Sunday, May 31, 2009

Sacramento Regional Real Estate Trends for May 30, 2009

Moving very slowly on the new graph layouts. I think I've got a system worked out, so the next eight four conversions shouldn't take too much longer.

As for the data, I'd like to point out an interesting trend on the "Weekly Inventory Price Changes" graph. It appears that fewer and fewer listings are showing week-over-week price drops, which is a sign (to me at least) that sellers are finally setting reasonable selling prices at the beginning of the process. This could merely be a function of the rationality of the seller (mostly banks), or a desire to sell the house quickly. Whatever the cause, it's a broad sign that sellers are finally reading the market accurately.

Four County Inventory Levels



Inventory on 2009-05-30: 11101


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