Thursday, October 19, 2006

4 County Sales Stats

I put together some sales stats comparing the September 2005/2006 years for Sacramento, El Dorado, Placer, and Yolo counties. All of the fields should be self explanatory. The only confusing one might be "Original Listing Price" which is the price the house was listed for when initially entered in MLS. These figures are not medians, they are true averages. As requested, I've updated the chart so that it's broken out by square feet.

Click image to view:

6 comments :

Sri said...

It's nice if we can breakdown the #s by 1000-2000, 2000-3000 sq.ft and 3000 and above

AgentBubble said...

sri--

On my way home from work today I was thinking the exact same thing. I'm heading out to Los Angeles and won't be back until Sunday, but I'll run the numbers again and post it up here. The more I thought about it, the more it made sense. Thanks for your post.

AgentBubble said...

I just updated the chart so that it's broken out by square feet. Enjoy!

Anonymous said...

Interesting . . . for small houses in Sac county, number of sales down 43%, avg selling price down 5%, avg price per ft2 down 7%. Days on market are up by about three weeks (I imagine that's the first three weeks of the listing, when the sellers are scratching their heads wondering where all the offers are and their agents are ignoring them because they know the lisitng is overpriced).

JR said...

I am surprised to see that houses are still selling for over $200/sf. The builders will be taking the prices down below that, because they can build and sell for about $150/sf. That tells me there is at least another 25% in price reductions to come. People need to be very careful about buying on the way down to this bottom.

Anonymous said...

JR, the land costs the same whether the home is 2000 sf or 5000 sf so you will still see higher than $200 per foot on the smaller homes.