This week we are in Galt, where there are 91 homes for sale and 20 of them sold last month.

We get into the gap between what is being asked and what is actually closing, the median asking price is $598,000 while the median sale came in at $557,193, and why that roughly $40,000 difference is the whole story of this market right now.

We also look at why half the homes here go under contract in about five weeks while the other half sit, what a $330,000 to $1,610,000 spread in a single month means if you are trying to price your own house, and where mortgage rates landed.

Then the Galt Market, the Senior Health and Resource Fair, Spooky Family Movie Time at the library, Fall Fest Candypalooza on Halloween, and the sandhill cranes back at the Cosumnes River Preserve.

All figures are MetroList figures for single family homes, previous 30 days.

Our office is hosting The Legacy Table on Thursday, November 5 in Folsom. A broker, a lender, a CPA and a trusts and probate attorney on forty ways to help your kids and grandkids buy a home. Free, nothing sold. Details and seats at https://legacytableseminar.com

Weichert, Realtors - Sierra Pacific Group. 916-656-4663. https://www.wrspg.com

Thinking about buying or selling in Citrus Heights, or just curious about what is happening in the local market this fall?

In this episode we look at why more than 40 percent of the homes for sale in Citrus Heights have already cut their price, and why that standoff between buyers and sellers is not necessarily a reason to wait.

We get into the math most people skip: how a seller credit or a rate buydown can do more for a buyer's monthly payment than a price reduction on the same house, and what that means if you are the one deciding where to list.

We also talk about what is replacing the old Sunrise Mall, and what is happening around town this month.

Market data is from MetroList, single family homes, previous 30 days. Mortgage rates are from Freddie Mac's weekly survey. Local event information comes from the Sunrise Recreation and Park District and the City of Citrus Heights.

If you have questions about Citrus Heights real estate, or you are thinking about a move anywhere in the Greater Sacramento area, reach out. We would love to help you understand your options and make a plan that works for you.

Weichert, Realtors - Sierra Pacific Group

Serving Citrus Heights, Sacramento County, and the Greater Sacramento area.