Sacramento County Listing and Sales Statistics for December 2016

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Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -11.9% decrease in number of homes listed FOR SALE in December 2016 vs. the same month a year ago.

For the same period there was a -9.7% decrease in homes SOLD, while Pending Sales increased 25.7%. 

Interest rates remain reasonably low.  For those able to find suitable homes, it's a GREAT time to buy.

http://www.myrljeffcoat.com

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Rainmaker
3,913,765
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is good information for home buyers and sellers in your area. Thanks for sharing.

Jan 07, 2017 04:17 AM #1
Rainmaker
2,588,036
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good to see the pending sales up, it was similar here as November we saw a near stop in activity and December big gains. Have a good Saturday Myrl Jeffcoat 

Jan 07, 2017 06:05 AM #2
Rainmaker
3,638,702
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl,

Great concise and well expressed information on the Sacramento market.  A

Jan 07, 2017 11:53 AM #3
Rainmaker
1,385,048
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Myrl,

 I love your market reports they are short and concise and too the point, I hope you are having a good weekend!

Jan 07, 2017 02:58 PM #4
Rainmaker
4,502,322
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will certainly appreciate your local real estate market statistics.

Jan 07, 2017 04:25 PM #5
Ambassador
3,429,462
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl good to see a substantial increase in Pending Sales.  Hopefully they will all close and there will be an increase in sales in this January over last year.

Jan 07, 2017 04:32 PM #6
Rainmaker
4,502,322
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Good Sunday evening, Myrl. Have an outstanding week.

Jan 08, 2017 05:40 PM #7
Rainmaker
1,961,491
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Like you, I have noticed an increase in pending sales, which is where buyer's eyeballs ordinarily would go, but I think you need to explain that, Myrl. Because pending sales means jack squat if half of them bail because a) they weren't serious ) can't qualify or c) they freak out

I just had sellers in Elk Grove ask me last night if they should take a 60-day escrow. Hell no, that's way too long to let buyers think about buying a home. For goodness sakes, close and let them rent back!!!

Jan 08, 2017 11:28 PM #8
Rainmaker
2,038,989
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Myrl, I think Sacramento stats for 2016 have been pretty constant each month with lower number of homes available for sale and lower sales volume and higher pending sales. Your market i think needs inventory. 

Jan 09, 2017 02:14 PM #9
Rainmaker
2,828,759
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Myrl --- this is a nice at-a-glance graphic that can be a good conversation starter about the Sacramento County real estate market.   

Jan 09, 2017 10:06 PM #10
Rainmaker
2,321,863
Rebecca Gaujot, Realtor®
Perry Wellington Realty, Adam Conrad, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

I agree with Michael that this is a good at-a-glance graphic on the Sacramento real estate market.

Jan 10, 2017 12:34 PM #11
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Rainmaker
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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