Welcome to Real Estate 2020

Blog Post Image
Market Trends

Hello Friends,

Welcome to Real Estate 2020, it's set to be a noteworthy year! One of the most exciting things happening this year (in just a few weeks) is my ten-year anniversary as your trusted real estate agent. I jumped into the business as the market was crashing and had to learn the hard way, navigating a sea of bank owned and short sale properties amidst national economic uncertainty.

Before long I was working with investors and flipping houses until things started to normalize around 2015. Inventory levels decreased, homeowner equity was regained and those who lost homes in the crash rebounded and re-entered the market. Over the last few years Sacramento has no-so-quietly become the Relocators destination of choice as one of the remaining few affordable, employable environments in California. I've had the privilege of introducing transplants to the area, and now, with little surprise, I'm beginning to help many clients leave the state.

It's been my pleasure serving clients and the community, the experience is priceless, and I thank each one of you for your support. Please reach out to me directly so we can schedule a one-on-one client appreciation meeting for coffee, happy hour, dessert, or a simple chat. Finally, please check out the stats below to see where we were ten years ago and where we are now in the Greater Sacramento Area, very interesting data, enjoy!

2009

Median Price: $178,000

Average Price: $200,000

Average Price Per Square Foot: $119

Sales: 20,357

FHA: 26%

Cash: 23%

Bank Owned/Short Sales: 72%

 

2019

Median Price: $380,000

Average Price: $419,000

Average Price Per Square Foot: $240

Sales: 16,210

FHA: 19%

Cash: 12%

Bank Owned/Short Sales: 2%