06/01/2021
Here are some market stats. Have a great Tuesday 🏠
Some fresh stats? Yes. We have 54.3% fewer active listings today compared to the same day last year. That's not a shocker because we've seen this trend for about a year now.
1) More listings are starting to hit the market. These days we have close to 1,600 listings in the Sacramento region compared to about 1,200 listings three months ago.
2) The number of active listings is far lower than normal and down in every price category. On one hand we don't have enough listings hitting the market, but one reason why actives are lower too is because so many properties are already in contract.
3) Sales volume has been up for twelve months in a row now. This might seem strange because we have a shortage of listings, but this has been able to happen because buyers are basically buying everything in sight.
4) Stay tuned for lots of stats coming out over the next week.
Hope you had a great weekend. Happy Tuesday!!
Any thoughts?