Sacramento Association of REALTORS® Web Log » Statistics

Month-to-Month Sales Increase 8.9%, Lowest December Median Since 2000

Janelle Fallan — Fri, 06 Jan 2012 16:00:08 +0000

Sales increased for the month to 1,668 units sold, up 8.9% from the 1,531 closed escrows last month. Year-to-year closed escrows were also up (10.9%) from the 1,504 units sold last December. Making up the closed escrows this month were 561 REOs (33.6%), 490 short sales (29.4%) and 617 conventional sales (37%).

The median [...]

Decrease in Sales Marks Seasonal Downturn, Sales Price Hovering in Mid $160’s

Janelle Fallan — Fri, 09 Dec 2011 16:00:37 +0000

Sales decreased for the holiday season to 1,531 units sold, down 5.1% from the 1,614 closed escrows last month. On the other hand, year-to-year closed escrows were up 17.6% from the 1,302 units sold last November. Making up the closed escrows this month were 514 REOs (33.6%), 453 short sales (29.6%) and 564 conventional [...]

Sales Activity for October Remains Flat, Prices Show Similar Trend

Janelle Fallan — Wed, 09 Nov 2011 16:00:54 +0000

Sales decreased just .1% from 1,615 units sold in September to the current 1,614 units sold this month. Year-to-year, closed escrows were up 20.4% from the 1,341 units sold last October. Making up the closed escrows this month were 590 REOs (36.6%), 436 short sales (27%) and 588 conventional sales (36.4%). These numbers have [...]

Sales Prices Flat, Decreased Activity for September

Janelle Fallan — Thu, 13 Oct 2011 15:00:20 +0000

Sales decreased 5.6% from 1,711 units sold in August to the current 1,615 units sold this month. Year-to-year, closed escrows were up 12.7% from the 1,433 units sold last September. Making up the closed escrows this month were 602 REOs (37.3%), 423 short sales (26.2%) and 590 conventional sales (36.5%). These numbers have stayed [...]

Sales Volume Increases Late in Summer, Sales Price Ticks Down a Notch

Janelle Fallan — Fri, 09 Sep 2011 15:00:03 +0000

This August, sales increased 8.4% from 1,579 units sold in July to the current 1,711 units sold this month. Year-to-year, closed escrows were up 14.4% from the 1,496 units sold last August. 2011 SAR President Doug Covill commented “The numbers show it – sales are up. People are coming out and taking advantage of [...]

Low Inventory Leaves More Buyers Than Property

Janelle Fallan — Tue, 16 Aug 2011 15:00:47 +0000

For July, sales decreased 8.9% from 1,734 units sold in June to the current 1,579 units sold this month. Year-to-year, closed escrows were up 15.8% from the 1,363 units sold last July. Making up the closed escrows this month were 591 REOs (37.4%), 358 short sales (22.7%) and 630 conventional sales (39.9%). These numbers [...]

Seasonal Increase in Sales Showing, Homes Selling Faster

Janelle Fallan — Mon, 11 Jul 2011 15:00:22 +0000

Summer months bring about a usual trend in sales – a welcomed increase. For June, sales increased 5.1% from 1,650 units sold in May to the current 1,734 units sold this month. Year-to-year, closed escrows were down 2.4% at 1,777 units sold. Making up the closed escrows this month were 735 REOs (42.4%), 396 [...]

Sacramento Market Remains Affordable, Monthly Sales Up

Janelle Fallan — Fri, 10 Jun 2011 23:09:30 +0000

Sales increase 8.3% from 1,524 units sold in April to the current 1,650 units sold this month. Year-to-year, closed escrows increased by 7.3% from 1,720. Making up the closed escrows this month were 685 REOs (41.5%), 386 short sales (23.4%) and 579 conventional sales (35.1%). These numbers have changed month to month with REOs [...]

Sales Slow, Median Price Ticks Back Upward

Janelle Fallan — Mon, 09 May 2011 15:00:06 +0000

After a busy March, the Sacramento market activity decreased, with sales dropping 12.9% from 1,750 units sold in March to 1,524 units this month. Year-to-year, closed escrows decreased, but only slightly – by .8% – from 1,536. Making up the closed escrows this month were 672 REOs (44.1%), 344 short sales (22.6%) and 508 [...]

The New Year Starts Off With Seasonal Norms, Home Values Remain Affordable

Janelle Fallan — Fri, 11 Feb 2011 17:38:55 +0000

After the holiday lull, the Sacramento market is returning to normal activity, showing a pick up of pending sales – making way for increase closed escrows for next month. Pending sales this month totaled 1,333, 15.5% more than the 1,154 pending sales in December. Despite the positive trend in pending sales, closed escrows decreased [...]