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Sacramento Real Estate Market – Tabulation Tuesday SnapShot – 10/31/17

by | Oct 31, 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
2,503 AVAILABLE HOMES ON THE MARKET
2,540 LAST WEEK
2,593 TWO WEEKS AGO
2,555 THREE WEEKS AGO
2,495 FOUR WEEKS AGO
2,514 FIVE WEEKS AGO
2,547 SIX WEEKS AGO
2,530 SEVEN WEEKS AGO
2,500 EIGHT WEEKS AGO

PENDING INVENTORY

2,038  HOMES CURRENTLY IN ESCROW
2,069 LAST WEEK
2,096 TWO WEEKS AGO
2,084 THREE WEEKS AGO
2,015 FOUR WEEKS AGO
2,172 FIVE WEEKS AGO
2,191 SIX WEEKS AGO
2,147 SEVEN WEEKS AGO
2,155 EIGHT WEEKS AGO

MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
October 2017: SO FAR THIS MONTH – $355,000
SEPTEMBER 2017-             $348,000
AUGUST 20117-                 $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: 1,305

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
NOVEMBER 2015 –          1,205
OCTOBER 2015 –              1,520

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Clear skies,

Doug Reynolds

Realtor

916-494-8441