Saturday, September 29, 2007

Preliminary September Stats

September was not kind to the real estate market. At press time, I'm only seeing 1,031 sold listings during the month of September. Compare that to 1,935 during September of 2006 and you see a 47% drop in sales. I'm sure some stragglers will be entered in the next few days, so I'll be sure to update this over the next week.

6 comments :

Rob Dawg said...

17 months inventory?

The entire Sacto RE industry sharing a thousand sales. Agents must be starving.

AgentBubble said...

That includes Sac, EDH, Placer, and Yolo counties...Not just Sac!

Max said...

Holy crap, that's a 40% m-o-m decline! Credit crunch effects for sure. Last year, the decline from Aug to Sept was 6%.

Anonymous said...

But compared to previous days entry, where the number of new houses dropped more than 1000 may make up for the diffence

Sittin' Out This One said...

Anon 4:35,

I do not understand your point. Will you please elaborate?

Omar Cruz said...
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