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Thursday, December 31, 2015

Interesting World of Sacramento Real Estate - 12/31/2015

Since i became a full time Sacramento Real Estate agent, i have seen and heard many strange/funny/odd/weird/interesting things.  A lot of times i get to see things many people would not in their job since i am inside of so many homes and interacting with some many different people from all walks of life.  Here's a quick look at my latest interesting "thing."

#InterestingWorldofRealEstate: This week i came across this sign in my neighborhood of #CollegeGlen .  Some info has been blurred out to protect the innocent (or maybe guilty). I just can't believe the lack of marketing here.  Is it coming soon or is it available now?  Are you trying to rent it or do you want to sell it?  This sign has actually been up for weeks, if not months.  SO my guess is that they forgot to take the coming soon rider off and then since they couldn't get it leased out they are now trying to sell it...IDK. 
#Sacramento #SacramentoRealEstate #WhatShouldWeDo #LetsTryEverything 







CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Tuesday, December 29, 2015

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/29/2015

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
1,701   available homes on the market

1,799   Last week

1,931   Two weeks ago

2,048   Three weeks ago

2,061   Four Weeks ago

2,231   Five Weeks ago

2,329   Six Weeks ago


PENDING inventory
1,772   homes currently in escrow

1,869   Last week

2,020   Two weeks ago

2,139   Three weeks ago

2,251   Four Weeks ago

2,365   Five Weeks ago

2,405   Six Weeks ago



Median Price of homes sold for the Month

December: so far this month - $299,500

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
December 2014 -    $268,000
November -              $265,000
October -                  $272,000



Closings for the month


December: so far this month - 1,195
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
December 2014 -          1,313
November -                   1,081
October 2014 -              1,375


 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Tuesday, December 22, 2015

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/22/2015

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
1,799   available homes on the market

1,931   Last week

2,048   Two weeks ago

2,061   Three weeks ago

2,231   Four Weeks ago

2,329   Five Weeks ago

2,487   Six Weeks ago


PENDING inventory
1,869   homes currently in escrow

2,020   Last week

2,139   Two weeks ago

2,251   Three weeks ago

2,365   Four Weeks ago

2,405   Five Weeks ago

2,285   Six Weeks ago



Median Price of homes sold for the Month

December: so far this month - $300,000

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
December 2014 -    $268,000
November -              $265,000
October -                  $272,000



Closings for the month


December: so far this month - 990
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
December 2014 -          1,313
November -                   1,081
October 2014 -              1,375


 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Thursday, December 17, 2015

Sacramento Real Estate Video Market Update December 2015 - January 2016




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

Sacramento is typically a cyclical market so the volume of sales has tapered off as we go to close the year.  Totally normal and expected.

If you're a buyer out there, as we turn the calendar to 2016, more homes will start popping up on the market as we thaw out from the winter and progress to the spring market.  Hang in there, more and better options are coming.


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


clear skies,

Doug Reynolds

Realtor

916-494-8441



         

Tuesday, December 15, 2015

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/15/2015

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
1,931   available homes on the market

2,048   Last week

2,061   Two weeks ago

2,231   Three weeks ago

2,329   Four Weeks ago

2,487   Five Weeks ago

2,547   Six Weeks ago


PENDING inventory
2,020   homes currently in escrow

2,139   Last week

2,251   Two weeks ago

2,365   Three weeks ago

2,405   Four Weeks ago

2,285   Five Weeks ago

2,188   Six Weeks ago



Median Price of homes sold for the Month

December: so far this month - $290,000

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
December 2014 -    $268,000
November -              $265,000
October -                  $272,000



Closings for the month


December: so far this month - 578
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
December 2014 -          1,313
November -                   1,081
October 2014 -              1,375




 

CONNECT WITH ME VIA FACEBOOKYOUTUBE, AND FOLLOW MY BLOG.



clear skies,
Doug Reynolds
Realtor
916-494-8441
 

         

Monday, December 14, 2015

Sacramento Real Estate Market update - December 2015

Sacramento
Real Estate Update


December  2015


ó In November, the median price increased to $290,885 compared to $290,000 in Oct. 15. The median is 9.8% higher than a year ago.

ó The available housing inventory is at 1.8 months. I expect that number to increase a bit as we approach turn the calendar to 2016. A “normal”or “balanced market” has been redefined over the past decade & is now considered about 3 months.

ó It’s a price sensitive market right now.  The homes that are priced right, show well and have a high quality marketing plan are getting sold.   The overpriced properties are having price reductions to try and get more attention. The summer market was strong with balance for both buyers and sellers but Sacramento is typically a cyclical market.  So, the volume of sales and pricing will most likely taper off a little bit in the winter.





CONNECT WITH DOUG REYNOLDS REAL ESTATE VIA FACEBOOKYOUTUBE, AND 


FOLLOW HIS BLOG.



CLEAR SKIES,

DOUG REYNOLDS

REALTOR

916-494-8441