Check out this week's Monday Market Minute
Here's the print version:
Over the past week, July 11 through July 18, 2021, in the City of Sacramento, there were:
212 properties on the market
$463K average List Price
202 went into contract
131 sales
$485K average Sales Price
104.8% Sales/List Price ratio
Bottom Line:
The market remains extremely competitive throughout the Sacramento region. In the words of my favorite Sacramento real estate appraiser Ryan Lundquist, there are "days worth of inventory and months worth of buyers."
Sellers, if you're unsure about whether to sell in 2021 or not, you can be sure about this:
Low Inventory + Massive Buyer Demand = Seller's Market of a Lifetime
That's it for now.
Until next week,
Ann Vuletich
Professional Realtor®
Coldwell Banker