Sacramento Real Estate Market Update 6/30 – 7/7/22

Sacramento Here’s your Weekly Market Update MegaBliss in the Parks & More….

This is the data from 6/30 – 7/7/22 We look forward to bringing the numbers to you, so you can have a pulse on the market too, we’ve got your back!

If you don’t see your neighborhood here reach out to us, and we will send you a market update specifically for you! 916.949.6929
Make it a Blissful Day!

(Credit to Ryan Lundquist from the Sacramento Appraisal Blog for the stats on the Sacramento County data).

Video Transcription:

Hello! I wanna give you a quick market update of the last seven days for MegaBliss in the Parks and More. There are 70 homes currently for sale, 50 homes are currently in contract, and 50 homes have sold in the last seven days, with three price reductions over the last week.

So how is the Sacramento market? We have seen a sharp increase in the number of listings, and we are seeing fewer pendings, which means the inventory is starting to stack up in the active available homes for sale. Our current number of listings are higher than last year but we are still 800 homes less than our typical trend for this time of the year.

In June, buyers paid about an average of 1% below list price. 53% of homes sold above list price last month, compared to last years 76% over list price. So if you have any questions about the Greater Sacramento area, reach out to us. If you’re curious about the specific parks, keep watching and we’ve got the data for you. It’s Melissa with MegaBliss, I’ll talk to you soon. Bye!

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