Sacramento County Listing and Sales Statistics for September 2016

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Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -2% decrease in number of homes listed FOR SALE in September 2016 vs. the same month a year ago.

For the same period there was a -4.2% decrease in homes SOLD, while Pending Sales increased 17.3%. 

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

http://www.myrljeffcoat.com

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Rainmaker
2,189,557
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

We can watch the pending sales go up but the thing nobody is talking about in Sacramento is how many of those pending sales blow up and never close. A friend at a local title company confided in me that their earnest money deposits are bouncing at an all-time high. Many flakey buyers in town right now. I'm almost frightened to put a home into pending status within the first 3 days until I know the buyer is sticking with it.

Oct 10, 2016 08:25 AM #1
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl,

I love your reports.  They are simple, to the point and easy to understand.  A

Oct 10, 2016 09:46 AM #2
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Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Myrl Jeffcoat Concise and informative - the ideal report

Oct 11, 2016 04:30 AM #3
Rainmaker
2,050,765
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Myrl, 

This is good data for local buyers and sellers and easy to understand. 

Oct 11, 2016 07:35 AM #4
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

As always, Myrl, you provide excellent information for your clients.

Oct 12, 2016 11:23 PM #5
Rainmaker
1,433,977
Yolanda Cordova-Gilbert
Richmond, TX

MYrl,

 With the new changes in mortgage it takes longer to close loans. Maybe why the jump in pending! Have a good Sunday!

Oct 16, 2016 07:25 AM #6
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Rainmaker
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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