Sacramento County Listing and Sales Statistics for August 2019

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Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -30.3% decrease in number of homes listed FOR SALE in August 2019 vs. the same month a year ago. 

For the same period there was a -10.8%% decrease in homes SOLD.  Pending sales increased 7.9%

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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Rainmaker
1,778,626
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Sacramento area real estate has been hot for quite a while, hasn't it Myrl? Seems like you need inventory in your area, too.

Sep 12, 2019 06:59 AM #1
Rainmaker
4,451,231
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl,

Like many other parts of the country, it looks like you could use more inventory. Happy Thursday Myrl!  A

Sep 12, 2019 07:14 AM #2
Rainmaker
2,540,572
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Lottie Kendall and Ron and Alexandra Seigel - Inventory has been low for quite some time.  Also, for months I have noted that not all pending sales equate to closed transactions!

Sep 12, 2019 07:40 AM #3
Rainmaker
1,220,219
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Myrl Jeffcoat

With the low inventory and pending sales being up, buyers should act now because there could be upward pressure on pricing. 

Sep 12, 2019 11:37 AM #4
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl hopefully sales will turn around, and you start to see some positive figures.

Sep 12, 2019 02:38 PM #5
Rainmaker
2,540,572
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Sheri Sperry - MCNE® - One would certainly think that.  But careful study of market data in Sacramento has shown that trend for quite some time.

George Souto - I would love seeing more inventory and more solds!

Sep 12, 2019 03:47 PM #6
Rainmaker
5,385,646
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Sep 12, 2019 04:08 PM #7
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

You have done it again with your express Sacramento market report Myrl Jeffcoat 

Sep 12, 2019 10:31 PM #8
Rainmaker
3,098,519
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Myrl... talk about thinventory! You've got in spades in Sacramento County.

Sep 15, 2019 01:04 PM #9
Rainmaker
5,385,646
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Monday morning, Myrl. Have a great day and an outstanding week.

Sep 16, 2019 06:08 AM #10
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Rainmaker
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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