Sacramento County Listing and Sales Statistics for September 2019

By
Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -31.5% decrease in number of homes listed FOR SALE in September 2019 vs. the same month a year ago. 

For the same period there was no change in the percentage of homes SOLD.  Pending sales increased 21.7%
 
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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Sacramento County
Groups:
All things California
Market Updates
Market Reports
Feather Nesters
2019 Market Reports
Tags:
sacramento home listing and sales statistics

Spam prevention
Show All Comments
Rainmaker
3,171,408
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

And that's the trick, insn't it, Myrl... with low inventory to find a home to purchase!

Oct 11, 2019 06:34 AM #1
Rainmaker
2,615,943
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Hopefully, consumers that are thinking about selling will pull the trigger and put their home on the market, there are buyers out there for them!

Oct 11, 2019 06:42 AM #2
Rainmaker
795,769
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Wow, 31.5% less homes listed, that is a big number, buyers better contact Myrl Jeffcoat quickly to get a home under contract while the interest rates are so low.

Oct 11, 2019 06:58 AM #3
Ambassador
817,243
Mimi Foster
Falcon Property Solutions - Colorado Springs, CO
Voted Colorado Springs Best Realtor

That is a HUGE drop in the number of homes listed. Is that causing a lot of bidding wars? I can imagine finding a suitable home has become challenging.

Oct 11, 2019 07:01 AM #4
Rainmaker
1,252,482
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Myrl Jeffcoat,

Interesting stats on homes sold! Exactly the same number with fewer homes on the market tells me there must be upward pressure on pricing. 

Oct 11, 2019 07:18 AM #5
Rainmaker
4,530,229
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Myrl,

I always enjoy reading your stats on the Sacramento marketplay, simple, easy to understand and succinct.  Happy Friday.  A

Oct 11, 2019 07:35 AM #6
Rainmaker
3,223,099
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Myrl,  Great information for buyers and sellers in your area and US here in the Rain!

 

Oct 11, 2019 08:18 AM #7
Ambassador
3,842,178
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl interesting report.  Listings are significantly down, but pending sales are significantly up.

Oct 11, 2019 01:36 PM #8
Rainmaker
2,575,063
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

All - Thank you so much for your comments!  Low inventory has been an issue in Sacramento for quite some time now.  And, we continue to have positive numbers for Pending Sales!   

Oct 11, 2019 02:07 PM #9
Rainmaker
761,760
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Funny how the market works...in different markets. We've got condos sitting on the market will over 60 --- going to 90 days. And then others come on the market and are gone in 2 days! Go Figure! 

But the inventory is still tight! 

 

Oct 12, 2019 09:00 PM #10
Rainmaker
5,459,038
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Oct 13, 2019 05:29 AM #11
Rainmaker
5,459,038
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Monday morning, Myrl.

Have a great day and an outstanding week.

Oct 14, 2019 06:43 AM #12
Rainmaker
778,488
Jane Chaulklin-Schott
TEAMCONNECT REALTY - (407) 394-9766 - Orlando, FL
TeamConnect Luxury Homes - Orlando, Florida, 32836

 Myrl Jeffcoat , this is a great Sacrament County market report for sellers and buyers -- important information.  Also, noteworthy is the fact that interest rates are still low.  Any Seller or Buyer looking for a fantastic Real Estate agent who will represent and serve you with integrity, honesty, experience and terrific communication skills, contact Myrl Jeffcoat --she comes highly recommended.

Oct 16, 2019 02:04 PM #13
Rainmaker
500,742
Alexander- Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Wow, that must be a challenge with the combined decrease in new listings and increase in pending sales! Hope your doing well in that mix!

Oct 25, 2019 10:25 AM #14
Rainmaker
241,102
Bill Carroll
The Corcoran Group Real Estate Co. - Westhampton, NY
IN REAL ESTATE, REPRESENTATION IS EVERYTHING

Good information here Myrl, thanks for sharing.

Oct 31, 2019 06:03 AM #15
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
2,575,063

Myrl Jeffcoat

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