Sacramento real estate
The September 2019 Sacramento homes for sale, sold and pended graph above shows some trends to keep in mind this fall. The pendings are higher than they have been all year. Inventory has stayed close over the last six months. Closings were a little down, but that could be longer duration escrows. The September closed sales numbers will answer if this is relevant.
Inventory is significantly lower than a year ago. There does not seem to be an impression that pricing is going down in Sacramento as demand is high and inventory is down. Buyers write your highest and best offer, or you may not be in a home this fall. September 2019 Sacramento homes for sale, sold and pended shows a continuing seller’s market. Pendings show trending up for the last 90 days.
Hello, Sacramento summer and temps of 95 degrees plus. The heat is upon us. Keeping animals watered and plants hydrated as well as our drinking water every hour is so important. Working outdoors in the heat today I started feeling very tired with a serious lack of energy. I realized I was dehydrated so I immediately stopped at the store and bought a couple of bottles of water and began to drink. Within 30 minutes I felt like my old self.
Sacramento is known for hot temperatures thank goodness the evenings include delta breezes. The hot temperatures did not stop open house traffic. We had 3 team open houses today and all had good traffic, over 50 groups. 95 degrees buyers are still out looking. Dedicated home shoppers will look no matter what the temperature. When we say hello Sacramento summer that means good news as this signals home-buying season.
Rural real estate pricing is anything but cookie cutter. There is a wide range of pricing as the country property is mostly custom homes. There is an HOA in one rural real estate subdivision in south county, that feels like a neighborhood. Lot size can vary greatly. There is little price difference between 5-10 acres.
The size of the main home and the number of additional residences and outbuildings has an influence on the final price. Set up for animals on a property has a direct impact on buyers. There is an extensive amount of work and analysis to price properly.
June open houses on Sundays can be a bit quieter the weekend before the Fourth of July. Our team holds several open houses on Sundays and today was no exception. Opens were steady in Land Park, Rancho Cordova, Rosemont, Sacramento and Gold River. All were attended with 4-7 visitors except Gold River, this community had well over 35 people through. Buckeye Court was very popular today.
Sundays are often the best days to meet new people and sell real estate. June open houses are always worth the preparation. Our sellers appreciate our efforts as it only takes 1 person to buy a property. An escrow is always entirely possible. So many agents were away today as the visitors told us their agents were out of town today. Our team was right here in Sacramento working away.
Wild Wednesday real estate. What a day, as it starts with an office meeting, team meetings, two new listings, rescuing a homeless kitten, negotiating repair requests. Then, communications on listings and escrows, over 200 emails, 35 texts and 15 phone conversations later, it was a crazy Wednesday real estate. This is not a tedious job, lol.
If you want to list or sell a property with Realtors who can ride out the busiest day and still find time to market your property, call Weintraub & Wallace Realtors, at 916-233-6759.