Sacramento County Listing and Sales Statistics for March 2019

Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -0.9% decrease in number of homes listed FOR SALE in March 2019 vs. the same month a year ago. 

For the same period there was a -7.6% decrease in homes SOLD.  Pending sales increased 3.1%

Interest rates continue to remain reasonably low. More homes are available, making finding a suitable home easier.  It's a GREAT time to buy.

Comments (7)

Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl Jeffcoat I always love the simplicity of how you share your market reports.  If someone wants more information, all they have to do is to contact you.  A

Apr 06, 2019 08:06 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Apr 06, 2019 09:21 AM
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

There are several amazing things about the Sacramento real estate market, Myrl. First is inventory dropped 5% from February (at a time when inventory generally grows!!), and our pending sales are neck-to-neck with the number for sale.

In other words, our market has exploded! Pendings are up 34% over last month, and our solds have jumped by 26% since last month. Our present inventory is down to one month. ONE MONTH! And you know what that means!

No wonder we had 11 offers on a new listing this week.

Apr 06, 2019 12:03 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Ron and Alexandra Seigel - I'm glad you like them, Alexandra! 

Roy Kelley - Thank you for your kind words! 

Elizabeth Weintraub Sacramento Realtor Top 1% - Earlier months of this year seemed to have a slowdown in all markets, not only real estate. But, that condition has improved quite a bit!  In the latest news, unemployment rates also declined.  Folks are feeling a little more confident in the economy.

Apr 06, 2019 01:33 PM
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update Myrl, all the best to you as you get many of these properties listed and sold.

Apr 06, 2019 08:13 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Myrl, this was just an impetus to get me to look at my market as well, thank you for the inspiration Endre

Apr 06, 2019 11:04 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Sunday morning, Myrl.

Have a great day and an outstanding week.

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Apr 07, 2019 05:40 AM