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Tuesday, August 23, 2016

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 8/23/2016

I'm a stats geek and love analyzing the Sacramento Real Estate market numbers, so...

Every Tuesday i provide a quick snapshot of what's going on with the market.  Call/Email/Text/or leave a comment below if you have any questions or opinions...



ACTIVE INVENTORY

2,809   available homes on the market

2,744   Last week

2,704   Two weeks ago

2,686   Three weeks ago

2,648   Four Weeks ago

2,628   Five Weeks ago

2,538   Six Weeks ago

2,443   Seven Weeks ago

2,465   Eight Weeks ago


PENDING inventory

2,663   homes currently in escrow

2,644   Last week

2,648   Two weeks ago

2,702   Three weeks ago

2,718   Four Weeks ago

2,656   Five Weeks ago

2,633   Six Weeks ago

2,622   Seven Weeks ago

2,666   Eight Weeks ago


Median Price of homes sold for the Month

August 2016: so far this month - $320,000

July 2016  -             $325,000

June 2016 -             $329,000

May 2016 -              $319,000

April 2016  -             $310,000

March 2016  -          $307,000

February 2016  -     $299,000

January 2016  -       $284,950

December 2015 -    $297,000

November -             $290,885

October -                 $290,000

September 2015 -   $290,000

August  -                 $290,000

July -                       $292,000
June  -                     $295,000
May 2015 -              $290,000
April -                       $281,000
March -                    $281,250
February-                $283,050
January 2015 -        $258,000



Closings for the month

August 2016: so far this month - 1,065
July 2016 -                   1,620
June 2016 -                  1,815
May 2016 -                   1,612
April 2016 -                   1,554
March 2016  -               1,440
February 2016  -           1,019
January 2016  -             918
December 2015 -          1,573
November -                   1,204
October -                       1,520
September -                  1,601
August 2015 -               1,660

July  -                            1,738
June -                           1,783
May 2015 -                   1,458
April -                            1,607
March -                         1,376
February-                      1,098
January 2015 -                927


 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Friday, August 19, 2016

Sacramento Real Estate Video Market Update August - September 2016



Doug Reynolds, a Sacramento Area Realtor, provides a monthly update on the market statistics.

This Month i talk about the July 2016 stats.  My prediction of inventory starting to increase has happened.  We are now in a more #PriceSensitiveSellersMarket.  More homes have come on for buyers to choose from and it has shifted the balance of power a bit closer to the middle. Due to this the median has leveled off for now.  Both an increase in inventory and leveling of the median price is "normal/Typical" for this time of year in Sacramento.

So what do you need to do as a seller to have the best success in the current market??  your house needs to show well, be priced right and have an agent that knows how to market the house correctly.  That's the formula for success.


Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Thursday, August 18, 2016

Sacramento Real Estate Market update - August 2016

Sacramento
Real Estate Update


August 2016


ó In July, the median price decreased to $322,000 compared to $329,000 in June. The median is 10.3% higher than a year ago.

ó The available housing inventory is at 1.7 months. The inventory is slowly starting to creep up a bit as we head to the end of the  traditional “buying season” in Sacramento. A “normal”or “balanced market” is considered about 2.5—3 months.

ó Since i follow the stats every single week i typically can notice trends a little sooner than most. Nearly everyone is saying ‪ Sacramento‬ is currently a HUGE sellers market, well i think due to increased inventory over the past few months that things have leveled off a little bit. The market is still leaning towards sellers but only for the homes that are priced right/show well/great marketing. The others are starting to sit and i'm seeing some price reductions as well. ‪#‎PriceSensitiveSellersMarket‬ 





CONNECT WITH DOUG REYNOLDS REAL ESTATE VIA FACEBOOKYOUTUBE, AND 
FOLLOW HIS BLOG.



CLEAR SKIES,

DOUG REYNOLDS

REALTOR

916-494-8441



         

WWW.REALESTATEWITHDOUG.COM 

Tuesday, August 16, 2016

Just Sold - 2819 Sandbrook Ct, Sacramento, CA 95826 - www.CollegeGlenRealEstate.com

#JustSold !!! 8/4/16 in my great neighborhood of #CollegeGlen in #Sacramento.  I represented the seller of this property. And it was a fun/unique process.  The seller of this home, also owned another property in the neighborhood that they wanted sold. They live out of the area so i managed the property while we got it ready to be listed (as i do nearly all my listings in College-Glen).  Talking with a seller about two different properties at the same time got tricky every once in a while.  we had to make sure we were both talking about the same house as they were both on the market at the same time, both in escrow at the same time and both closed escrow the same week to different buyers.  Always something fun and new in real estate. #SELLemBOTH #DoubleSOLD #WhichHouseWeTalkinAbout #SacramentoRealEstate











Naturally Bright & Open College-Glen home. 3 bed, 2 bath featuring an open floor plan, energy efficient w/ dual pane windows, whole house fan, newer HVAC/water heater/roof. Tucked away in a private cul de sac, there are original wood floors under the majority of the carpet just waiting to be refinished & showcased. Floorplan great for entertaining year round either inside or on the back patio. Easy access to American river/bike trail, Bancroft Elem, Oki park/pool, shops, Sac State & downtown.



For More information: www.CollegeGlenRealEstate.com 

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441



         



Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 8/16/2016

I'm a stats geek and love analyzing the Sacramento Real Estate market numbers, so...

Every Tuesday i provide a quick snapshot of what's going on with the market.  Call/Email/Text/or leave a comment below if you have any questions or opinions...



ACTIVE INVENTORY

2,744   available homes on the market

2,704   Last week

2,686   Two weeks ago

2,648   Three weeks ago

2,628   Four Weeks ago

2,538   Five Weeks ago

2,443   Six Weeks ago

2,465   Seven Weeks ago

2,367   Eight Weeks ago


PENDING inventory

2,644   homes currently in escrow

2,648   Last week

2,702   Two weeks ago

2,718   Three weeks ago

2,656   Four Weeks ago

2,633   Five Weeks ago

2,622   Six Weeks ago

2,666   Seven Weeks ago

2,687   Eight Weeks ago


Median Price of homes sold for the Month

August 2016: so far this month - $323,900

July 2016  -             $325,000

June 2016 -             $329,000

May 2016 -              $319,000

April 2016  -             $310,000

March 2016  -          $307,000

February 2016  -     $299,000

January 2016  -       $284,950

December 2015 -    $297,000

November -             $290,885

October -                 $290,000

September 2015 -   $290,000

August  -                 $290,000

July -                       $292,000
June  -                     $295,000
May 2015 -              $290,000
April -                       $281,000
March -                    $281,250
February-                $283,050
January 2015 -        $258,000



Closings for the month

August 2016: so far this month - 685
July 2016 -                   1,620
June 2016 -                  1,815
May 2016 -                   1,612
April 2016 -                   1,554
March 2016  -               1,440
February 2016  -           1,019
January 2016  -             918
December 2015 -          1,573
November -                   1,204
October -                       1,520
September -                  1,601
August 2015 -               1,660

July  -                            1,738
June -                           1,783
May 2015 -                   1,458
April -                            1,607
March -                         1,376
February-                      1,098
January 2015 -                927


 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Friday, August 12, 2016

Just Listed For Sale - 7327 La Tour Dr, Sacramento Ca 95842 - www.RealEstateWithDoug.com

For Sale:

7327 La Tour Dr
Sacramento Ca 95842

$195,000

2 beds, 1 bath, 838 square feet, 0.1377 acre lot

Charming 2 bed, 1 bath home. Open & naturally bright great room with vaulted ceilings provides a wonderful area for living room, dining & kitchen. This adorable property features a remodeled bathroom, master bedroom walk-in closet, indoor laundry room, large pantry closet & two car garage. Updated kitchen looks out to the back patio, perfect for outdoor entertaining. Next to neighborhood park & easy access to shops, freeway, dining & airport. Roof in good condition plus two year roof cert.

VIRTUAL TOUR





For More information: www.RealEstateWithDoug.com 

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441