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Tuesday, February 21, 2017

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 2/21/2017

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
1,367   AVAILABLE HOMES ON THE MARKET
1,374   LAST WEEK
1,341   TWO WEEKS AGO
1,356   THREE WEEKS AGO
1,307   FOUR WEEKS AGO
1,429   FIVE WEEKS AGO
1,431   SIX WEEKS AGO
1,386   SEVEN WEEKS AGO
1,520   EIGHT WEEKS AGO

PENDING INVENTORY
1,859   HOMES CURRENTLY IN ESCROW
1,784   LAST WEEK
1,755   TWO WEEKS AGO
1,703   THREE WEEKS AGO
1,659   FOUR WEEKS AGO
1,585   FIVE WEEKS AGO
1,549   SIX WEEKS AGO
1,579   SEVEN WEEKS AGO
1,864   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
FEBRUARY 2017: SO FAR THIS MONTH - $321,000
JANUARY 2017  -              $305,000
DECEMBER 2016:  -          $315,000
NOVEMBER 2016 -           $325,000
OCTOBER 2016 -              $321,000
SEPTEMBER 2016 -          $318,500
AUGUST 2016 -                 $324,000
JULY 2016  -                      $322,000
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

CLOSINGS FOR THE MONTH
FEBRUARY 2017: SO FAR THIS MONTH - 547
JANUARY 2017 -              1,101
DECEMBER 2016 -          1,530
NOVEMBER 2016 -          1,434
OCTOBER 2016 -             1,584
SEPTEMBER 2016 -         1,647
AUGUST 2016 -                1,799
JULY 2016 -                      1,622
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


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Saturday, February 18, 2017

Sacramento Real Estate Video Market Update February - March 2017



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

In January, the median price decreased to $305,000 compared to $315,000 in December.

More importantly,  the median is 7.1% higher than a year ago.

Currently there is 1.3 months worth of inventory.  I expect that number to increase more as we approach the spring/summer seasons but not drastically.  A “normal” or “balanced market” is considered around 2.5— 3 months.

The homes that are priced right, show well and have a high quality marketing plan are getting sold quickly.  However, the properties that are over priced are sitting with little activity until the list price is in line with the true market value.  The overpriced properties are having price reductions to try and get more attention.

I’m calling it a “price sensitive sellers market.”


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Tuesday, February 14, 2017

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 2/14/2017

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
1,374   AVAILABLE HOMES ON THE MARKET
1,341   LAST WEEK
1,356   TWO WEEKS AGO
1,307   THREE WEEKS AGO
1,429   FOUR WEEKS AGO
1,431   FIVE WEEKS AGO
1,386   SIX WEEKS AGO
1,520   SEVEN WEEKS AGO
1,644   EIGHT WEEKS AGO

PENDING INVENTORY
1,784   HOMES CURRENTLY IN ESCROW
1,755   LAST WEEK
1,703   TWO WEEKS AGO
1,659   THREE WEEKS AGO
1,585   FOUR WEEKS AGO
1,549   FIVE WEEKS AGO
1,579   SIX WEEKS AGO
1,864   SEVEN WEEKS AGO
1,993   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
FEBRUARY 2017: SO FAR THIS MONTH - $320,000
JANUARY 2017  -              $305,000
DECEMBER 2016:  -          $315,000
NOVEMBER 2016 -           $325,000
OCTOBER 2016 -              $321,000
SEPTEMBER 2016 -          $318,500
AUGUST 2016 -                 $324,000
JULY 2016  -                      $322,000
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

CLOSINGS FOR THE MONTH
FEBRUARY 2017: SO FAR THIS MONTH - 314
JANUARY 2017 -              1,101
DECEMBER 2016 -          1,530
NOVEMBER 2016 -          1,434
OCTOBER 2016 -             1,584
SEPTEMBER 2016 -         1,647
AUGUST 2016 -                1,799
JULY 2016 -                      1,622
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


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Thursday, February 9, 2017

Sacramento Real Estate Explained: What is a Sewer Inspection



Hi, I'm Doug Reynolds.
I'm a Realtor in the Greater Sacramento Area and have been a full time agent since 2006.

In This Video, i talk about what a sewer inspection is, why you might want to have one done, and how it works. Over the years i've seen some pretty wild stuff in sewer lines and noone had any idea what was going on until that inspection occurred.  It's a pretty cool and incredible process.

So, take a look at the video to understand the ins and outs of sewer inspections.
PS - not all sewer inspection companies are good. contact me for a quality recommendation.


This video should provide great info if you are getting close to buying or selling and want to educate yourself.

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


clear skies,

Doug Reynolds

Realtor

916-494-8441


 Doug Reynolds Real Estate YouTube Channel    Sacramento Real Estate Blog - Doug Reynolds Realtor    Doug Reynolds Real Estate - Facebook    Doug Reynolds Real Estate - Google+

Tuesday, February 7, 2017

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 2/7/2017

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
1,341   AVAILABLE HOMES ON THE MARKET
1,356   LAST WEEK
1,307   TWO WEEKS AGO
1,429   THREE WEEKS AGO
1,431   FOUR WEEKS AGO
1,386   FIVE WEEKS AGO
1,520   SIX WEEKS AGO
1,644   SEVEN WEEKS AGO
1,789   EIGHT WEEKS AGO

PENDING INVENTORY
1,755   HOMES CURRENTLY IN ESCROW
1,703   LAST WEEK
1,659   TWO WEEKS AGO
1,585   THREE WEEKS AGO
1,549   FOUR WEEKS AGO
1,579   FIVE WEEKS AGO
1,864   SIX WEEKS AGO
1,993   SEVEN WEEKS AGO
2,089   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
February 2017: so far this month - $325,000
JANUARY 2017  -              $305,000
DECEMBER 2016:  -          $315,000
NOVEMBER 2016 -           $325,000
OCTOBER 2016 -              $321,000
SEPTEMBER 2016 -          $318,500
AUGUST 2016 -                 $324,000
JULY 2016  -                      $322,000
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

CLOSINGS FOR THE MONTH
February 2017: so far this month - 101
JANUARY 2017 -              1,092
DECEMBER 2016 -          1,527
NOVEMBER 2016 -          1,434
OCTOBER 2016 -             1,584
SEPTEMBER 2016 -         1,647
AUGUST 2016 -                1,799
JULY 2016 -                      1,622
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


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441 

Tuesday, January 31, 2017

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 1/31/2017

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
1,356   AVAILABLE HOMES ON THE MARKET
1,307   LAST WEEK
1,429   TWO WEEKS AGO
1,431   THREE WEEKS AGO
1,386   FOUR WEEKS AGO
1,520   FIVE WEEKS AGO
1,644   SIX WEEKS AGO
1,789   SEVEN WEEKS AGO
1,961   EIGHT WEEKS AGO

PENDING INVENTORY
1,703   HOMES CURRENTLY IN ESCROW
1,659   LAST WEEK
1,585   TWO WEEKS AGO
1,549   THREE WEEKS AGO
1,579   FOUR WEEKS AGO
1,864   FIVE WEEKS AGO
1,993   SIX WEEKS AGO
2,089   SEVEN WEEKS AGO
2,134   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
JANUARY 2017: SO FAR THIS MONTH - $307,000
DECEMBER 2016:  -          $315,000
NOVEMBER 2016 -           $325,000
OCTOBER 2016 -              $321,000
SEPTEMBER 2016 -          $318,500
AUGUST 2016 -                 $324,000
JULY 2016  -                      $322,000
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

CLOSINGS FOR THE MONTH
JANUARY 2017: SO FAR THIS MONTH - 945
DECEMBER 2016: -         1,527
NOVEMBER 2016 -          1,434
OCTOBER 2016 -             1,584
SEPTEMBER 2016 -        1,647
AUGUST 2016 -               1,799
JULY 2016 -                     1,622
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


CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,

Doug Reynolds

Realtor

916-494-8441