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Quick Stats for Sacramento Homes for Sale in 2011

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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.

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Quick Stats for Sacramento Homes for Sale in 2011

  1. 1. Quick Stats for Sacramento Homes for Sale in 2011 ©www.DavidYaffeeTV.com
  2. 2. Quick Stats for Sacramento Homes for Sale in 2011We are almost at the 3rd quarter of 2011 and I wouldsay that the Sacramento real estate industry has fullyrecovered from being in slump few years back.Let’s take a closer look on the latest stats andhappenings around Sacramento real estate industry,below are important stats that concern homes for salein the entire region for 2011. ©www.DavidYaffeeTV.com
  3. 3. Quick Stats for Sacramento Homes for Sale in 2011Here is your Quick Snapshot and statistics of theindustry in Sacramento for the first two quarters of2011;Price Trends - The median single family home priceas of August 21 2011 for SACRAMENTO is $142,987. ©www.DavidYaffeeTV.com
  4. 4. Quick Stats for Sacramento Homes for Sale in 2011Market Conditions - With a Market Action Index as ofAugust 21 2011 at 19.65, SACRAMENTO is currently abuyers market.Sales and Demand Trends - The average property inSACRAMENTO as of August 21 2011 has been on themarket for about 137 days.9% over last month) wererecorded with more than 4,484 homes listed (up 1.4%from last month.) ©www.DavidYaffeeTV.com
  5. 5. Quick Stats for Sacramento Homes for Sale in 2011Price Per Square Foot - The median price per squarefoot for homes in SACRAMENTO as of August 21 2011is about $95.Sacramento Homes for Sale - There are about 3,519properties on the market in SACRAMENTO as ofAugust 21 2011. ©www.DavidYaffeeTV.com
  6. 6. Quick Stats for Sacramento Homes for Sale in 2011According to another statistics, as of May 2011, a totalof 1,524 closed escrows (down 12.9% over last month)were recorded with more than 4,484 homes listed (up1.4% from last month.)Meanwhile, a total of 2,531 new home listings cameonto the market which is up 3.5% from the monthbefore. ©www.DavidYaffeeTV.com
  7. 7. Quick Stats for Sacramento Homes for Sale in 2011Median home price was $169,900 which is up 2.3%from last month and down 8.2% from last year withan averaging of 50 days on the market.REO: 672 REO sales totaling 44.1% of the total saleswhich is down 20.2% from last month. ©www.DavidYaffeeTV.com
  8. 8. Quick Stats for Sacramento Homes for Sale in 2011SHORT SALE: 344 Short Sales totaling 22.6% which isdown 11.3% over the month before.Total Inventory is up from 2.5 months (April) to 2.9months worth of homes on the market which is up16% from last month. ©www.DavidYaffeeTV.com
  9. 9. Quick Stats for Sacramento Homes for Sale in 2011A 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 ina strong force.Short Sales and Bank REOs are still the norm and willcontinue to me the norm as we move forward. ©www.DavidYaffeeTV.com
  10. 10. Quick Stats for Sacramento Homes for Sale in 2011As we watch this market shift and move we arehopeful to move through the Bank Owned homes soto stabilize and rebuild our market.”Looking for homes for sale aren’t that hard to do, justget and hire your most preferred realtor andeverything will fall into its places. ©www.DavidYaffeeTV.com
  11. 11. Quick Stats for Sacramento Homes for Sale in 2011Just make sure that you hire the most competent oneand not those fly by nights and incompetent realestate agents.You have to check their competency by looking intotheir credentials. If you have a chance, go and askfriends who may know them as well about thebackground of your target realtor. ©www.DavidYaffeeTV.com
  12. 12. Quick Stats for Sacramento Homes for Sale in 2011In the end, if you there are things you still don’tunderstand in the real estate contract, let us say inbuying or even selling properties, you may stillconsider asking help from your hired realtor.They know well what to do in every situationhappening in your real estate deal, so don’t be shy toask them about everything you wanna need to know. ©www.DavidYaffeeTV.com
  13. 13. Quick Stats for Sacramento Homes for Sale in 2011They are much willing to explain to you what youdon’t understand in the contract, and when you feelthat you have already understood everything, thensign the contract right away. ©www.DavidYaffeeTV.com
  14. 14. Quick Stats for Sacramento Homes for Sale in 2011Looking for Sacramento Homes for Sale? Then visitus at www.TheSacramentoRealEstateListings.com !We offer very affordable Sacramento Homes forSale at our site! Visit us today! ©www.DavidYaffeeTV.com
  15. 15. Quick Stats for Sacramento Homes for Sale in 2011 Brought To You By ©www.DavidYaffeeTV.com

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