Sacramento County Listing and Sales Statistics for October 2019

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Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -34.4% decrease in number of homes listed FOR SALE in October 2019 vs. the same month a year ago.  For the same period there was a 1.5% increase in the percentage of homes SOLD.  Pending sales increased 10.7%  

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

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Topic:
Real Estate Market Trends
Location:
California Sacramento County
Groups:
Market Updates
Dedicated Bloggers
Market Reports
Feather Nesters
2019 Market Reports
Tags:
sacramento real estate market reports

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Rainmaker
60,132
Cathy Starkweather
La Rosa Realty, LLC. - Celebration, FL

Hi Myrl, 

That's a substantial change in inventory vs. 2018... I'm sure prices are up which is terrific for sellers and low interest rates is appealing to buyers!

Nov 09, 2019 10:42 AM #1
Rainmaker
4,530,229
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Hi Myrl,

Your reports are easy to comprehend and a quick read.  We appreciate that.  See you on Thursday.  A

Nov 09, 2019 11:44 AM #2
Ambassador
3,842,178
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl WOW that is a huge drop in inventor.  Hopefully it picks up so sales do not take a hit.

Nov 09, 2019 03:17 PM #3
Rainmaker
1,638,460
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Best of luck!

Nov 09, 2019 03:33 PM #4
Rainmaker
2,615,943
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is quite a decline from the same period last time and it sounds like buyers will be fighting over what is available for them to purchase.

Nov 10, 2019 05:21 AM #5
Rainmaker
5,459,038
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market data.

Have an outstanding week.

Nov 10, 2019 05:58 AM #6
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Rainmaker
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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