Sacramento County Listing and Sales Statistics for October 2017

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Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -1.2% decrease in number of homes listed FOR SALE in October 2017 vs. the same month a year ago.

For the same period there was a -8.3% decrease in homes SOLD. Pending Sales increased 14.7%.

Interest rates continue to 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
4,225,223
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local market report.

Nov 12, 2017 05:45 PM #1
Rainmaker
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Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Myrl

Interesting statistics. Do you think the pending increase is for the large number of buyers scrambling for fewer homes. Inventory continues to fall here, cheers cvc

Nov 13, 2017 07:21 AM #2
Rainmaker
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Steven Nickens
Elite Pacific Properties Maui - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Myrl. it still looks like a great time to buy a home in your area. I like how you have a handle on the current market, it's important for buyers and sellers to be aware of market trends.

Nov 13, 2017 08:22 AM #3
Rainmaker
1,878,705
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

Hi ya, Myrl: I'm gonna have a fantastic December this year because almost every listing I've got is suddenly flying into escrow (I'll be in Hawaii in December). The pending sales are way up in Sacramento. The city alone has a 15.5% increase in pending sales over last year at this time.

Nov 13, 2017 09:25 AM #4
Ambassador
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi Myrl. Hope you're selling lots of homes in this final quarter of 2017. We've got three closing soon, and feel as if we're ready to start planning for more good stuff in 2018. 

Nov 13, 2017 12:36 PM #5
Rainmaker
1,314,176
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Myrl,

 THe good news is that the pended sales are up maybe just taking a little longer to close!

Nov 13, 2017 02:42 PM #6
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl hope those negative numbers turn positive in the very near future.

Nov 13, 2017 03:27 PM #7
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Looks like a balanced market at the end of the year which is good for both sides of the transaction.

Nov 13, 2017 03:28 PM #8
Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Myrl

Thanks for sharing the sales and listing statistics for October 2017.

Good luck and success.

Lou Ludwig

Nov 13, 2017 07:07 PM #9
Rainmaker
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Rebecca Gaujot
Perry Wellington Realty, Adam Conrad, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Myrl, in this last quarter of 2017, I hope year end sales are the best yet.

Nov 13, 2017 08:31 PM #10
Rainmaker
1,314,176
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Myrl,

 Just stopped to say hello and was seeing if you had posted anything new. I guess you are getting ready for the feast you will prepare for your brood.

Nov 15, 2017 02:43 PM #11
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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