Best Sacramento Real Estate Agent
Real estate work during Covid19 requires patience as everyone is impacted on some level. Though real estate has been named as an essential service along with construction, don’t kid yourself it is not back to normal by a long shot. The scheduling of repairs is often booked weeks out. In many cases, as there have been layoffs in various businesses, a shortage of the workforce can mean delays. This week has been about working longer days. Whatever it takes we are putting in the extra time and effort.
March 2020 housing statistics for Sacramento County is certainly welcome news, per Josh Amolsch, who wrote this blog. Josh is an exclusive buyer’s agent on our team. He really brings to light the numbers and how you can apply them to your situation if you are buying or selling. Enjoy, it’s a great read. — JaCi Wallace
The first thing I noticed about the new March 2020 Housing Statistics for Sacramento County was that the median sales price for single-family homes reached $400,000. This is a 9.6% increase over March 2019. Going back to 2004 shows that this is an all-time record. The last time we were this high, besides last month, was August 2005 when the median reached $395,000. But, $400,000 may seem like a bargain when you consider the median sales price for the four-county region in March 2020 reached $440,000. Wow.
Is lot size correct on your home? This is an interesting question. Recently on a listing, the county tax agency reported on their public site, a lot size of well over an acre. As Realtors, we are not supposed to do investigation on a property at the county. An investigation is the responsibility of the buyer or seller, depending on circumstances.
Agents help facilitate inspectors but we have no qualifications to be an expert at interpreting county records. Another risk an agent takes is you deal with one person at the counter who says one thing; but, if you report this information to your client and later they find out it was incorrect, it could be an issue. The legal departments at our brokerage cringe over stuff like this.
Chairmans Club is a RE/MAX milestone award for a top Sacramento Realtor Team. This award was accepted for our team, Weintraub & Wallace, by Josh Amolsch. This was a year of hard work for all of us and, of course, change. At our international conference this week, the message clearly heard was to “embrace change.” Our team lives that message in all we do, each day.
Everyone contributed to our success over the last year. Without our group of dedicated agents, our wonderful assistant Adina, and our fantastic service providers, this award would not have been possible. It means so much to receive an award celebrating our teamwork. We are a group that helps each other in all we do. It is equally important to us that our clients are always very well taken care of. Our fiduciary duty is to put our client’s needs before our own.
The Sacramento County Housing Report for January 2020 includes Sacramento County single-family homes. No other criteria are included in this particular report so that we can get a broad understanding of what is happening in our area. If you want to get updates for a specific area, even down to a ZIP code or multiple ZIP codes, or multi-family properties or land, sign up for Sacramento Home Sale Reports by ZIP Code.
One of the most important metrics in the Sacramento County Housing Report for January 2020 is that single-family homes are selling faster. The graph below shows 39 days is the average time on the market. Homes are selling close to the seller’s asking price. The green line below shows homes are selling at 98% of asking price, which is also higher than they were in January 2019. Are you writing offers? Are they in line with what sellers are asking?