No frills here and no graphs. Here they are. I'm only giving you the raw data. Do with it what you will. No opinion and no bias.
For Sacramento county, from the Metrolist MLS as of this morning, these are the numbers I gathered:
Total number of homes for sale as of today: 11414
Total number of vacant homes for sale: 369 (3.2% of total homes for sale)
Total number of short sales for sale: 1779 (15.6% of total homes for sale)
Total number of foreclosures/bank owned homes for sale: 1581 (13.9% of total homes for sale)
Total closed sales in June: 1063
Total sales pending in June: 543
Total closed sales in July so far: 518
Total pending in July so far: 870
There is more fun with numbers to be had here and I'm waiting on some new data that might just surprise you. Stay tuned.
Tuesday, July 24, 2007
Sacramento Market Conditions - Just the Facts
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1 comments:
Fresh from BMIT, the guy you said dealt with Florida:
Sacramento 4 County Metro
10/31/06: 671/3,059 (21.9%)
11/30/06: 908/2,985 (30.4%)
12/30/06: 1,062/3,167 (33.5%)
01/30/07: 1,322/5,000 (26.4%)
02/27/07: 2,804/5,209 (53.8%)
03/30/07: 3,581/5,467 (65.5%)
04/30/07: 4,627/5,791 (79.9%)
05/30/07: 5,096/6,639 (76.8%)
06/30/07: 6,285/6,847 (92.8%)
07/30/07: 5,640/7,372 (76.5%)
Format is:
Date: Foreclosures/Preforeclosures (percent preforeclosure going to foreclosure).
Hey, at least only 76% of the preforeclosures went to foreclosure this month....an improvement from the 92% last month.
Things are looking up! Now you can use these stats to call a bottom!
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