Listing and Sales data for Sacramento County homes demonstrates the number of property listed FOR SALE in comparison to the percentage transitioning to PENDING status or SOLD is continuing improvement from a year ago.
Although the number of homes listed FOR SALE is not robust, their numbers are rising in comparison to number of homes SOLD.
Increased home values in our region are allowing more homeowners to become equity sellers once again. This factor has once troubled homeowners, who once felt unable to sell without entering a short-sale environment, to once again consider selling, and many are doing so, helping to provide valuable inventory to the marketplace.
Last month Sacramento County recorded an 87% jump in “For Sale” listings, in comparison to October of 2012. However, SOLD homes declined -26.3% for October 2013 vs. October 2012.
Those interested in purchasing, and are able to find suitable homes for their needs, should act now!
The following charts provide sales statistics for the month of October followed by numbers for the previous month of September.