Sacramento County Listing and Sales Statistics for March 2016

Myrl our numbers are similar inventory down, prices up and sales down and pending up... it must be universal, Endre

Hi Myrl, excellent report on Sacramento County. Endre Barath, Jr. sums it up well.

It is a huge drop in the inventory, even seems in March we expect to see more listings coming for sale.

 Good morning Myrl Jeffcoat . It seems as if you are suffering from a bad case of thinventory  as well.

Families on the move will appreciate your local market statistics.

Hi Myrl -- I hope those April showers in Sacramento will sprout some new listings very soon.   Like other communities across the country --- inventory of available properties for sale remains a concern.  

Myrl, The number of homes sold went down in March but I suspect this is amore a function of the available listings falling each month. 

Myrl, It seems the market is getting more challenging and that means it is more important than ever for buyers to align themselves with a good agent like you.

Myrl hope the inventory increases so the sales can increase as well.

Myrl, I like your point you make about being a great time to buy if you can find a suitbale home. 

Hi, Myrl...it does look like inventory, meaning the lack of it, is probably a problem in your market. I hope the listings pick up. 

You forgot to mention, Myrl, that our median sales price is now $305, which is up from $280K in January and $298K in February. On top of few homes for sale in Sacramento, home buyers are now in danger of getting priced out of the market!! My own listing inventory is cut about in half for this time of year.

Myrl, I just read Elizabeth's comment above. Prices are increasing quickly and she is correct some potential buyers will get priced out of the market. That has happened here but certainly at lower price levels than you folks. 

Myrl Jeffcoat Your area as well as so many other areas have similar problem with low inventory,  Let's hope that the spring market grows more listings along with the flowers.

Myrl, We hope you are having an excellent week and enjoying life. 

Hi Myrl Jeffcoat your short and to the point report is good and for it to be better your insight about the statistics should be at least 300 words for it to be picked up and ranked through search.  The search engines put less emphasis on posts less than that 300 word threshold.  Images that contain words are not counted as words but as images.  Keep up the great work and let us know more of what you think about your statistics.

Hello Myrl ...

Thanks for the update around your area and have a great day!