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Sacramento Real Estate Market Report for June 2008

Sacramento real estate Sac Sales thru 6-08

continues on the upswing with home sales continuing to increase in numbers.

It’s been a steady slow climb which is much more stabilizing than a rush of numbers.

The chart above shows single family home sales from January 2008 through June 2008.

The June 2008 figures will only continue to increase as real estate offices plug their numbers into the system and update the MLS. However, I wanted to get these numbers to you as quickly as possible.

For a look at each individual city and community in the Sacramento area to see how many homes are for sale, how many homes received an offer and are in Pending Sale and how many homes sold click on Sacramento Home Sales Report for June 2008.

Here is a list of the number of SOLD homes in Sacramento per the chart above.

811 Homes Sold in January 2008

917 Homes Sold in February 2008

1,084 Homes Sold in March 2008

1,480 Homes Sold in April 2008

1,544 Homes Sold in May 2008

1,608 Homes Sold in June 2008

Average Sacramento Home Price by Month:

$277,463 January 2008 Average Home Price

$279,599 February 2008 Average Home Price

$273,207 March 2008 Average Home Price

$254,683 April 2008 Average Home Price

$254,325 May 2008 Average Home Price

$243,397 June 2008 Average Home Price

Average Days on the Market to Sell House in Sacramento:

74 Days to Sell House in January

66 Days to Sell House in February

58 Days to Sell House in March

57 Days to Sell House in April

54 Days to Sell House in May

51 Days to Sell House in June

From January 1, 2008 through June 30, 2008 7,654 homes have sold in the Sacramento area. Sacramento Real Estate is continuing to improve little by little with inventory selling and home prices slightly continuing going down.

If you like what you read here on Sacramento Real Estate Voice and want to keep up with the Sacramento Real Estate Market as well as other news worthy items, simply click and subscribe FeedButton to get the latest articles sent to your email.

Want to check which homes, condos, investment properties and land are for sale in Sacramento and the surrounding areas? Just click on the search icon and pick the neighborhood you are interested in finding a home or condo for sale in and around the Sacramento area Sacramento MLS .

Other Sacramento Real Estate Market Stats:

The Outlook for Sacramento Real estate is on the UpSwing

Sacramento St. Patricks Parade and February Home Sales

Sacramento Home Sales Report for January 2008

Did Homes Sell in Sacramento During December 2007?

Sacramento Home Sales Report for November 2007

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

Authored by Gena Riede | Discussion: 4 Comments »

The Outlook for Sacramento Real Estate is on the UpSwing.

Sacramento Homes SoldAs you can see by the chart to the right, the home sales of residential houses from January 2008 through May 2008 has steadily risen.

Homes are selling in the Sacramento County area and Real Estate is alive and recovering. The numbers don’t lie and these are just the single family homes depicted in the above chart.

We are on an upswing.

Here are the actual numbers for each month:

811 Homes Sold in January 2008

917 Homes Sold in February 2008

1,084 Homes Sold in March 2008

1,480 Homes Sold in April 2008

1,544 Homes Sold in May 2008 Sacramento Average Price of Home

Now, the next part of this scenario on the real estate market is price. As evidenced by the chart to the side, average home prices have fallen from January by $23,000 in Sacramento County.

This is allowing more home buyers into the real estate market.

Following are the actual average home sold prices depicted in the chart above.

$277,463 January 2008 Average Home Price

$279,599 February 2008 Average Home Price

$273,207 March 2008 Average Home Price

$254.683 April 2008 Average Home Price

$254,325 May 2008 Average Home Price

 

Want to know how long the average days it took to sell a house in Sacramento County? T

he chart to the right is your visual look for each month from January through May 2008 of the average days on the market to sell.

Actual numbers for each month in 2008 to sell a house are: Days on Market to Sell House

74 Days to Sell a House in January

66 Days to Sell a House in February

58 Days to Sell a House in March

57 Days to Sell a House in April

54 Days to Sell a House in May

With interest rates down, FHA allowing higher loan mortgages, and eager home buyers and investors returning to the real estate market, we are seeing more homes sell, prices dropped slightly over the last 4 months and some happy home buyers.

If you would like to see how many homes sold in your neighborhood along with the average prices for each zip code, just click on the Sacramento Real Estate Market Stats for May 2008.

 

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe FeedButton to get the latest articles sent to your email.If you have a Real Estate question, check out Ask Real Estate Question and read what other home buyers and home sellers have asked or send your question to Gena@GenaSells.com.

If you are thinking of relocating as a home buyer or simply considering selling your house, be sure to check a FREE Sacramento MLS of homes for sale.

 

Other Sacramento Real Estate Market Reports:

Sacramento St. Patricks Parade and February Home Sales

Sacramento Home Sales Report for January 2008

Did Homes Sell in Sacramento During December 2007?

Sacramento Home Sales Report for November 2007

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

Authored by Gena Riede | Discussion: Comments »

Sacramento St. Patricks Parade and February Home Sales

Sacramento Homes Happy St. Pattys Day! Did you have your Green Eggs and Ham this morning? Hope you are wearing green.

Remember, today everyone tis a bit Irish.

Even if youre not, go celebrate in Old Sac Sacramento Downtown and watch the St. Patricks Day Parade at 6:00 pm. I wont get into all the many pubs that will be free flowing if you know what I mean. Have some corn beef and cabbage on me.

Now, for a bit of Irish Sacramento Real Estate and the real estate statistics for the month of February 2008 as appearing in the Sacramento MLS system by neighborhood and zip code.

As usual you may check out your own Sacramento neighborhood for a breakdown of homes for sale, homes in pending sale and homes sold as well as the average price of homes for sale and sold price at Sacramento real estate stats for February 2008. This breakdown of Sacramento neighborhoods pertains to single family residences only.

A combination of all Sacramento County neighborhoods for February 2008 real estate statistics for single family residences is:

7300 Homes were actively for sale during the month of February 2008

1616 Homes received accepted offers and were in Pending Sale for February 2008

1696 Homes Sold from January 1, 2008 through February 29, 2008

$278,034 Average Sold Price of home in Sacramento County in February 2008 with an average of 1724 square feet.

Real Estate market statistics for Condos in Sacramento County that sold in the month of February 2008 are as follows:

586 Condos were for sale during the month of February 2008

157 Condos received and accepted offers from home buyers in February 2008

105 Condos Sold from January 1, 2008 through February 29, 2008

$201,579 Average Condo Sold Price in Sacramento County in February 2008 with an average of 1114 square feet.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe FeedButton to get the latest articles sent to your email.

If you are thinking of relocating as a home buyer or simply considering selling your house, be sure to check a FREE Sacramento MLS of homes for sale.

Other Related Articles:

Sacramento Home Sales Report for January 2008

Did Homes Sell in Sacramento During December 2007?

Sacramento Home Sales Report for November 2007

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

March 2007 Sacramento Home Sales Report

February 2007 Sacramento Real Estate Market

January 2007 Home Sale Report For Sacramento Real Estate

What Sold in Sacramento County in December

November Real Estate Market Stats For Sacramento County By City

Sacramento County Market Statistics For October 2006 By City

Sacramento County Statistics By City 10“19“06

Sacramento Real Estate Statistics For Five Years

Authored by Gena Riede | Discussion: Comments »

Sacramento Home Sales Report for January 2008

Sacramento Home BuyersReal Estate is alive and kicking! Homes are selling. New Homeowners are thrilled with their new houses. Sellers have sold their home, moved to new houses, moved across the State and some relocating.

Life pretty much is going forward. For those that have good credit, there are excellent mortgage loans with fantastic interest rates.

The Real Estate Market statistics (which means the numbers of houses for sale, houses that received an accepted offer by both the home buyer and the Seller as well as the number of homes sold) throughout Sacramento county for January 2008 are ready to view.

The numbers on the chart are by zip code and show the number of homes sold in each of the zip codes as well as the average home price for each zip code.

Below is a re-cap for all of the Sacramento County neighborhood total number of homes sold in January 2008:

8611 Homes for Sale in Sacramento County

$326,684 Average Price of House for Sale in Sacramento County

1,619 Homes in Pending Sale in Sacramento County

748 Homes SOLD in Sacramento County

$376,192 Average Price of Sold Home in Sacramento County

1,708 Average Square Footage of Sold Home in Sacramento County

If you are interested in seeing homes for sale in and around the Sacramento and surrounding areas, feel free to click on Homes for Sale and call me when you are ready.

Are you ready to be a new homeowner? Lets get you pre-approved for a mortgage loan and find out.

If you like what you read here on Sacramento Real Estate Voice simply click and subscribe FeedButton to get the latest articles sent to your email.

Previous Sacramento Real Estate Market Stats:

Did Homes Sell in Sacramento During December 2007

Sacramento Home Sales Report For November 2007

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

March 2007 Sacramento Home Sales Report

February 2007 Sacramento Real Estate Market

January 2007 Home Sale Report For Sacramento Real Estate

Authored by Gena Riede | Discussion: Comments »

Did Homes Sell in Sacramento During December 2007?

SacramentoYou betcha! Sacramento Real Estate is alive and well. With the current low interest rate home buyers are back in the market to buy a house.

December 2007 Real Estate home sale report for Sacramento County is now ready to review.

However, before discussing the Real Estate for Sacramento which is now experiencing unpresidented 50 mile an hour winds from a Winter storm, I would like to remind Sacramento to call the SMUD hotline if you are experiencing any outage or trees down at 1-888-456-SMUD or 911. BLIZZARD warning in the Sierra are now in effect, a first for us!

Hopefully, residents in the Sacramento area are remaining safe as this storm is headed toward Placer County. This is definitely a time when having cleaned house gutters and street gutters will pay off. Home ownership comes with responsibility which means keeping your property properly maintained.

Now, for the December 2007 home sales report. Click on the highlighted link in order to see a break-down for each of the Cities and Communities in Sacramento County for homes sold. Carmichael, Elk Grove, Folsom, Downtown Sacramento, Natomas, Wilton and Rancho Murieta are just a few of the areas with home sale data.

As a summary of Sacramento County, combining all the cities and communities in Sacramento County, here are the December 2007 Real Estate market statistics of residential single family home sales.

Sold Homes in Sacramento

Homes for Sale 8,684

Average List Price $342,097

Average Square Feet of Home for Sale 1,745

Homes in Pending Sale 1,339

Homes Sold 779

Average Price of Sold Home $312,004

Days on the Market 69

Average Square Feet of Home Sold 1,769

The Real Estate market sale report for condominiums in Sacramento County for December is as follows:

Condos for sale 723

Average Price of Condo for sale $202,782

Average Square Footage of Condo for sale 1143

Condos in Pending Sale 110

Condos Sold 56

Average Sold Price of Condo $199,487

Average Days on the Market 81

Average Square Footage of Sold Condo 1162

Again, if you are interested in the specific area that you live within Sacramento County be sure to check the Real Estate market statistics page for each month and compare your neighborhood with other home owners.

As always you are free to look at homes for sale (click to begin looking a homes, condos, land or investment properties for sale) with no obligation.

When you are ready to get serious, please feel free to contact me ( email: Gena@GenaSells.com) or call me at 916.417.2699, so that we can make sure that you are pre-approved by a reputable Lender to find your first or next home.

Happy 2008! Stay safe!

Previous Sacramento County Home Reports:

Sacramento Home Sales Report for November 2007

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

March 2007 Sacramento Home Sales Report

February 2007 Sacramento Real Estate Market

January 2007 Home Sale Report For Sacramento Real Estate

What Sold in Sacramento County in December

November Real Estate Market Stats For Sacramento County By City

Sacramento County Market Statistics For October 2006 By City

Sacramento County Statistics By City 10“19“06

Sacramento Real Estate Statistics For Five Years

Authored by Gena Riede | Discussion: Comments »

Sacramento Home Sales Report for November 2007

Sacramento 2007 Real Estate Market ChartReal Estate home sales for November 2007 for Sacramento County are ready to view.

To the left is a chart showing single family homes sold in Sacramento County since January 2007.

The real estate report for each City/Community in Sacramento County is also ready by clicking Sacramento Real Estate report by city and community. The real estate report represents residential, single family home residences, only that were advertised in the Sacramento Multiple Listing system. Those real estate home numbers are broken down by city and zip codes. If you would like to see the prior month or year simply click on the pull down menu and select the month and year that you wish to view.

Last year, in November 2006 there were 976 single family homes that sold in Sacramento County. It would appear that the average price throughout the Sacramento region has rolled back to the year 2003 in my opinion. And frankly, for the new home buyer with the low interest rates of today, and a good negotiator on your behalf, it couldnt be a sweeter time to buy a house.

For Sacramento County, as a whole, here is the breakdown residential homes throughout the County for November 2007.

9,633 Homes for Sale

$355,631 Average price for home for sale

1,755 Average Square Feet for home for sale

1,504 Homes Accepted Offer and went into Pending Sale

678 Homes Sold

$317,848 Average Price of Sold House

1,770 Average Square Footage of Sold Home

61 Average Days on the Market to Sell

The Condominium Sales for Sacramento County follow:

831 Condos for Sale

$212,257 Average Price of Condo For Sale

1139 Average Square Feet for Condo For Sale

117 Condominiums accepted offer and were in Pending Sale

52 Condos Sold

$253,530 Average Sold Price for Condo

1280 Average Square Footage for Sold Condo

72 Average Days on the Market to Sell

Of course if you are interested in viewing the current homes for sale in Sacramento County, simply click on the MLS photo Home_search_buttonor email me and Ill be more than happy to send homes via your email for you to take a look at.

Prior Sacramento Real Estate Statistics:

Home Sales in Sacramento for October 2007

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

March 2007 Sacramento Home Sales Report

February 2007 Sacramento Real Estate Market

January 2007 Home Sale Report For Sacramento Real Estate

What Sold in Sacramento County in December

November Real Estate Market Stats For Sacramento County By City

Sacramento County Market Statistics For October 2006 By City

Sacramento County Statistics By City 10“19“06

Sacramento Real Estate Statistics For Five Years

Authored by | Discussion: 2 Comments »

Home Sales in Sacramento for October 2007

Sacramento Real Estate was experiencing yet another problem with the Real Estate Home Sales stats page for October 2007. However, at the 9th hour, I was able to enter the Sacramento home sale information for you.

Overall, in Sacramento County for the month of October 2007 there were:

9,799 homes for sale

1,276 homes in Pending Sale

747 homes sold in October for an average of $335,178 with 1,769 square feet

These numbers are indicators for residential single family homes, only. As you can see by the numbers, there are an incredible number of homes for sale and very few homes sold in October. Sacramento County has 13.1 months worth of residential single family home sale inventory.

Read the rest of this entry »

Authored by | Discussion: Comments »

Sacramento Real Estate Home Sales Report for September 2007

Sacramento 2007Home Sales for September 2007 all over Sacramento County is represented by the pie chart to the left.

As always, the Real Estate market statistics here on Sacramento Real Estate Voice are strictly for residential single family houses, only. These numbers do not reflect, condos, multi unit housing, mobile homes, duplexes etc.

Typically, Real Estate offices have 3 days after the end of the month in order to get in all of the home sales, homes in Pending Sale and Sold properties. This is one of the reasons why sometimes you will see differing accounts in the numbers. It is also the reason why Real Estate Market Statistics are not publicized in a timely fashion. Sacramento Real Estate and Luxury Homes made the decision to get you the numbers within the 1st week of the following month.

As you can see, there is an incredible amount of houses STILL for sale in the Sacramento County area.

I continue to say, and I will say once again…if you don’t have to sell, get your house off the market. This is NOT the time to try and sell your house unless you absolutely MUST!

Read the rest of this entry »

Authored by | Discussion: Comments »

Sacramento Home Sales for August 2007

Home Sales For Sacramento from Oct.06 thru Aug 07August 2007 Home Sales for Sacramento County are here.

The chart to the left is a comparison of Homes Sold for the months of October 2006 through August 2007 for Sacramento County Residential Single Family Home Sales.

By clicking on the chart you will be redirected to the breakdown for each City/Community in Sacramento County where the homes for sale, the homes in pending sale and the sold homes for each City are tabulated along with the average home prices and days on the market.

As you can see from the chart above comparing October 2006 Real Estate Sales of 1,067 residential homes being sold to August of 2007 with only 775 residential homes sold in all of Sacramento County. It has been a steady slow decline in the amount of homes that have sold in Sacramento County.

However, it has been a steady incline as the the home for sale. So, when you look at the bigger picture with 10,049 homes actively for sale and only 775 homes sold…the picture doesn’t look very good. If you, as a homeowner don’t “have to” sell your house, you shouldn’t be on the market right now. It’s the old supply and demand theory. Think about it.

What it should be saying to each and everyone of the Sellers is…if you don’t have to sell you shouldn’t be on the market right now. There are way too many homes for sale, in my opinion.

In the past, my stats have been specific to that particular month and not included any homes for sale that did not sell and tagged on to the following month. In the future, my stats will include all active homes for sale not just those that came on the market for that particular month.

For general information about Sacramento County as a whole, here are the Real Estate Market Statistics for Single Family Residential Homes:

For the Month of August 2007

10,049 Homes were actively For Sale

$390,853 was the Average Price for a House

78 Days on the Market was the Average

 

1,205 Homes went into Pending Sale

$360,917 was the Average Price for a House in Pending Sale

64 Days on the Market Before Receiving an Offer

 

775 Homes Sold

$364,909 was the Average Sold Price

61 Days on the Market for Homes to Sell

 

The following Real Estate Market Statistics are for Condominiums in Sacramento County:

For the Month of August 2007

872 Condos For Sale

$236,848 was the Average Price for a Condo

77 Days on the Market for the Average Condo

 

94 Condos received an Offer and were in Pending Sale

$262,909 was the Average Price for a Condo

63 Days on the Market before receiving an Offer

 

74 Condos Sold

$230,036 was the Average Sold Price for a Condo

73 Days on the Market until Sold

 

Don’t forget to check out the City that you live in or think you might like to buy a home or relocate to for the Real Estate Market Statistics for that area by clicking Sacramento County Real Estate Market Statistics for August 2007

 

 

 

Prior Real Estate Statistics:

Sacramento Real Estate Home Sales for July 2007

Home Sales in Sacramento County for June 2007

Sacramento Home Sales Report for May 2007

Sacramento Real Estate Home Sales for April 2007

March 2007 Sacramento Home Sales Report

February 2007 Sacramento Real Estate Market

January 2007 Home Sale Report For Sacramento Real Estate

What Sold in Sacramento County in December

November Real Estate Market Stats For Sacramento County By City

Sacramento County Market Statistics For October 2006 By City

Sacramento County Statistics By City 10–19–06

Sacramento Real Estate Statistics For Five Years

 

 

Authored by | Discussion: Comments »

Sacramento Real Estate Home Sales for July 2007

Sacramento County July2007 Home SalesHome sales for Sacramento Real Estate are ready to view. Each of the Cities/Communities are available by zip code for current homeowners and those relocating to the Sacramento, CA area.

Each month these Real Estate market numbers are available to you for comparison. While viewing the July Real Estate Market Statistics for Sacramento Real Estate, simply pull the menu bar down and check out the previous months.

These Real Estate statistics are for single residential homes, only.

As an overview of Sacramento County as a whole, here are the combined Real Estate Market Sales for the month of July 2007:

Read the rest of this entry »

Authored by | Discussion: 2 Comments »

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Sacramento Real Estate Voice, 550 Howe Ave.,Suite 100, Sacramento CA 95825. Licensed in CA. Modified: 7/02/08 10:25:44 AM The information provided herein is supplied by several sources and is subject to change without notice. Sacramento Real Estate Voice does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied.