Right now there is very little inventory in the market in East Sac as well as all the other neighborhoods in the greater Sacramento area. I’ve been telling clients for a while that we are at what seems like a historically low level, but I hadn’t taken the time to research the numbers. I just knew that having only 26 active residential listings in the East Sac/River Park neighborhoods is the lowest that I’ve ever seen it. Looking at the current listings I see that out of those 26 Active listings only 12 of them are properties that were listed in January. The other 14 are properties that have been on the market for a long time due to unrealistic price, poor location or condition or some other factor. Out of those 12 active January listings, 8 of them are less than a week old and are probably just wanting to have 7 days of market exposure before reviewing offers. Taking a look at it from a different direction I see that we have 46 Pending Sales in East Sac/Rive Park. 5 of those are long close time and have been Pending for a while, but the other 41 are properties that went Pending since the start of January. Most properties are going Pending within 2 weeks of being listed for sale. It is so tempting for me to go down the rabbit hole of data to find out how we compare with the low inventory records of the past (95816 and 95819 has a lower inventory today compared to January 2013 which was our historic low point for the county), but I’ve got to get back to work to help my buyers fight to get their offers accepted and help my sellers pick which of the multiple offers to accept on their listing. I don’t like using what I consider cliché terms for the industry, but this sure is a great time to list a house for sale. It’s a much harder time to buy one...
Read More966 Q Street is Pending
I am very happy to announce that 966 Q Street is now Pending Sale! This is a wonderfully updated townhouse in the great Saratoga Townhomes community. 45 days out and we should be closing this...
Read More905 46th Street Pictures
Most of the work is completed at 905 46thStreet in East Sac. There are many touch up items left and the final cleaning, but aside from that the home is almost finished and looking beautiful! Below are the pictures of the project. There are other amazing projects coming up in East Sac that I will be listing. Feel free to contact me about 1210 40thStreet, 1457 47th Street or even the one on 34th Street that is still in the planning...
Read More905 46th Street Pending Sale
I have this amazing complete remodel home at 905 46th Streetunder contract. They should be finished with all the construction in a few weeks and then my buyer will be able to close and move in early in August. These are other projects coming up in East Sac that I will be listing. Feel free to contact me about 1210 40thStreet and 1457 47thStreet or any other the other upcoming projects in East Sac. If you would like a tour of this home before we close to get an idea of the finishes of their work, please contact me at 916-969-7379. It will give you a great view of the quality of finishes of their other upcoming...
Read MorePending – 1334 39th Street
I am very happy to post that 1334 39th Street went pending a week ago! It is an amazing 103 year old home in East Sac‘s Fab 40’s. I look forward to getting through the inspection period and moving toward closing. You can see more details about this property on my real estate...
Read More1632 11th Street is Pending
Last week we accepted an offer on 1632 11th Street. We are quickly moving towards the completion of the sale of this great downtown Sacramento condo. See more details on my real estate...
Read More
Recent Comments