramento Area Ends 2016 with Paltry Resale Home Inventory

Only 2,804 homes were active and available for sale throughout the greater Sacramento region at the close of 2016, according to a new report by Lyon Real Estate.

Lyon said regional resale home inventory on Dec. 31 was the lowest in more than 20 years in a "normal" market not affected by an economic downturn.

The measure of resale inventory takes in Sacramento, Placer, El Dorado and Yolo counties.

Lyon's report is based on data from the Sacramento-based real estate tracking firm Trendgraphix Inc.

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