Thursday, June 22, 2006

Sacramento Region Home Listings Inventory for June 22, 2006

Apologies for the early post; I’m heading out of town this weekend to escape the summer scorch. That means I’ll miss the weekly inventory leap that happens every Saturday. Oh, well. Next week’s stats will pick it up.

Anyway, for this week up to today, inventory continued to build at about 60 homes per day. The four-county Sacramento Metro area now has 16,668 listings:

I’ve decided to call the exact days I expect Sacramento will surpass the all-time inventory records. We should exceed 17,913 on July 13, and 19,000 by July 31. I wonder what the Bee will say then?

In addition, pending sales for Sacramento County fell off again w-o-w, dropping from 1,257 to 1,245, or 10.6% of all listings. This as county inventory grew by 124 during the same period:

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