Friday, July 21, 2017

Sacramento Real Estate Video Market Update July - August 2017



In June, the median price increased to $347,250 compared to $342,500 in May.

More importantly,  the median is 5.5% higher than a year ago.

Currently there is 1.2 months worth of inventory.  I expect that number to increase more as we approach the summer season but not drastically.  A “normal” or “balanced market” is considered around 2.5— 3 months.

The homes that are priced right, show well and have a high quality marketing plan are getting sold quickly.  However, the properties that are over priced are sitting with little activity until the list price is in line with the true market value.  The overpriced properties are having price reductions to try and get more attention.

I’m calling it a “price sensitive sellers market.”



Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

 Doug Reynolds Real Estate InstaGram    Doug Reynolds Real Estate YouTube Channel     Sacramento Real Estate Blog - Doug Reynolds Realtor     Doug Reynolds Real Estate - Facebook     Doug Reynolds Real Estate - Google+

Wednesday, July 19, 2017

College-Glen Real Estate VIDEO update Q2 2017



Doug Reynolds, a Sacramento Area Realtor, lives and specializes in College-Glen Real Estate.
Tons of great information about College-Glen can be found at my website: www.CollegeGlenRealEstate.com




Now that the Secong Quarter of 2017 is finished, here’s a look back at Q2 and comparing it to last  quarter and a year ago.  This is only for College-Glen (College Greens & Glenbrook) single family homes.

The spring/summer market heated up with the weather.  Prices have risen due to high buyer demand. This large pool of buyers combined with a shortage of inventory (homes for sale) has created a very strong sellers market so far in College-Glen for 2017.  However, sellers can’t get lazy. The homes still need to show well, be priced right and have great marketing.  That combination will produce multiple offers over the list price in a few days. This dynamic is considered a “Price Sensitive Seller’s Market.”

I expect the “Price Sensitive Sellers Market” to continue in the Summer/Fall of 2017.  The buyers are      anxious and waiting to jump on a great new property but not crazy to overpay for a not very    desirable home.





For More information: www.CollegeGlenRealEstate.com 

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

 Doug Reynolds Real Estate InstaGram    Doug Reynolds Real Estate YouTube Channel     Sacramento Real Estate Blog - Doug Reynolds Realtor     Doug Reynolds Real Estate - Facebook     Doug Reynolds Real Estate - Google+



Food Trucks at Glenbrook Park - 7/22/17 - College-Glen Food Truck Mania




Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow my Blog.



clear skies,
Doug Reynolds

Realtor

916-494-8441

 Doug Reynolds Real Estate InstaGram    Doug Reynolds Real Estate YouTube Channel     Sacramento Real Estate Blog - Doug Reynolds Realtor     Doug Reynolds Real Estate - Facebook     Doug Reynolds Real Estate - Google+

College-Glen Quarterly Real Estate Update - Q2 2017



Now that the Secong Quarter of 2017 is finished, here’s a look back at Q2 and comparing it to last  quarter and a year ago.  This is only for College-Glen (College Greens & Glenbrook) single family homes.

The spring/summer market heated up with the weather.  Prices have risen due to high buyer demand. This large pool of buyers combined with a shortage of inventory (homes for sale) has created a very strong sellers market so far in College-Glen for 2017.  However, sellers can’t get lazy. The homes still need to show well, be priced right and have great marketing.  That combination will produce multiple offers over the list price in a few days. This dynamic is considered a “Price Sensitive Seller’s Market.”

I expect the “Price Sensitive Sellers Market” to continue in the Summer/Fall of 2017.  The buyers are      anxious and waiting to jump on a great new property but not crazy to overpay for a not very    desirable home.






Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow my Blog.



clear skies,

Doug Reynolds

Realtor

916-494-8441

 Doug Reynolds Real Estate InstaGram    Doug Reynolds Real Estate YouTube Channel     Sacramento Real Estate Blog - Doug Reynolds Realtor     Doug Reynolds Real Estate - Facebook     Doug Reynolds Real Estate - Google+

COLLEGE-GLEN WEEKLY WEDNESDAY SNAPSHOT 7/19/2017

Every Wednesday I provide a quick Snap shot of the real estate market in my great neighborhood of College-Glen.

 




This week:                   9      active properties
Last week:                  12     active properties   
Two weeks ago:           9      active properties.  
Three weeks ago:        7      active properties. 
Four Weeks ago:          7      active properties
Five Weeks ago:            7      active properties
Six Weeks Ago:             9      active properties
Seven Weeks ago:         9      active properties
Eight Weeks ago:          4      active properties




This week:                     13       pending properties 
Last week:                     10       pending properties
Two weeks ago:             11        pending properties
Three weeks ago:          13        pending properties
Four weeks ago:            13        pending properties 
Five weeks ago:             12        pending properties 
Six Weeks Ago:                10        pending properties 
Seven Weeks ago:            11        pending properties 
Eight Weeks ago:             11        pending properties 







July 2017:                15    sold so far this month
June 2017:                8      total sold
May 2017:                 6      total sold
April 2017:               12     total sold
March 2017:              5      total sold
February 2017:         8      total sold
January 2017:           4      total sold
December 2016:        7     total sold
November 2016:       10     total sold
October 2016:           1      total sold
September 2016:      8       total sold
August 2016:            13     total sold
July 2016:                10     total Sold
June 2016:               15     total sold
May 2016:                12     total sold
April 2016:               10     total sold
March 2016:             7       total sold
February 2016:        7       total sold
January 2016:         10     total sold
December 2015:       8      total sold
November 2015:       5     total sold
October 2015:          7      total sold





**All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. 
All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. 



If you would like a FREE analysis of your homes current market value without any obligation, Call or email.  I’m here to help and love working with sellers and buyers in our neighborhood. Also, Check back each month for the updated statistics.




Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow my Blog.



clear skies,
Doug Reynolds

Realtor

916-494-8441

 Doug Reynolds Real Estate InstaGram    Doug Reynolds Real Estate YouTube Channel     Sacramento Real Estate Blog - Doug Reynolds Realtor     Doug Reynolds Real Estate - Facebook     Doug Reynolds Real Estate - Google+

Wednesday, July 12, 2017

College-Glen Monthly Real Estate Video Update - July 2017





Doug Reynolds is a resident and Real Estate specialist of College-Glen neighborhood in Sacramento, Ca (College Greens and Glenbrook).

This month Doug discusses the sales that closed escrow in June 2017 and how things are looking for the Summer market.


For More information: www.CollegeGlenRealEstate.com 

Connect with Doug Reynolds Real Estate via FacebookYouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

 Doug Reynolds Real Estate InstaGram    Doug Reynolds Real Estate YouTube Channel     Sacramento Real Estate Blog - Doug Reynolds Realtor     Doug Reynolds Real Estate - Facebook     Doug Reynolds Real Estate - Google+