Informational Videos

Loading...

Friday, May 22, 2015

Sacramento Real Estate Video Market Update May - June 2015



Doug Reynolds, a Sacramento Area Realtor, discusses the most recent market stats from Sacramento County.

Also, this month Doug talks about the "price sensitive sellers market" that is currently going on in the Sacramento area.  Most properties are selling quickly with multiple offers above list price, however those that don't show well or are a little over priced are sitting on the market with little action.  

Also, although the inventory is fairly tight in most areas, we are starting to see buyers having more success now that a lot of buyers have purchased in the last month or two to remove themselves from the competition field.


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


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Wednesday, May 20, 2015

Sacramento Real Estate Market update - May2015

Sacramento
Real Estate Update


May 2015


ó In April 2015, the median price slightly decreased from $281,250 to $281,000.  The median is 5.2% higher than one year ago.
ó The available housing inventory is at 1.6 months. I expect that number to increase a bit as we approach the summer selling       season. A “normal”or “balanced market” has been redefined over the past decade & is now considered about 3 months.
ó The homes that are priced right, show well and have a high quality marketing plan are getting sold FAST.  The spring market is off to a blazing hot start that is favoring sellers with multiple offers above list prices.  However, it’s a price sensitive sellers market right now. The overpriced properties are having price reductions to try and get more attention.  This market is similar to the hot sellers market we saw in the first half of 2013.  That year, an unexpected jump in interest rates caused things to cool down.




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



CLEAR SKIES,

DOUG REYNOLDS

REALTOR

916-494-8441



         

Tuesday, May 19, 2015

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 5/19/2015

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

2,551   available homes on the market
2,469   Last week
2,390   Two weeks ago
2,373   Three weeks ago
2,357   Four Weeks ago
2,288   Five Weeks ago


PENDING inventory

2,621   homes currently in escrow
2,599   Last week
2,536   Two weeks ago
2,539   Three weeks ago
2,513   Four Weeks ago
2,468   Five Weeks ago


Median Price of homes sold for the Month

May: so far this month - $288,000
April -               $285,000
March -             $281,250
February-          $283,050
January -          $258,000
December -       $268,000
November -       $265,000
October -           $272,000
September -      $275,000
August -            $270,000



Closings for the month

May - so far this month: 722

April -            1,606
March -          1,376
February-      1,098
January -       927
December -  1,313
November -  1,081
October -     1,375
September - 1,396
August   -     1,428




Connect with me via FacebookYouTube, and Follow my Blog.

clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Tuesday, May 12, 2015

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 5/12/2015

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

2,469   available homes on the market
2,390   Last week
2,373   Two weeks ago
2,357   Three weeks ago
2,288   Four Weeks ago
2,235   Five Weeks ago


PENDING inventory

2,599   homes currently in escrow
2,536   Last week
2,539   Two weeks ago
2,513   Three weeks ago
2,468   Four Weeks ago
2,385   Five Weeks ago


Median Price of homes sold for the Month

May: so far this month - $280,000
April -               $285,000
March -             $281,250
February-          $283,050
January -          $258,000
December -       $268,000
November -       $265,000
October -           $272,000
September -      $275,000
August -            $270,000



Closings for the month

May - so far this month: 369
April -            1,606
March -          1,376
February-      1,098
January -       927
December -  1,313
November -  1,081
October -     1,375
September - 1,396
August   -     1,428




Connect with me via FacebookYouTube, and Follow my Blog.

clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Monday, May 11, 2015

JUST SOLD - 2900 Kerria Way, Sacramento, CA 95821 - www.RealEstateWithDoug.com - Doug Reynolds Real Estate

Just Sold!!! 5-5-2015 in Sacramento.  Congrats to my seller client.  I helped her purchase this home in 2008.  Since then she has taken great care of it and put lots of pride into the yards as well.  But now it was time to move onto the next chapter of life.  I'm always very honored to help a client sell a property that i previously helped them purchase years before.  So congrats Kathy and i wish you a wonderful next chapter of life!


Adorable & naturally bright Rancher. This beautiful home features 3 beds, 1.5 baths, 1283 sq ft & a large lot on a private street. Energy efficient house w/ dual pane windows, ceiling fans, newer HVAC & roof. Recently refinished hardwood floors, formal dining area & a covered patio is perfect for outdoor entertaining. Ample storage w/ 2 car garage & a tool shed. Central location to shops, transportation, schools & parks. This wonderful property is ready for a new owner to call home. FHA / VA ok.


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

clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Tuesday, May 5, 2015

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 5/5/2015

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

2,390   available homes on the market
2,373   Last week
2,357   Two weeks ago
2,288   Three weeks ago
2,235   Four Weeks ago
2,213   Five Weeks ago


PENDING inventory

2,536   homes currently in escrow
2,539   Last week
2,513   Two weeks ago
2,468   Three weeks ago
2,385   Four Weeks ago
2,422   Five Weeks ago


Median Price of homes sold for the Month

April: so far this month - $285,000
March -             $281,250
February-          $283,050
January -          $258,000
December -       $268,000
November -       $265,000
October -           $272,000
September -      $275,000
August -            $270,000



Closings for the month

April - so far this month: 1,555
March -          1,376
February-      1,098
January -       927
December -  1,313
November -  1,081
October -     1,375
September - 1,396
August   -     1,428




Connect with me via FacebookYouTube, and Follow my Blog.

clear skies,
Doug Reynolds
Realtor
916-494-8441