There are fewer homes for sale in Sacramento as of the end of November 2011 compared to November 2010. There were 5556 homes for sale back in November 2010. There are 3570 homes for sale in Sacramento at the end of November 2011. That is a 35% drop in the inventory of homes for sale in just one year. The number of available homes for sale has dropped every month for 2011. There is a 2.5 months supply of homes for sale as of November 2011. When the market has less than 3 months supply of homes for sale it is considered a sellers market. Todays buyers will notice that when they look at homes for sale, the first question they might ask is how many offers do you have on the property? Many of the homes for sale right now are getting multiple offers if they are priced correctly. I think the banks are purposely slowing the release of homes for sale because they are the primary home owners in the Sacramento area. They dont want their assets to lose values anymore so they are limiting the supply of homes for sale in Sacramento. If you are a buyer looking for a home in Sacramento in 2012, you should know the market so that you can make an offer on a home quickly. If you are searching for a home for sale in Sacramento then you can go to http://www.thesacramentohomes.com/
The number of homes for sale in Sacramento has droped again for the month ending November 2011. There were 3570 homes for sale in Sacramento county at the end of November. There were 3855 homes for sale at the end of October. That is a 7.4% drop in the number of homes for sale in Sacramento for one month. There were 5556 homes for sale back in November 2010. There was a 35.6% drop in the number of homes for sale in one year. We saw 1449 homes sold in November 2011 compared to 1326 homes sold in November 2010. We have had a 9.7% price drop in the average price sold of homes the last 12 months. Now that the inventory of homes has dropped every month in 2011 and a healthy number of homes sold in November 2011 compared to November 2010, I am willing to bet that we will not see a price drop in homes sold for 2012. I do know that just as recently as two weeks ago I had a home for sale in Sacramento for 100k and every agent that called me about the house asked how many offers I had on the house. That tells me that many homes are getting multiple offers when they are priced correctly. I think that 2012 will be the perfect time for the first time home buyer to purchase a home with the low inventory of homes and the low interest rates. If you are looking for homes for sale in Sacramento , please go to http://www.findhomesforsaleinsacramento.com/ or
I have a remodeled home for sale in Sacramento CA. The address of this house is 7520 Schreiner St. Sacramento CA 95822. The asking price is only $110,000.0. The home has a new heating and ac system. New windows, new exterior paint. The inside has new appliances and granite in the kitchen. It also has new tile flooring along with new laminate flooring throughout the house. This home also has two new bathrooms with tile around the bathtub and on the floor. I calculated the payment with just a 3.5% down payment and it is only around $760.0 per month. Many 2 bedroom apartments in Sacramento are $800.0 per month. This home is located off of highway 5 by the pocket road exit. If you want to see this home for sale in Sacramento ,please call Gordon at 916-261-2381 to see the iside. If you want to search for all the homes for sale in Sacramento then go to http://www.findhomesforsaleinsacramento.com/
There are 80 homes for sale in the Sacramento zip code 95827.The lowest priced home is listed at $58,000.0 and the highest priced home is listed at $250,000.0. This zip code is located off of Highway 50. It is somewhat close to downtown Sacramento. The average days on market are 108 days. The average price per square foot is 93. There are 25 pending sales as of June 30th 2011. 57 homes have sold in the last three months in 95827. It is a very affordable area and close to jobs and transportation. A person could find a lower costing zip code in the Sacramento are but at the expense of crime and lower ranked schools. I have a listing at 3605 Astal Dr. Sacramento. I can say that I have seen alot of activity on the house in the last six weeks. It is listed at 59,000.0. I cant not believe that a person can buy a liveable home in Sacramento for less than 60k. A few years ago that would have been a midwestern city price for a home. Now home buyers can buy homes for sale in Sacramento for less than 100k. These are not war zone homes. They are safe entry level homes for the first time home buyer or investor. If you are looking for a home for sale in the Sacramento area, you should go to http://www.findhomesforsaleinsacramento.com/
Dont look now but the real estate market in the greater Sacramento area is changing. There were 4587 homes for sale in Sacramento at the end of May 2011. That number is down from the September 2010 peak of 5721 Homes for sale in the Sacramento area. There is a 2.9 months supply of homes for sale in the area as of June 1st. The number of pending sales was at 2410 at the end of May. There were only 1243 pending home sales in December of 2010. The supply of homes has dropped and the number of pending sales has increased. I am going to predict that the number of homes for sale at the end of June 2011 will be lower also. We should find out that number in 10 days. If the number of homes for sale does drop again, I think it will be safe to say that home values will firm up. The area's values have dropped over the last eight or nine months. We had a nice remodeled home for sale in Citrus Heights over the winter with a starting price of $160,000.0. It will close escrow next week at $140,000.0. That is just an example of the type of drop on a typical home. If you are a home buyer looking for a home for sale in Sacramento, you should be prepared because many homes are receiving multiple offers. To find homes for sale in sacramento, go to http://www.findhomesforsaleinsacramento.com/
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved