Is our housing market on the naughty list or good list this year? Recent trends may be concerning to some buyers and sellers, but there are always opportunities available if you know where to look for them. Today I’ll break down the latest numbers from our housing market and explain what they mean for buyers, sellers, and the future. 

You can watch my full explanation in the video above or skip to each topic using the timestamps provided:

0:00 — Introduction

0:30 — Number of homes for sale vs. number of homes sold

1:04 — Pending sales are down

1:39 — The average price per square foot

2:05 — The list-to-sold ratio

2:33 — Months worth of inventory has increased

3:12 — Buyers still have options in this market

3:31 — What this all means for sellers

4:23 — Homeowners likely have tons of equity

4:55 — Our market is still good for buyers and sellers

If you are looking to buy or sell in the Sacramento area, please call or email my team. We’d love to help you out!