Sacramento Metro Real Estate
Metro Counties
Intro
Using raw and monthly MLS data from 3 Counties (Sacramento, El Dorado, Placer) for New, Active, Pended, and Sold listings, the average Cumulative Days on Market, and the average Median Price. The data for the Composite Average is for the 52 zip codes, not these 3 Counties.
From this “raw data”, my calculations result in the momentum of each Median Price, the ’10 Yr Mmm Average’ for each data item, ‘Supply’ (New+Active), ‘Demand’ (Pend+Sold), ‘Lean Score’ (long and short-term averages indexed for each data item), ‘Consumption’ (Demand/Supply), ‘Appetite’ (Pend/New), and ‘Turnover’ (Sold/Active).
Geography
Summaries
Sacramento County Snapshot
- The number of [New] listings was 1771 this month, which is 0% LOWER than the previous month and -10% LOWER than last year and is at 91% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Active] listings was 1890 this month, which is 39% HIGHER than the previous month and 92% HIGHER than last year and is at 87% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Pended] listings was 1142 this month, which is -11% LOWER than the previous month and -29% LOWER than last year and is at 79% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Sold] listings was 1153 this month, which is -2% LOWER than the previous month and -30% LOWER than last year and is at 79% of its [10yr Jun Avg], favoring BUYERS.
- Appetite for listings was 64% this month; last month Appetite was 72%; last year Appetite was 82%
- Turnover of listings was 61% this month; last month Turnover was 86%; last year Turnover was 168%
- Consumption of listings was 63% this month; last month Consumption was 79%; last year Consumption was 111%
El Dorado County Snapshot
- The number of [New] listings was 306 this month, which is -18% LOWER than the previous month and -21% LOWER than last year and is at 83% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Active] listings was 520 this month, which is 20% HIGHER than the previous month and 87% HIGHER than last year and is at 74% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Pended] listings was 198 this month, which is -22% LOWER than the previous month and -37% LOWER than last year and is at 79% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Sold] listings was 208 this month, which is -18% LOWER than the previous month and -39% LOWER than last year and is at 85% of its [10yr Jun Avg], favoring BUYERS.
- Appetite for listings was 65% this month; last month Appetite was 67%; last year Appetite was 82%
- Turnover of listings was 40% this month; last month Turnover was 58%; last year Turnover was 123%
- Consumption of listings was 49% this month; last month Consumption was 62%; last year Consumption was 99%
Placer County Snapshot
- The number of [New] listings was 687 this month, which is -10% LOWER than the previous month and -8% LOWER than last year and is at 96% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Active] listings was 904 this month, which is 33% HIGHER than the previous month and 128% HIGHER than last year and is at 92% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Pended] listings was 461 this month, which is -13% LOWER than the previous month and -27% LOWER than last year and is at 86% of its [10yr Jun Avg], favoring SELLERS.
- The number of [Sold] listings was 474 this month, which is -3% LOWER than the previous month and -29% LOWER than last year and is at 84% of its [10yr Jun Avg], favoring BUYERS.
- Appetite for listings was 67% this month; last month Appetite was 70%; last year Appetite was 84%
- Turnover of listings was 52% this month; last month Turnover was 72%; last year Turnover was 169%
- Consumption of listings was 59% this month; last month Consumption was 71%; last year Consumption was 114%
History
Median Price
12 mo EMA
Momentum
Inventory
Momentum
Momentum Gain
Appetite
Turnover
Consumption
CDOM
Cumulative Days on Market (CDOM) represents the number of days a listing spends ACTIVE until SOLD. The number of days PENDING are excluded from the CDOM number.
Distressed
When home owners become under-paid, unemployed, and over-burdened, houses can be foreclosed or be sold “short”. This chart shows the volume of “distressed” sales in our 3 counties. A foreclosure frequently becomes an REO (Real Estate Owned) and to avoid foreclosure, sellers can sometimes be allowed by their lender to sell “short” of the loan balance.
Peaks
In the month, these zip codes had changes resulting in a new high or a possible swing to a lower direction.