Tale of Two Markets - Sacramento Real Estate update in Winter 2015/16

Doug Reynolds, a Sacramento Area Realtor, discusses the current real estate market in Sacramento:

A "Tale of Two Markets" I call it.  There's an interesting dynamic going on in the Sacramento Real Estate Market right now.  Properties are either being sold for at or above list price within a few days of hitting the market with multiple offers OR they are sitting for a long time with very little activity and having to do price reductions to chase the market.  There's not a whole lot going on in the middle right now.

Check out the video for a bit more detailed info.


PS - Sorry, the audio near the end starts to get off a bit.  I have no idea why other than technology just sucks some times.  Thanks for pushing through :-)

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Interesting World of Sacramento Real Estate - 11/27/2015

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 wanted to share some photos from a house i showed in my neighborhood of #CollegeGlen.  This was about a year ago but a very interesting/cool feature i had never seen before.  The house backed up to the HWY 50 so there was an extremely large sound barrier/block wall in the backyard.  The prior owner was an avid rock climber.  They installed indoor rocking climbing holds on the large wall.  This turned the wall into a feature for fun and exercise, for all ages.  If my daughter had been with us, she would have stayed out there all day.  A really fun "thing" i wanted to share this week.  #BelayEquipmentIncluded #3bed2bathWithaRockClimbingWall #Sacramento #SacramentoRealEstate 

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 11/24/2015

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

2,231   available homes on the market

2,329   Last week

2,487   Two weeks ago

2,547   Three weeks ago

2,670   Four Weeks ago

2,715   Five Weeks ago

2,721   Six Weeks ago

PENDING inventory
2,365   homes currently in escrow

2,405   Last week

2,285   Two weeks ago

2,188   Three weeks ago

2,276   Four Weeks ago

2,254   Five Weeks ago

2,229   Six Weeks ago



Median Price of homes sold for the Month
November: so far this month - $293,000

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

November: so far this month - 800
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 FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Video Market Update November - December 2015

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

The stats have been pretty stead for the past few months but right now the market is split in half, some sellers are sitting on the market with no offers and other sellers are getting their home sold for top dollar right when they come on the market. 

Sacramento is typically a cyclical market so the volume of sales and pricing will most likely taper off a little bit in the fall/winter. 

Find out why it's not a bad thing to be a buyer in the market right now.  And also how you can have success as a seller during the slower winter months.


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

clear skies,

Doug Reynolds

Realtor

916-494-8441

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Sacramento Real Estate Market update - November 2015

Sacramento

Real Estate Update

November 2015

ó In October, the median price stayed the same at $290,000 compared to Sept. 2015. The median is 6.6% higher than one year ago.

ó The available housing inventory is at 1.8 months. I expect that number to increase a bit as we approach the winter.                           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 FACEBOOK, YOUTUBE, AND 


FOLLOW HIS BLOG.

CLEAR SKIES,

DOUG REYNOLDS

REALTOR

916-494-8441

         

WWW.REALESTATEWITHDOUG.COM

WWW.COLLEGEGLENREALESTATE.COM

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 11/17/2015

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

2,329   available homes on the market

2,487   Last week

2,547   Two weeks ago

2,670   Three weeks ago

2,715   Four Weeks ago

2,721   Five Weeks ago

2,739   Six Weeks ago

PENDING inventory
2,405   homes currently in escrow

2,285   Last week

2,188   Two weeks ago

2,276   Three weeks ago

2,254   Four Weeks ago

2,229   Five Weeks ago

2,214   Six Weeks ago



Median Price of homes sold for the Month
November: so far this month - $288,000

October -                 $290,000

September 2015 -   $293,000

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

November: so far this month - 463
October -                       1,461
September -                  1,285
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 FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Interesting World of Real Estate - 11/12/2015

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 it's just a very odd thing.  I was recently showing property in #Carmichael and my client and i were heading into a vacant property.  We first walked into the kitchen and then we went down the hall and turned the corner to see this.  So weird to see a dirty/rust shovel in the corner of a bright lime green room.  I felt it was so odd i just had to snap a picture.  By the way, this house has been on the market for over 6 months and is over priced.  Huh?  That's weird the #ShovelStaging is not getting it sold.  Not to mention there was also about 7 different types of flooring in the 1100 square foot house.  #Sacramento #SacramentoRealEstate 

CONNECT WITH ME VIA FACEBOOK, YOUTUBE, AND FOLLOW MY BLOG.

clear skies,

Doug Reynolds

Realtor
916-494-8441 

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

Just Listed For Sale - 2829 Roxanne Ct, Sacramento Ca 95826 - www.CollegeGlenRealEstate.com

For Sale:

2829 Roxanne Ct
Sacramento, Ca 95826

3 beds, 2 baths, 1310 square feet

$299,500

Beautifully Updated and Remodeled College-Glen home.  Corner lot house with 3 beds, 2 baths and over 1300 square feet on a great street. Updated Kitchen with granite countertops and breakfast nook/bar opens to both the dining area and the family room. A great layout for all occasions of entertaining or snuggling up by the fireplace in the separate living room. Remodeled, designer bathrooms. Turn-key ready including ceiling fans, full dual pane windows, freshly painted interior and smooth ceilings.  Spacious backyard features a shaded patio and raised garden beds. Easy access to Oki park, Bancroft Elementary school, HWY 50, American River/bike trail, Sac State, lightrail and many shops/restaurants. FHA and VA ok.

Virtual Tour

For More information: www.CollegeGlenRealEstate.com 

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

         

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com