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Sacramento Real Estate Market – Tabulation Tuesday SnapShot – 10/17/2017

by | Oct 17, 2017 | October 2017 |

I’M A STATS GEEK AND LOVE ANALYZING THE SACRAMENTO REAL ESTATE MARKET NUMBERS, SO…
EVERY TUESDAY I PROVIDE A QUICK SNAPSHOT OF WHAT’S GOING ON WITH THE MARKET.
CALL/EMAIL/TEXT/OR LEAVE A COMMENT BELOW IF YOU HAVE ANY QUESTIONS OR OPINIONS…
ACTIVE INVENTORY
2,593 AVAILABLE HOMES ON THE MARKET
2,555  LAST WEEK
2,495  TWO WEEKS AGO
2,514 THREE WEEKS AGO
2,547  FOUR WEEKS AGO
2,530 FIVE WEEKS AGO
2,500  SIX WEEKS AGO
2,437 SEVEN WEEKS AGO
2,423  EIGHT WEEKS AGO

PENDING INVENTORY
2,096  HOMES CURRENTLY IN ESCROW
2,084 LAST WEEK
2,015  TWO WEEKS AGO
2,172  THREE WEEKS AGO
2,191  FOUR WEEKS AGO
2,147  FIVE WEEKS AGO
2,155  SIX WEEKS AGO
2,272  SEVEN WEEKS AGO
2,279 EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
October: SO FAR THIS MONTH – $349,950
SEPTEMBER-                    $330,000
AUGUST-                           $349,000
JULY 2017-                        $355,000
JUNE 2017-                       $347,250
MAY 2017 –                        $345,000
APRIL 2017  –                    $329,500
MARCH 2017  –                 $328,000
FEBRUARY 2017   –          $325,000
JANUARY 2017  –              $305,000
DECEMBER 2016:  –          $315,000
NOVEMBER 2016 –           $325,000
OCTOBER 2016 –              $321,000
SEPTEMBER 2016 –          $318,500
AUGUST 2016 –                 $324,000
JULY 2016  –                      $322,000
JUNE 2016 –                      $329,000
MAY 2016 –                        $319,000
APRIL 2016  –                    $310,000
MARCH 2016  –                 $307,000
FEBRUARY 2016  –           $299,000
JANUARY 2016  –              $284,950
DECEMBER 2015 –           $297,000

CLOSINGS FOR THE MONTH

OCTOBER – SO FAR THIS MONTH: 576
SEPTEMBER –                  1,554
AUGUST –                         1,681
JULY 2017 –                       1,478
JUNE 2017 –                      1,824
MAY 2017 –                        1,691
APRIL 2017  –                    1,512
MARCH 2017   –                1,407
FEBRUARY 2017  –           1,004
JANUARY 2017 –              1,101
DECEMBER 2016 –          1,530
NOVEMBER 2016 –          1,434
OCTOBER 2016 –             1,584
SEPTEMBER 2016 –         1,647
AUGUST 2016 –                1,799
JULY 2016 –                      1,622
JUNE 2016 –                      1,815
MAY 2016 –                        1,612
APRIL 2016 –                     1,554
MARCH 2016  –                 1,440
FEBRUARY 2016  –           1,019
JANUARY 2016  –               918
DECEMBER 2015 –           1,573

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clear skies,
Doug Reynolds
Realtor
916-494-8441