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Median Sales Price Ticks Upwards, Sales Volume Picks Up

The Sacramento median sales price reached levels not seen since September 2008. Before the initial decline from the Sacramento high of $392,750, the last time this sales price was reached was in early 2002. This graph showcases the rise, fall and current median sales price of Sacramento County.

May home sales increased 12% from 1,536 in [...]

Sales Volume Decreases, Median Sales Price Rebounding Since January

A four month rising trend brings single family home median sales price near December 2009 levels. Additionally, April continues a six month trend of increased year-to-year sales price.

After a February to March jump in units sold, April reflects a decrease. The 1,536 units sold this month is a 6.3% decrease from the 1,640, sales of [...]

A Spring Surge in Sales Signals Fair Weather Market

Sales increase dramatically month-to-month, median sales price also rises.

A 41.9% increase in sales marks the beginning of the spring sales season. Units sold in March totaled 1,640, a big jump from the 1,156 sales in February. Sales this month, however, were still 4.9% less than the 1,725 sales in March 2009. The distribution in types [...]

January Shows Decreased Activity, Median Price Remains Higher Than Year Ago

A seasonally normal decrease in home sales signaled the open of the 2010 Sacramento real estate market.
The 1,159 home sales in January are a 29.7% decrease from the 1,648 sales of December. The trend continued year-to-year, showing a 24.8% decrease from the 1,542 sales of January 2009. The winter months affected the distribution of types [...]

Sales Rise for the Year’s End, Stability in Sales Prices

An increase in home sales marks an end to Sacramento’s 2009 real estate market activity.

After a month-to-month decrease, sales rebounded in December, increasing 14.5% with 1,648 units sold – 209 more than November. Year-to-year, however, the current figure is 14.7% below the 1,932 sales of December 2008. Bank-owned properties continue to make up a majority [...]

Single Family Home Median Sales Price Higher Than One Year Ago

For the first time in over three years, the single family home median sales price made an increase year-to-year, signaling a possible end to the home price freefall.

Single family home sales decreased 16.1% month-to-month, totaling 1,439 units in November – 277 less than October. Year-to-year, the current figure is also 16.1% below the 1,716 sales [...]

Making Statistics Work for You and Your Clients

Did you know one of SAR’s Member Benefits is providing statistics (excerpted from MLS)?  Tony Vicari, SAR Public Affairs Assistant, extracts information from MLS each month and creates several different reports that are available to all SAR Members for free.

County Wide Report – Includes both home and condo sales trends, types of financing [...]

Realtors Are A Little Older, Making a Little Less

Question: What is 54 years old, white, female, went to college, has ten years experience, works about forty hours a week, and earned a little under $38,000 last year?

Answer: The typical Realtor®.

These and other data are to be gleaned from the 2009 Membership Profile of the National Association of Realtors® (NAR). (Income figures in the [...]

Sales Skipping Along the Bottom, Median Prices Showing Similar Trend

After a 5.6% increase in August, the median sales price decreased for the month of September. Sales volume followed a similar trend, decreasing slightly month to month.

Single family home sales dropped to 1,631 total units in September. This is a 3.1% decrease from the 1,683 units sold the previous month. Year-to-year, the current figure is [...]

August Sales Slow, Median Sales Price Up

Breaking a period of stagnation, the median sales price moved slightly in August, increasing 5.6% over July’s median sales price. Sales volume, however, decreased month-over-month.

Single family home sales topped out at 1,683 in August, an 8.9% decrease from the 1,848 sales of July. Year-to-year, the current figure is 10% below the 1,871 sales last August. [...]