Sacramento Housing Market Report
June 2020 Sacramento housing, just another year, same old routine. Well, if the Sacramento housing market was a person, she may be saying those things. Since achieving my real estate license and subsequent membership with the Sacramento Association of Realtors in 2012, the Sacramento housing market has outpaced itself every year.
This year has been no different. The Pandemic no doubt affected real estate, but it has been quite the opposite of what everyone was thinking. Well, not the opposite of what the smart, experienced Realtors were saying. Sure, there were and still, are, some price adjustments happening, but look at the numbers below. Numbers never lie.
Cats, Covid19, and selling Sacramento real estate are where much of my time is spent during each waking hour. With cats, COVID19, and selling Sacramento real estate are now part of daily life for this Sacramento Realtor. It occurred to me these three things are where so much of my time is spent each day. When you have nine cats, they are part of every hour of every day.
Of course, all nine cats do not live inside. I do cat rescue and also have purebred Ragdoll cats. Whether inside or out, cats play a significant role in daily life. This picture is of Toby-Tyler on the cat tree. He is a 7-year-old male rescue, and his sister Gidget is on the lower shelf. These two orange tabby cats I rescued. They were abandoned, left inside a wall of a commercial building. As they were not quite two weeks old and I had to bottle feed them every 3 hours. They have been my cats ever since.
The Sacramento County Housing Report for December 2019 comes to us from team member Josh Amolsch. Josh is out there every day in the trenches, working relentlessly. He knows the inventory and how to find the homes his clients dream about. As a well seasoned professional Realtor, Josh knows the market pulse and shares his experience with you in his monthly market trends blog. Enjoy. — JaCi Wallace
The Sacramento County Housing Report for December 2019 includes only Sacramento County single-family homes. No other criteria are included in this particular report. This singular focus of sales gives us a deepened understanding of what is happening in our area. If you want to receive updates for a specific area, a ZIP code, multiple ZIP codes, multi-family properties, and / or land, sign up here for your Sacramento housing report by ZIP code.
The Sacramento Trendgraphix Report for November 2019 includes Sacramento County single-family homes. No other criteria are included so that we can get a broad understanding of what is happening. 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.
The following blog was written entirely by our team member, Josh Amolsch. It is an excellent overview of the November market. This data is published a month behind to ensure all the information is available. We are so proud to have Josh as a member of our team. He works very hard to provide information to his buyers so they are educated about the hyper-local target market when they make offers. — JaCi Wallace
Multiple offers are happening. The Sacramento real estate market in 2012 VS 2019 is similar in so many ways. The article below in italics, A Twist in the Sacramento Real Estate Market, was written in 2012 by my partner Elizabeth Weintraub. So let’s now look at my interpretation of 2019. I just sold an investor-type listing; we had 6 offers, all investors. Several were over the list price. The final selling price was 10% over list. This was the same thing happening in 2012. Multiple offers are happening on properties priced to sell. Low-interest rates, too, at 3.75%. Rents are matching purchase price monthly payments.