Sunday, November 29, 2009

Sacramento Regional Real Estate Trends for November 28, 2009

Summary Of Changes for Sacramento County

 
Week of 2009-11-28
Since 2009-11-21
Since 2008-11-29
Direction
#
%
Direction
#
%
Inventory
6770
Up
-122
-1.79%
Up
-1366
-16.8%
Median Asking Price
$189000
Up
-$900
-0.5%
Up
-$13850
-6.80%
Average Asking Price
$240733
Up
-$1746
-0.70%
Up
-$24169
-9.09%
Average Asking Price Per SQFT
$139
Up
-$1
-0.70%
Up
-$14
-9.19%
SIT Inventory
3008
Up
-16
-0.5%
Up
-979
-24.6%
FIT Inventory
595
Up
-18
-2.90%
Up
-1044
-63.7%
New Listings
410
Up
-220
-34.8%
Up
-115
-21.8%
Price Drops
216
Up
-89
-29.1%
Up
-297
-57.8%
Price Increases
28
Up
-2
-6.70%
Up
8
40%

Four County Inventory Levels



Inventory on 2009-11-28: 10927



Asking Price Levels



Price Inventory Levels



Asking Price Distribution



Troubled Inventory Levels



Flipper Market Share



Sellers In Trouble Market Share



Sellers In Trouble Days Since Last Sale



Asking Price Average Percent Loss



Asking Price Total Dollar Losses

(millions)



Weekly Inventory Price Changes



Weekly Inventory Price Changes

7 comments :

patient renter said...

How's the work on the home going?

Max said...

It never ends, man, it never ends. At least the roof doesn't leak (so far :) Just finished up a CAT5 run through most of the house, and most of the electrical work is done as well. My fingertips haven't been this sore in quite a while!

Looks like the market finally disgorged some listings this week, so the E-O-Y inventory decline can begin. Hard to get too excited with a market this rigged, but those "investors" have to sell sometime, right? We'll remember 2009 as the year without a market.

BTW, nice to see you're holding court over at CR. One thing that saddens me about the government takeover of the economy is the diversity of the discussions over on CR has declined. Keep poking Dawg with a stick; that's the only way to keep him mean. :)

patient renter said...

patientrenter (no space) over at CR is actually a different person. When I first noticed someone posting there with that name a few years ago I asked them to change their name. They said that they had been posting under that name for a while, and I think they had. So, there are two of us, at least when it comes to CR :)

Just curious, it sounds like you've been doing some work on the house yourself. Are you experienced with construction or just doing what you can? I'm really not a fan of most newer style homes, but I'm similarly not a fan of the problems and inefficiencies that come with buying an older home. I figure I'll buy something as close to what I want with as little major work needed as possible. It's definitely an important and interesting trade off to consider though.

Max said...

I wondered about that, but I thought It'd be rude to ask. :)

On the "home improvement" side, I used to work for an electrician and did handyman electrical work in college, so I think I know what I'm doing there. The rest I either teach myself or consult with others that have more experience.

I've found that I'm much better at the technical aspects of remodeling: I know how to plumb a toilet or wire a circuit, but I suck at detail work like carpentry.

patient renter said...

Well it sounds like you're more equipped for that sort of work than most, including me. Good luck, and carry on :)

husmanen said...
This comment has been removed by the author.
husmanen said...

Max, doing your own work and a stats guy. Quite impressive! My wife tells me the around the house work and the cars keep me sane. I bought a 1973 450sl for $500, a few months ago, into it about $1500 but I love it. College jobs working roofing, plumbing, fences and electrical gave helped a lot later in life. Enjoy!