Sacramento Real Estate Video Market Update December 2016 - January 2017

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

In November, the median price increased to $325,000 compared to $321,000 in October. More importantly,  the median is 11.7% higher than a year ago.

The available housing inventory is at 1.4 months. Inventory typically tapers off during the Winter months and then increases again in the Spring. A “normal”or “balanced market” is considered about 2—3 months.

The market is leaning towards sellers but only for the homes that are priced right/show well/great marketing.  Those properties are receiving multiple offers at or above list price.  The others are sitting and having price reductions. ‪#‎PriceSensitiveSellersMarket‬

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

clear skies,

Doug Reynolds

Realtor

916-494-8441 

      

www.RealEstateWithDoug.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/27/2016

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

1,520   AVAILABLE HOMES ON THE MARKET

1,644   LAST WEEK

1,789   TWO WEEKS AGO

1,961   THREE WEEKS AGO

1,998   FOUR WEEKS AGO

2,158   FIVE WEEKS AGO

2,263   SIX WEEKS AGO

2,358   SEVEN WEEKS AGO

2,452   EIGHT WEEKS AGO

PENDING INVENTORY

1,864   HOMES CURRENTLY IN ESCROW

1,993   LAST WEEK

2,089   TWO WEEKS AGO

2,134   THREE WEEKS AGO

2,278   FOUR WEEKS AGO

2,251   FIVE WEEKS AGO

2,303   SIX WEEKS AGO

2,296   SEVEN WEEKS AGO

2,350   EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH

DECEMBER 2016: SO FAR THIS MONTH - $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

MAY 2015 -                         $290,000

CLOSINGS FOR THE MONTH
DECEMBER 2016: SO FAR THIS MONTH - 1,074
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
MAY 2015 -                         1,458

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

clear skies,

Doug Reynolds

Realtor

916-494-8441 

      

www.RealEstateWithDoug.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 12/13/2016

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

1,789   available homes on the market

1,961   Last week

1,998   Two weeks ago

2,158   Three weeks ago

2,263   Four Weeks ago

2,358   Five Weeks ago

2,452   Six Weeks ago

2,589   Seven Weeks ago

2,599   Eight Weeks ago

PENDING inventory

2,089   homes currently in escrow

2,134   Last week

2,278   Two weeks ago

2,251   Three weeks ago

2,303   Four Weeks ago

2,296   Five Weeks ago

2,350   Six Weeks ago

2,465   Seven Weeks ago

2,517   Eight Weeks ago

Median Price of homes sold for the Month

December 2016: so far this month - $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

May 2015 -                         $290,000

Closings for the month
December 2016: so far this month - 441
November 2016 -          1,414
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
May 2015 -                         1,458

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

clear skies,

Doug Reynolds

Realtor

916-494-8441 

      

www.RealEstateWithDoug.com

Just Sold - 906 Athan Ave, Roseville Ca 95678 - www.RealEstateWithDoug.com

#JustSold 11/22/2016 in Roseville, Ca.  I represented the seller of this great house. In fact, i helped him buy the house back in 2008.  Always fun and rewarding when you have known a client for so long that you represent them years later on the same house.  My client did a great job of listening to my direction on getting the house ready.  it showed great, my photographer did an awesome job and the market responded really well.  we had 6 offers and got it sold well above the list price. #HappySeller #SacramentoRealEstate #FollowAplan

Beds: 3*

Baths: 2 (2 0) (FH)*

Sq Ft: 1337*

Lot Sz: 0.1597ac*

Lovely Roseville home with an open & bright floorplan. 3 beds, 2 baths, 1,337 square feet plus a two car garage & spacious lot. Extra wide, updated galley kitchen has tons of storage & counter space, formal dining area, huge living room with fireplace & bay window, updated bathrooms, ceiling fans throughout, dual pane windows & backyard patio for outdoor entertaining. This beautiful home is quietly tucked away but still only minutes to shops, schools, parks, dining & downtown Roseville.

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

clear skies,
Doug Reynolds
Realtor
916-494-8441 

      

www.RealEstateWithDoug.com

Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 11/29/2016

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

1,998   available homes on the market
2,158   Last week
2,263   Two weeks ago
2,358   Three weeks ago
2,452   Four Weeks ago
2,589   Five Weeks ago
2,599   Six Weeks ago
2,646   Seven Weeks ago
2,660   Eight Weeks ago

PENDING inventory

2,278   homes currently in escrow
2,251   Last week
2,303   Two weeks ago
2,296   Three weeks ago
2,350   Four Weeks ago
2,465   Five Weeks ago
2,517   Six Weeks ago
2,521   Seven Weeks ago
2,487   Eight Weeks ago

Median Price of homes sold for the Month

November 2016: so far this month - $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
May 2015 -              $290,000
April -                       $281,000

Closings for the month

November 2016: so far this month - 1,149

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
May 2015 -                   1,458
April -                            1,607

 

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

clear skies,

Doug Reynolds

Realtor

916-494-8441 

      

www.RealEstateWithDoug.com

Sacramento Real Estate Video Market Update November - December 2016

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

In October, the median price increased to $321,000 compared to $318,500 in September. More importantly,  the median is 10.7% higher than a year ago.

The available housing inventory is at 1.6 months. Inventory typically tapers off during the Fall/Winter months and then increases again in the Spring/Summer. A “normal”or “balanced market” is considered about 2—3 months.

Due to traditional buyer slowdown at this time of year, the market is finding some balance. The market is still leaning towards sellers but only for the homes that are priced right/show well/great marketing. The others are sitting and having price reductions. ‪#‎PriceSensitiveSellersMarket‬


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

clear skies,

Doug Reynolds

Realtor

916-494-8441 

      

www.RealEstateWithDoug.com