Sacramento County experienced a -41.9% decrease in number of homes listed FOR SALE in January 2020 vs. the same month a year ago. For the same period there was a 0,7% increase in the percentage of homes SOLD. Pending sales increased 9.5%.
Interest rates continue to remain reasonably low. It's a GREAT time to buy for those who are finding suitable homes.
Thank you for keeping us posted and up to date. Have a great rest of the weekend!
John Slocum
Vancouver, WA
Monique Combs
Bonita Springs, FL
Roy Kelley
Gaithersburg, MD
Myrl Jeffcoat
Sacramento, CA
Well at least we are all in the same boat...
I hope you had an exceptional Sunday Myrl Jeffcoat
Monique Combs
Bonita Springs, FL
Curtis Van Carter
Yountville, CA
Roy Kelley
Gaithersburg, MD
Myrl Jeffcoat
Sacramento, CA
Good morning, Myrl.. an almost 42% decrease in listings is huge and clearly impacting closed and pending sales. Afterall, you can't sell what you don't have.
Monique Combs
Bonita Springs, FL
Curtis Van Carter
Yountville, CA
Myrl Jeffcoat
Sacramento, CA
Roy Kelley
Gaithersburg, MD
That is actually pretty cool, even though the inventory is way down, sales are still the same. I would think that makes sellers have to make sure their homes are in tip-top shape before going onto the market, as it should be.
Monique Combs
Bonita Springs, FL
Curtis Van Carter
Yountville, CA
Myrl Jeffcoat
Sacramento, CA
Roy Kelley
Gaithersburg, MD
Families on the move will appreciate your local market statistics.
Have an outstanding week.
Myrl Jeffcoat
Sacramento, CA
Myrl that is interesting that listings are almost half of last year, but sales are up.
Roy Kelley
Gaithersburg, MD
Myrl Jeffcoat
Sacramento, CA
Myrl, Both buyers and sellers will benefit from your Sacramento County Listing and Sales Statistics. Nice way to get the word out!
Roy Kelley
Gaithersburg, MD
Myrl
As other noted here, the 41.9% is a big number. Any ideas as to why? cheers cvc
The market seems to be busy and a shortage of inventory in many places. Great Post!
Hi Myrl, the drastic decline in available inventory can be tough to work with in Sacramento. Best of luck!
Myrl Jeffcoat, my first reaction to your report is to feel, WHOA!! I would be interested in your insight to this large drop in inventory in the Sacramento area. I do know that there has been a decrease in inventory across our nation.
Wishing for you a great day, my friend.
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