Thoughts On Sacramento Real Estate

Dated: 07/07/2020

Views: 60

Do you see the difference? This image shows the number of listings the same day last year compared to today. This is one reason why it's so competitive out there.

 1) Over 1,700 fewer listings this year.

 2) Fewer listings in every price range. 

 3) Sac, Placer, Yolo, & El Dorado all have fewer listings. 

 4) More pendings this year compared to last year. 

 5) This past Monday saw the highest number of pending contracts for ANY day so far in 2020. 

 6) For six weeks in a row we've had more pendings than new listings hit the market. I talk about that in my weekly video. https://youtu.be/5EZ_WfXycFY 

 7) Buyers are simply coming back to the market much faster than sellers. 

 8) Sales stats for June look really strong. It's still too early to pull them, but sales volume is almost normal if not normal compared to last year and prices are up. Any thoughts?Image may contain: text



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