Sacramento County Listing and Sales Statistics for January 2020

By
Real Estate Agent with GreatWest Realty DRE# 00827565

Sacramento County experienced a -41.9% decrease in number of homes listed FOR SALE in January 2020 vs. the same month a year ago.  For the same period there was a 0,7% increase in the percentage of homes SOLD.  Pending sales increased 9.5%.  
 
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
Local Real Estate Market Reports
Market Reports
Feather Nesters
2020 Market Reports
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sacramento county home listing and sales statistics

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Rainmaker
1,705,823
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. Have a great rest of the weekend!

Feb 16, 2020 04:36 PM #1
Ambassador
3,192,816
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Well at least we are all in the same boat...

I hope you had an exceptional Sunday Myrl Jeffcoat 

Feb 16, 2020 06:33 PM #2
Rainmaker
3,372,629
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Myrl.. an almost 42% decrease in listings is huge and clearly impacting closed and pending sales. Afterall, you can't sell what you don't have.

Feb 17, 2020 05:05 AM #3
Rainmaker
2,798,361
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is actually pretty cool, even though the inventory is way down, sales are still the same.  I would think that makes sellers have to make sure their homes are in tip-top shape before going onto the market, as it should be.

Feb 17, 2020 06:05 AM #4
Rainmaker
5,681,617
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market statistics.

Have an outstanding week.

Feb 17, 2020 06:51 AM #5
Ambassador
3,938,411
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Myrl that is interesting that listings are almost half of last year, but sales are up.

Feb 17, 2020 01:42 PM #6
Rainmaker
3,296,000
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

Myrl, Both buyers and sellers will benefit from your Sacramento County Listing and Sales Statistics. Nice way to get the word out!

Feb 22, 2020 06:01 AM #7
Rainmaker
5,681,617
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Saturday morning, Myrl.

Have a very special weekend.

Feb 22, 2020 08:17 AM #8
Rainmaker
1,235,362
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Myrl

As other noted here, the 41.9% is a big number. Any ideas as to why? cheers cvc

Feb 27, 2020 09:28 AM #9
Rainmaker
315,969
Monique Combs
Royal Shell Real Estate - Bonita Springs, FL
Royal Shell Real Estate - Monique Combs

The market seems to be busy and a shortage of inventory in many places. Great Post!

Feb 28, 2020 02:00 PM #10
Rainmaker
520,271
Alexander- Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Hi Myrl, the drastic decline in available inventory can be tough to work with in Sacramento. Best of luck!

Mar 06, 2020 11:04 AM #11
Rainmaker
827,139
Jane Chaulklin-Schott
TEAMCONNECT REALTY - (407) 394-9766 - Orlando, FL
TeamConnect Luxury Homes - Orlando, Florida, 32836

Myrl Jeffcoat, my first reaction to your report is to feel, WHOA!!  I would be interested in your insight to this large drop in inventory in the Sacramento area.  I do know that there has been a decrease in inventory across our nation.
Wishing for you a great day, my friend.

Mar 10, 2020 07:04 AM #12
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Rainmaker
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Myrl Jeffcoat

Greater Sacramento Real Estate Agent
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