Saturday, September 01, 2012

Sacramento Regional Real Estate Trends for September 1, 2012

I've received numerous emails telling me that the pending sales have indeed been removed from the data stream, and when you add them back in, the inventory increases by about 2000. I'm still working on a solution, since my data sources seem to include both at the level I'm reporting here. Stay tuned.

Summary Of Changes for Sacramento County

 
Week of 2012-09-01
Since 2012-08-26
Since 2011-09-03
Direction
#
%
Direction
#
%
Inventory
1986
Down
-11
-0.6%
Down
-4896
-71.1%
Median Asking Price
$209000
Up
$4100
2%
Up
$49001
30.6%
Average Asking Price
$272643
Up
$169
0.1%
Up
$75205
38.1%
Average Asking Price Per SQFT
$148
Steady
$0
0%
Up
$32
27.6%
SIT Inventory
534
Up
2
0.4%
Down
-2638
-83.2%
FIT Inventory
76
Steady
0
0%
Down
-342
-81.8%
New Listings
448
Steady
0
0%
Down
-379
-45.8%
Price Drops
150
Up
38
33.9%
Down
-332
-68.9%
Price Increases
5
Down
-1
-16.7%
Down
-34
-87.2%

Four County Inventory Levels

Inventory on 2012-09-01: 3780

Asking Price Levels

Price Inventory Levels

Asking Price Distribution

Troubled Inventory Levels

Flipper Market Share

Sellers In Trouble Market Share

3 comments :

Abu Dhabi Real Estate said...

The way you explain with the graph and all that stuff is pretty interesting. Waiting for your next Post.

Anonymous said...

What caused that 2012 inventory crash?

Anonymous said...

...and also the spike in asking prices. Was this a data glitch? What's the reason for all of this?