College-Glen Quarterly Real Estate Update - Q3 2017

Q3 started HOT in the summer months as most homes were selling at or above list price within a few days.  Lots of buyers and lots of homes getting sold. Very similar to the last two summers past.  As the fall approached and the third quarter came to a close, the market slowed slightly to a #PriceSensitiveSellersMarket .  Still going strong but some homes that were over priced started to sit a bit.  Still offers but 2 or 3 instead of a dozen.  As we enter Q4, the sellers that will have success need to have the combination of priced right/show well/good marketing.  That is the formula for success as a seller during the slightly slower fall and winter months.

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

       

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

College Glen Real Estate update September 2017 - www.CollegeGlenRealEstate.com

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 August 2017 and how things are looking for the Fall market.

For More information: www.CollegeGlenRealEstate.com 

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

     

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

College-Glen Monthly Real Estate Video Update - August 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 July 2017 and how things are looking for the Summer market.

For More information: www.CollegeGlenRealEstate.com 

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

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 Facebook, YouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

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 Facebook, YouTube, and Follow my Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

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 Facebook, YouTube, and Follow his Blog.

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com

College-Glen Monthly Real Estate Video Update - June 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 May 2017 and how things are looking for the Summer market.

For More information: www.CollegeGlenRealEstate.com 

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

clear skies,

Doug Reynolds

Realtor

916-494-8441

               

www.RealEstateWithDoug.com

www.CollegeGlenRealEstate.com