Michael
Realty Plus
Office 916-368-PLUS (7587), Cell 916-600-7556
Michael_Gesner@sactorealty.com
 
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Sacramento Property
1730 27th St., Sacramento, CA 95816
$1,500

1730 27th St.
Sacramento, CA 95816

Beds: 1
Baths: 1
  Sacramento Property
2245 Park Towne Cir, Sacramento, CA 95825
$600

2245 Park Towne Cir
Sacramento, CA 95825



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Again, the Sacramento region residential real estate market is defying gravity. The last quarter ending 8/19/2019 saw the average sold price per square foot increase to $247 from $236. The average sold price for homes in this region also increased from $430,000 to $438,000. The days on market in the same period decreased from 30 days to 27 days. The months inventory, however, has increased from 2.1 months to 2.9 months.

What does this data mean? The market is still going strong. Things continue to happen. The increase in inventory may make for a correction in the winter.

Buyers are taking advantage of low interest rates. Also, sellers are pricing their home right. Evidence of this is shown by the decrease in time on the market and the List price to sold price is at 99%. As more homes enter the market, things may change. If the economy continues its positive steps, expect the next year to be just like this year. Modest increase in prices; buying and selling to continue.

Realty Plus is a full-service real estate company. It is a small company with two brokers (Michael Gesner and Naeem Syed), and just a few agents (Cora Allison, Minha Javed, esq., and Ras Siddiqui). We look forward to working with you.


Realty Plus

 

 

Michael

 

 


Realty Plus (Michael Gesner, Broker/Owner)

2245 Park Towne Circle, Suite #1
Sacramento, CA  95825

Office 916-368-PLUS (7587)
Cell 916-600-7556
Fax 916-488-1556
Toll Free 888-344-2320
Michael_Gesner@ sactorealty.com

Realty Plus (Michael Gesner, Broker/Owner)

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