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Sacramento County Condo Market Update
2008-08-13 15:54:00 135 condos sold in Sacramento county in the month of July, up from June. Prices fell to $125,000 from last month's $135,000.130 condos went pending sale, the same as last month! Inventory is up again to 624.Interestingly enough, I think the lackadaisical response of most home buyers to condos is partly because single family homes are so inexpensive. In my opinion, condos will trail behind single family sales for a while. Especially in Sacramento, we see people buying condos when they can no longer afford houses.Whether the downtown projects to make upscale condos succeed is yet to be seen.
Sacramento County Real Estate Market Update: Single Family Homes
2008-08-12 15:24:00 I just gave myself the biggest fright: while checking statistics for Sacramento county in the MLS, I incorrectly ended up checking sales on only July 1st instead of the entire month of July. The number of sales hovered around a hundred. I thought the end of real estate had definitely begun! In my defense, I am on my first cup of coffee. So - now with the right numbers and another swig of this homemade Starbucks - on to the real statistics...Median price has fallen again to $215,000 from June's $220,000. Days on market remain at 49. 1968 homes sold in the month of July and pending homes are at almost the same number as June: 2064.Perhaps the biggest change is how many new listings came on the market: almost three times the amount as in June: 3903. There seems to be evidence that the market is beginning to absorb these however: there are a total of 8005 active homes in Sacramento county but inventory is down to 4 months from June's 4.6 months.Follow the numbers: June's real estate ...
The Outlook for Sacramento Real Estate is on the upswing.
2008-06-04 18:40:00 As you can see by the chart to the right, the home sales of residential houses from January 2008 through May 2008 has steadily risen. Homes are selling in the Sacramento County area and Real Estate is alive and recovering. The numbers don?t lie and these are just the single family homes depicted in the aboveSHARETHIS.addEntry({ title: "The Outlook for Sacramento Real Estate is on the upswing.", url: "http://sacramentorealestatevoi-ce.com/2008/06/04/the-outlook-f-or-sacramento-real-estate-is-on--the-upswing/" });
Sacramento County Condo Update
2008-05-17 16:05:00 Sacramento condos for now anyway seem to be stabilizing in terms of price. For the last update, we had settled at a median selling price of $138,500. In April, the median price fell another 2.5% to reach $135,000. 100 condos sold in the month of April, an improvement over the 90 that sold in March. Pending sales are at 121 for the month of April.There are a total of 640 condos for sale in Sacramento county, including 151 new listings which came on the market in April. This brings Sacramento county's condo inventory to 6.4 months.
Sacramento County Condo Update
2008-05-17 16:05:00 Sacramento condos for now anyway seem to be stabilizing in terms of price. For the last update, we had settled at a median selling price of $138,500. In April, the median price fell another 2.5% to reach $135,000. 100 condos sold in the month of April, an improvement over the 90 that sold in March. Pending sales are at 121 for the month of April.There are a total of 640 condos for sale in Sacramento county, including 151 new listings which came on the market in April. This brings Sacramento county's condo inventory to 6.4 months.
Sacramento County Statistics January 2008
2008-02-05 19:44:00 Here are the latest numbers on single family residences from the Metrolist MLS:January was a slow month in terms of sales and disappointing as the median price dropped another 9.4% over December's median sale price to $255,000.2523 units came on the market as new listings in January in Sacramento county now bringing single home inventory to 9042, about 11.9 months of unsold homes.The silver lining? 1209 homes went pending in January 2008, 16.8% higher than December's numbers. Perhaps this fall in homes has inspired many to head out - first time buyers and investors alike.Check the trends: December's numbers for Sacramento real estate; November's Sacramento real estate statistics; October's numbers.Also read: Population Projections for Sacramento; Statistics and How to Read ThemTomorrow, I'll have statistics for Sacramento condos. Be sure to check back!
Sacramento County Condo Market Update
2008-01-08 20:08:00 In November 2007 Sacramento condos gave a few of us hope. In December though, prices have fallen again, although sales and pending numbers remain the same. I guess it's really what you choose to focus on. Anyway, here are the numbers:Total condos sold: 57Total condos in escrow in December: 61145 more condos came on the Sacramento county market in December.There are a total of 755 condos still on the market.Median price fell to $185,000 from last month's high of $228,700 - a drop of 19% Please note these numbers have not been seasonally adjusted. Some month to month change occurs regardless of the market, influenced by conditions like the weather, holidays and so on.
Sacramento County Real Estate Market Report (Q2 2007)
2007-10-07 18:26:00 To Download the readable PDF version, Click Here To Sign-up and keep updated to our Market Reports, Click Here Related PostsSacramento Real Estate Market Report (Q1 2007)Contra Costa County Real Estate Market Report (Q2 2007)Santa Clara County Real Estate Market Report (Q2 2007)San Mateo County Real Estate Market Report (Q2 2007)Sacramento “New-Home” Prices Dropping
Sacramento County Market Update - Fair Oaks (95628)
2007-09-27 23:56:00 There's something about Fair Oaks that makes people think they have arrived. If this is where you want to live, there are some bargains there waiting for you right now. Compared to last year (2006) in which 342 homes sold in Fair Oaks for a median price of $430,000, this year so far 258 homes have sold for a median price of $419,950 - a drop of 2.33% in median prices and of 24.6% in sales!Condos by comparison have fared a little better. As compared to the 30 condos sold last year, so far 32 have sold and 6 more are pending sale. The median price for condos has dropped from $294,000 in 2006 to $221,682 so far this year. There are 22 condos for sale between $149,500 to $338,500 and 256 single family residences for sale between $214,900 and $3,350,000.
Sacramento County Market Updates - Elk Grove (95624, 95757, 95758)
2007-09-19 20:12:00 Despite the doom and gloom news, or perhaps because of it, Elk Grove is where the bargains are. I was in Elk Grove showing homes not too long ago and out of the ten homes that my clients had picked, nine were foreclosures or in the process of being foreclosed. Taking a more precise statistical look at the city of Elk Grove, 1036 single family houses have sold this year so far as compared with 1967 single family homes last year. That's a reduction in sales of over 45% but the year is not over yet. There are 195 homes that are pending sale, which will add to the numbers and 1572 more homes on the market for the homebuyers to pick from. Median prices have also fallen in Elk Grove since last year's $430,000 to this year's $380,000 - a drop of 11.6% making the dream of buying a home in Elk Grove more of a possibility for a lot more people. Remember to take these numbers carefully, though. The year is not over yet and so the year over year medians and sales are not exact. There will be...
HIV Positive Man Tortured By Sacramento County Sheriffs
2007-09-19 09:47:00 I am writing this article as a personal plea to someone for help. I am the owner of this website, and last year almost a year ago the Sacramento County Sheriffs department beat and tortured me. They tortured me for hours, mentally and physically. I'm not a bad human being and I know I didn't deserve the torture that they inflicted on me. I need to find a lawyer within the next couple of days to help me. So if there is anyone out there who can help me, please contact me. Here are the pictures I have of what they did to me. I was hospitalized for 2 days, The doctors wanted me there for actually 3 days, but i was afraid they would come back. They had beaten me so badly that the County jail had refused to let them bring me there, so they had no choice but to call an ambulance and take me to the hospital. I was afraid that they would come back and try to rearrest me and get me in the jail. Because if they would have gotten me behind those jail walls, who knows how badly they would have...
Sacramento County Market Update - Citrus Heights (95610, 95621)
2007-09-14 20:06:00 The median price for Citrus Heights single family homes has fallen 8.3% from last year. In 2006, 685 houses sold for a median price of $335,000. As of today, there are 446 sold houses for a median price of $307,000, 60 houses pending sale and 461 houses on the market for prices between $102,000 to $849,000 for a median price of $309,000. Perhaps the most important number here is the median price of the pending sales which is $279,000 suggesting that price more than any other factor is determining which houses sell. Also, as noted in Elite Properties' list of foreclosures, there are 149 bank-owned homes (REOs) for sale in Citrus Heights. The median price of condos has fallen 10% from $250,000 last year. Citrus Heights saw 132 sold condos in 2006 as compared to 85 this year so far with 12 pending sale.There are 84 condos still on the market for prices between $109,900 and $350,000. If you're a first time buyer, condos in Citrus Heights is not a bad place to start your search.
Sacramento County Code Enforcement Press Release on Foreclosures
2007-09-14 03:10:00 I received this email in my mailbox today and thought it might make interesting reading for some of you. It concerns Sacramento homeowners who have been foreclosed on, their responsibilities for maintaining their homes as well as what their neighbors can do to maintain the neighborhood. Here is another article in the Sacramento Bee which recently covered concerns with blight in some Sacramento neighborhoods making homes harder to sell.
Sacramento County Market Update - 95608 Carmichael, CA
2007-09-14 02:15:00 Buyers clearly prefer single family residences over condos and halfplexes although the latter might be more affordable. Sales in Carmichael over 2006 and 2007 clearly point to this. Last year, there were 469 single family residences sold in Carmichael for a median price of $414,900 and only 81 condos and halfplexes sold for a median price of $255,000. This year, so far 259 homes have sold for a median price of $381,000 and 37 more are pending sale (sellers have accepted offers from buyers, but we won't know the final price yet) for a median asking price of $419,000. Condos in Carmichael have taken a larger hit with only 58 sold for a median of $218,750 and 9 pending sale for a median price of $182,900. If you're looking for a home in the 95608 zip code, there are still 288 single family residences for sale between $209,900 and $2,500,000. There are also 47 condos and halfplexes between $162,500 and $589,000.
Duplexes in Sacramento County - Market Report
2007-09-12 18:07:00 As of today, there are 412 units available in Sacramento at an average price of $381,133. Here they are, in alphabetical order:Carmichael #Units 24 Average List Price $439,665Citrus Heights #Units 17 Average List Price $376,874 Citrus Heights #Units 17 Average List Price $376,874Elk Grove #Units 8 Average List Price $413,981 Elverta #Units 2 Average List Price $269,950 Fair Oaks #Units 16 Average List Price $484,581 Folsom #Units 16 Average List Price $484,581 Galt #Units 6 Average List Price $393,242 North Highlands #Units 14 Average List Price $371,093 Orangevale #Units 5 Average List Price $344,800 Gold River #Units 19 Average List Price $364,087 Rancho Cordova...
Natomas Living in Sacramento County
2007-08-24 21:05:00 Welcome to Natomas, California in Sacramento County. If you are planning on moving or relocating to CA this is a great place to learn a little something about each of the areas and neighborhood real estate prior to deciding where you would like to live. Whether buying or selling a house this is a great place to begin your Real Estate ...
New Home Buyer for Sacramento-Set Up Utilities-Sacramento County
2007-08-05 15:00:00 Sacramento County Utilities Home Buyers new to Sacramento or moving from one area of Sacramento County to another, here is a listing of Utilities by City. For your convenience, I have listed the Utility information by City for turning on and off your gas, electric, water, garbage,TV, phone, long distance, police and fire. Websites and an easy link right to ...
Home Sales in Sacramento County for June 2007
2007-07-05 15:45:00 Sacramento County is home to the Nation?s Salad Bowl and the Real Estate home sales for June 2007 are ready for viewing. Each month, I provide the Real Estate Market Statistics by City/Community for Sacramento County. Click on the baseball to view the homes for sale in June in Sacramento County for each City, the homes that accepted ... |
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