Sacramento County Listing and Sales Statistics for December 2019

By
Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -45.6% decrease in number of homes listed FOR SALE in December 2019 vs. the same month a year ago.  For the same period there was a 7.8% increase in the percentage of homes SOLD.  Pending sales increased 10%.  
 
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
5,186,299
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Myrl Jeffcoat those are eye opening stats!!!! wow ...down 45%.... significant.

Jan 08, 2020 04:31 AM #1
Rainmaker
3,282,376
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Myrl... your inventory is as razor thin as ours. I don't see any big changes at my end... what do you forecast for yours?

Jan 08, 2020 05:41 AM #2
Rainmaker
2,710,910
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is quite a drop, do you see that number increasing significantly in January?

Jan 08, 2020 06:19 AM #3
Rainmaker
5,584,278
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market statistics.

Jan 08, 2020 06:48 AM #4
Rainmaker
3,480,688
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Myrl - there is always a neeed for suitable real estate choices.  It may be a bit more difficult some times but it's good news for serious sellers in Sacramento and truly prepared buyers too.  A very good report.  

Jan 08, 2020 07:10 AM #5
Ambassador
3,892,348
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl that was a huge decline in inventory.  Hope it picks up in 2020.

Jan 08, 2020 07:57 AM #6
Ambassador
3,137,412
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

This is a grear market update for those of us who appreciate a well done report...

Make someone happy today Myrl Jeffcoat 

Jan 08, 2020 09:47 AM #7
Rainmaker
2,100,731
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Good morning Myrl!

The laws of economics is working in consumers favor! They would be wise to contact you for homes to buy and sell. You have something that 80% of the agents in Sacramento don't have - years of solid and successful sales. 

Jan 09, 2020 02:49 AM #8
Rainmaker
2,190,577
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Hi ya Myrl: Yeah, the market is freakin' insane. We can't hardly keep anything in inventory and my partner is running ragged.

Jan 09, 2020 06:06 PM #9
Ambassador
1,936,827
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Wow, talk about tight inventory, Myrl. Must be a competitive market for buyers. 

Jan 10, 2020 08:21 AM #10
Ambassador
1,674,397
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

That is a considerable drop in inventory. I wonder if that is just an anomaly?

Jan 11, 2020 01:55 PM #11
Rainmaker
3,255,113
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

Both buyers and sellers will appreciate your Sacramento County Real Estate statistics. Seems all over the country, inventory is thin!

Jan 12, 2020 07:22 AM #12
Ambassador
4,108,828
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Those are some pretty dramatic shifts, Myrl. I don't often look at our county, but we saw some big changes year over year in a number of communities. Carlsbad saw a 25% drop in inventory from a year ago but significantly more sales in December.

Jeff

Jan 13, 2020 08:31 PM #13
Rainmaker
3,285,170
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Al;ways great to see what the market is doing in other areas.  Hope you are having a great week.

 

Jan 14, 2020 09:45 AM #14
Rainmaker
1,132,452
Barbara Michaluk
Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434 - Silver Spring, MD
Leisure World Specialist / Full Service REALTOR

Thanks for sharing this market info for your area. I hope it improves in 2020!

Jan 18, 2020 12:45 PM #15
Rainmaker
813,407
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Myrl we all know it is a good sign when pended and JUST SOLDS have increased. Wonder why listings are down 45.6% though. Thank you very much for sharing what's going on in your Real Estate Market.

Jan 23, 2020 09:39 AM #16
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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