Sacramento County Listing and Sales Statistics for May 2019

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Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -18% decrease in number of homes listed FOR SALE in May 2019 vs. the same month a year ago. 

For the same period there was a -10.4% decrease in homes SOLD.  Pending sales increased 4.1%

Interest rates continue to remain reasonably low. It's a GREAT time to buy for those who are finding suitable homes. 

 
http://www.myrljeffcoat.com

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Rainer
364,082
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

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

 

Jun 06, 2019 10:15 AM #1
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl nice short market report with all the necessary info as always.

Jun 06, 2019 10:40 AM #2
Rainmaker
4,320,493
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl,

Those are interesting stats...are people cooling off on California real estate.  I know that many in Northern Cal Wine country have sold and moved to Incline Village Nevada even though they work in Silicon Valley.  Everyone is anticipating big IPO gains, and our state has VERY high taxes. A

Jun 06, 2019 12:25 PM #3
Rainmaker
2,477,482
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Ron and Alexandra Seigel - Inventory is down in Sacramento, and that is also effecting the number of closings.  You are right about the VERY high tax rates on just about everything - property, gas, sales, etc.

Jun 06, 2019 02:27 PM #4
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Jun 07, 2019 05:57 AM #5
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

No bells and whistles here; just the facts Myrl Jeffcoat 

Jun 07, 2019 09:47 PM #6
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

With your pen ding sales up it looks like despite the lower amount of listings there is confidence in the market.

Jun 08, 2019 05:39 AM #7
Rainmaker
3,126,268
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

It seems that across the Country there is lower inventory than the previous year. It's a good time for Sacramento County sellers to list now!

Jun 10, 2019 03:50 AM #8
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Mryl:

This is useful information for potential buyers and sellers, who should be in touch with you for guidance in their purchases and sales. We are seeing shifts here, too, especially as compared to 1 year ago, but it varies by area. Some have more inventory than a year ago, and from earlier this year.

Jeff

Jun 13, 2019 03:56 PM #9
Rainmaker
721,162
Jane Chaulklin-Schott
TEAMCONNECT REALTY - (407) 394-9766 - Orlando, FL
TeamConnect Luxury Homes - Orlando, Florida, 32836

Myrl, I found your Sacramento County Market Report interesting.  I realize
I need to check our central Florida/Orlando market for May and June.... Thinking of you and all your beautiful flowers and your usually plentiful and beautiful garden.  Have a wonderful day, Myrl.

Jun 18, 2019 08:50 AM #10
Rainmaker
1,963,715
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Myrl Jeffcoat - These may be telling signs of a shift. In Texas, people always told me to keep my eyes on the market in California. 

Jun 21, 2019 12:20 PM #11
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Rainmaker
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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