Sacramento County Listing and Sales Statistics for May 2016

By
Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -17.5% decrease in number of homes listed FOR SALE in May 2016 vs. the same month a year ago.

For the same period there was a 0.4% increase in homes SOLD, while Pending Sales increased 17.4%. 

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

http://www.myrljeffcoat.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Sacramento County Sacramento
Groups:
The Lounge at Active Rain
Dedicated Bloggers
Diary of a Realtor
Real Estate Trends
Old Farts Club
Tags:
myrl jeffcoat
sacramento housing statistics

Spam prevention
Show All Comments
Rainmaker
3,829,120
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Myrl Jeffcoat ,

Thanks for the real estate report on home sales in Sacramento County. Pending Sales increasing is a good sign!!

Jun 08, 2016 11:07 AM #1
Rainmaker
5,421,282
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market information.

Jun 08, 2016 11:13 AM #2
Rainmaker
4,485,397
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl,

What a wonderful report on homes sales in Sacramento as well as pending.  Your reports are easy to read, clear and concise.  Enjoy the evening.  A

Jun 08, 2016 12:30 PM #3
Ambassador
3,819,596
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl it will be tough to keep sales increasing unless the inventory picks up.

Jun 08, 2016 12:35 PM #4
Ambassador
3,983,135
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Tight inventory brings many challenges. Buyers need to have you on their side when they first get the idea to move.

Jun 08, 2016 01:52 PM #5
Rainmaker
2,050,826
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Myrl, 

These stats have followed the same path in your market for several months. Low inventory I think affects everyone. 

Jun 09, 2016 05:20 AM #6
Ambassador
1,486,051
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Myrl Jeffcoat Thank you for taking the time to share this report. It's very informative for all!  Have a wonderful weekend!

Jun 09, 2016 11:25 PM #7
Rainmaker
2,189,919
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Pending are up by the same number sales are down, which doesn't fare well for our inventory here in Sacramento. I'm doing my best to keep listing homes for sale, but no sooner do I plop them on the market than they sell. I keep thinking it will slow down, but it's not. Maybe when it gets to be 115 degrees . . .

Jun 10, 2016 01:46 AM #8
Rainmaker
2,050,826
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Myrl, I think fixing your toilet as you described it in your comment on my post was very difficult to do. I stay away from most plumbing type of maintenance. 

Jun 10, 2016 05:20 AM #9
Rainmaker
1,434,235
Yolanda Cordova-Gilbert
Richmond, TX

Myrl,

 Good market report on Sacremento County! I hope you have a fabulous weekend planned!

Jun 10, 2016 09:02 AM #10
Rainmaker
3,209,128
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Myrl, another very informative Market Report on Sacramento County. Hope you will get buyers and sellers from this report, Endre

Jun 10, 2016 03:47 PM #11
Rainmaker
5,421,282
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope you are enjoying a very productive week.

Have an outstanding weekend.

Jun 10, 2016 11:09 PM #12
Rainmaker
1,434,235
Yolanda Cordova-Gilbert
Richmond, TX

Myrl,

 I hope you are having a wonderful weekend and I hope see an new blog soon as they are always enjoyable!

Jun 11, 2016 08:07 AM #13
Rainmaker
1,434,235
Yolanda Cordova-Gilbert
Richmond, TX

Myrl,

 I hope you have a good weekend and take some pictures and share them with us! I did like your response to the grandchildren "Your on vacation"

Jul 29, 2016 09:56 AM #14
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
2,555,526

Myrl Jeffcoat

Greater Sacramento Real Estate Agent
Ask me a question
*
*
*
*
Spam prevention