Quick Stats for Sacramento Homes for Sale in 2011

Quick Stats for Sacramento
Homes for Sale in 2011

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Quick Stats for Sacramento Homes
for Sale in 2011
We are almost at the 3rd quarter of 2011 and I would
say that the Sacramento real estate industry has fully
recovered from being in slump few years back.

Let’s take a closer look on the latest stats and
happenings around Sacramento real estate industry,
below are important stats that concern homes for sale
in the entire region for 2011.


for Sale in 2011
Here is your Quick Snapshot and statistics of the
industry in Sacramento for the first two quarters of
2011;

Price Trends - The median single family home price
as of August 21 2011 for SACRAMENTO is $142,987.


for Sale in 2011
Market Conditions - With a Market Action Index as of
August 21 2011 at 19.65, SACRAMENTO is currently a
buyer's market.

Sales and Demand Trends - The average property in
SACRAMENTO as of August 21 2011 has been on the
market for about 137 days.9% over last month) were
recorded with more than 4,484 homes listed (up 1.4%
from last month.)


for Sale in 2011
Price Per Square Foot - The median price per square
foot for homes in SACRAMENTO as of August 21 2011
is about $95.

Sacramento Homes for Sale - There are about 3,519
properties on the market in SACRAMENTO as of
August 21 2011.


for Sale in 2011
According to another statistics, as of May 2011, a total
of 1,524 closed escrows (down 12.9% over last month)
were recorded with more than 4,484 homes listed (up
1.4% from last month.)

Meanwhile, a total of 2,531 new home listings came
onto the market which is up 3.5% from the month
before.


for Sale in 2011
Median home price was $169,900 which is up 2.3%
from last month and down 8.2% from last year with
an averaging of 50 days on the market.

REO: 672 REO sales totaling 44.1% of the total sales
which is down 20.2% from last month.


for Sale in 2011
SHORT SALE: 344 Short Sales totaling 22.6% which is
down 11.3% over the month before.

Total Inventory is up from 2.5 months (April) to 2.9
months worth of homes on the market which is up
16% from last month.


for Sale in 2011
A local realtor said that, “Our Days On Market
(DOM) drop from 74 last month to 50 this month.
When homes are priced right they will sell faster.
Bank Foreclosures are coming on to the marketing in
a strong force.

Short Sales and Bank REOs are still the norm and will
continue to me the norm as we move forward.


for Sale in 2011
As we watch this market shift and move we are
hopeful to move through the Bank Owned homes so
to stabilize and rebuild our market.”

Looking for homes for sale aren’t that hard to do, just
get and hire your most preferred realtor and
everything will fall into its places.


for Sale in 2011
Just make sure that you hire the most competent one
and not those fly by nights and incompetent real
estate agents.

You have to check their competency by looking into
their credentials. If you have a chance, go and ask
friends who may know them as well about the
background of your target realtor.


for Sale in 2011
In the end, if you there are things you still don’t
understand in the real estate contract, let us say in
buying or even selling properties, you may still
consider asking help from your hired realtor.

They know well what to do in every situation
happening in your real estate deal, so don’t be shy to
ask them about everything you wanna need to know.


for Sale in 2011
They are much willing to explain to you what you
don’t understand in the contract, and when you feel
that you have already understood everything, then
sign the contract right away.


for Sale in 2011
Looking for Sacramento Homes for Sale? Then visit
us at www.TheSacramentoRealEstateListings.com !

We offer very affordable Sacramento Homes for
Sale at our site! Visit us today!


Quick Stats for Sacramento Homes for
Sale in 2011
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Quick Stats for Sacramento Homes for Sale in 2011

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Quick Stats for Sacramento Homes for Sale in 2011