Well…once again the price per square foot statistics in Sacramento County sure seem to be leveling off. For about the last 7 months, the average price per square foot has been stable, and actually increasing just slightly. There is a bit of a trough begining to form. Perhaps now we have enough data to think this little upward bounce we have been experiencing is more than a fluke – and stability is here to stay? Time will tell. I can tell you that most of the transactions I have been representing for both buyers and sellers, (in all price ranges, short sales, foreclosures, and “regular transactions with a traditional sellers”) are mostly met with multiple offers often resulting in pushing the price over the listing price.