Sacramento January 2009 Market Update

Posted Feb 9, 2009 @ 5:22 pm, Viewed by 522 Visitors, Read 527 Times.

Trendgraphix information for January 2009 have been released.  The numbers point to a couple of interesting trends -  looking at inventory change in both the last year and 15 months indicates  the drop in available inventory county wide has been substantial.  Both the one year and 15 month categories are also showing dramatic increase in both pending and sold homes.  This change was fueled in part by continued downward pressure on prices as well as the increased availability in bank owned homes.  Financing during this same time period has gotten tighter and shows that there are still a lot of willing buyers who are looking for the right opportunity. 

  1 year 15 months
  Jan 08 Jan 09 % Change Nov 07 Jan 09 % Change
For Sale 9068 5552 -38.8% 9898 5552 -43.9%
Sold 813 1483 82.4% 815 1483 82%
Pended 1188 2205 85.6% 971 2205 127.1%

All Sacramento County - information provided by Trendgraphix.

Let me know if you would like more detailed information - I have this same information available for the entire Sacramento region and can break it down into many different categories including price, zip code, different time periods. Be sure to visit my website to start your search for Sacramento Real Estate

Carolyn Gjerde-Tu is a Broker Associate with Lyon Real Estate.  Visit Discover Davis Homes to get the latest information on Davis Real Estate or Discover Sacramento Homes your source for all of  Sacramento Real Estate

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Carolyn Gjerde-Tu

Carolyn Gjerde-Tu I'm a Broker Associate with Lyon Real Estate in the Davis Office.  My focus is on internet marketing to best help buyers and sellers of Davis and Greater Sacramento Real Estate achieve their goals. Read More

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