Monday, March 01, 2010

Sacramento Regional Real Estate Trends for February 27, 2010

Summary Of Changes for Sacramento County

 
Week of 2010-02-27
Since 2010-02-20
Since 2009-02-28
Direction
#
%
Direction
#
%
Inventory
6956
Up
72
1%
Up
-450
-6.09%
Median Asking Price
$179981
Up
$81
0%
Up
-$19019
-9.59%
Average Asking Price
$217926
Up
$839
0.400%
Up
-$36782
-14.3%
Average Asking Price Per SQFT
$130
Up
$0
0%
Up
-$16
-11%
SIT Inventory
3235
Up
51
1.600%
Up
-349
-9.70%
FIT Inventory
643
Up
19
3%
Up
-602
-48.3%
New Listings
888
Up
21
2.399%
Up
202
29.39%
Price Drops
411
Up
49
13.5%
Up
-188
-31.3%
Price Increases
47
Up
16
51.60%
Up
14
42.39%

Four County Inventory Levels

Inventory on 2010-02-27: 10870



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


2 comments :

Anonymous said...

Watch the median price increase as the higher end short sale volume increases - those are often selling for less than 50% of peak prices, 60% of loan values.... stunning.


Sippn

Deflationary Jane said...

Sippin,

Mine sold for 42% of the loan value, just 6800 over the 1993 sales price. There are some purchases that make sense but you really have to know what you are doing and stick to your bottom line. Someone just bought the house around the corner from me, slightly smaller but in move in shape for 57k more then mine. Idiots - welcome to the neighborhood.

I don't think the price drops are done by a long shot.