Facebook Live 8/30/17 - Sacramento Real Estate Info For Buyers and Sellers

This is taken from Facebook Live video from Doug Reynolds Real Estate. Some relevant info for today's market. What buyers should be doing and what sellers should be looking for when there's multiple offers.

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 8/29/2017

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

2,437   AVAILABLE HOMES ON THE MARKET

2,423   LAST WEEK

2,418   TWO WEEKS AGO

2,364   THREE WEEKS AGO

2,295   FOUR WEEKS AGO

2,224   FIVE WEEKS AGO

2,161  SIX WEEKS AGO

2,084  SEVEN WEEKS AGO

1,957   EIGHT WEEKS AGO

PENDING INVENTORY
2,272   HOMES CURRENTLY IN ESCROW

2,279   LAST WEEK

2,257   TWO WEEKS AGO

2,224   THREE WEEKS AGO

2,201   FOUR WEEKS AGO

2,307   FIVE WEEKS AGO

2,337   SIX WEEKS AGO

2,332   SEVEN WEEKS AGO

2,363   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH

AUGUST: SO FAR THIS MONTH - $350,000
JULY 2017-                        $355,000
JUNE 2017-                       $347,250 

MAY 2017 -                        $345,000

APRIL 2017  -                    $329,500

MARCH 2017  -                 $328,000

FEBRUARY 2017   -          $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

CLOSINGS FOR THE MONTH

AUGUST: SO FAR THIS MONTH - 1,347
JULY 2017 -                       1,478
JUNE 2017 -                      1,824
MAY 2017 -                        1,691
APRIL 2017  -                    1,512
MARCH 2017   -                1,407
FEBRUARY 2017  -           1,004
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

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

Sacramento Real Estate Video Market Update August - September 2017

In July, the median price increased to $354,700 compared to $347,250 in June.

More importantly,  the median is 10.2% higher than a year ago.

Currently there is 1.5 months worth of inventory.  I expect that number to increase more as we approach the summer season 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 Doug Reynolds Real Estate via Facebook, YouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 8/22/2017

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

2,423   AVAILABLE HOMES ON THE MARKET

2,418   LAST WEEK

2,364   TWO WEEKS AGO

2,295   THREE WEEKS AGO

2,224   FOUR WEEKS AGO

2,161   FIVE WEEKS AGO

2,084  SIX WEEKS AGO

1,957  SEVEN WEEKS AGO

1,982   EIGHT WEEKS AGO

PENDING INVENTORY
2,279   HOMES CURRENTLY IN ESCROW

2,257   LAST WEEK

2,224   TWO WEEKS AGO

2,201   THREE WEEKS AGO

2,307   FOUR WEEKS AGO

2,337   FIVE WEEKS AGO

2,332   SIX WEEKS AGO

2,363   SEVEN WEEKS AGO

2,440   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH

AUGUST: SO FAR THIS MONTH - $350,900
JULY 2017-                        $355,000
JUNE 2017-                       $347,250 

MAY 2017 -                        $345,000

APRIL 2017  -                    $329,500

MARCH 2017  -                 $328,000

FEBRUARY 2017   -          $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

CLOSINGS FOR THE MONTH

AUGUST: SO FAR THIS MONTH - 954
JULY 2017 -                       1,478
JUNE 2017 -                      1,824
MAY 2017 -                        1,691
APRIL 2017  -                    1,512
MARCH 2017   -                1,407
FEBRUARY 2017  -           1,004
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

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

Sacramento Real Estate Market update - August 2017

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 8/15/2017

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

2,418   AVAILABLE HOMES ON THE MARKET

2,364   LAST WEEK

2,295   TWO WEEKS AGO

2,224   THREE WEEKS AGO

2,161   FOUR WEEKS AGO

2,084   FIVE WEEKS AGO

1,957  SIX WEEKS AGO

1,982   SEVEN WEEKS AGO

1,921   EIGHT WEEKS AGO

PENDING INVENTORY
2,257   HOMES CURRENTLY IN ESCROW

2,224   LAST WEEK

2,201   TWO WEEKS AGO

2,307   THREE WEEKS AGO

2,337   FOUR WEEKS AGO

2,332   FIVE WEEKS AGO

2,363   SIX WEEKS AGO

2,440   SEVEN WEEKS AGO

2,446   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH

AUGUST: SO FAR THIS MONTH - $357,500
JULY 2017-                        $355,000
JUNE 2017-                       $347,250 

MAY 2017 -                        $345,000

APRIL 2017  -                    $329,500

MARCH 2017  -                 $328,000

FEBRUARY 2017   -          $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

CLOSINGS FOR THE MONTH

AUGUST: SO FAR THIS MONTH - 588
JULY 2017 -                       1,478
JUNE 2017 -                      1,824
MAY 2017 -                        1,691
APRIL 2017  -                    1,512
MARCH 2017   -                1,407
FEBRUARY 2017  -           1,004
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

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

clear skies,

Doug Reynolds

Realtor

916-494-8441