Metrolist Sacramento MLS Pending Sales March-May 2020

Metrolist Sacramento MLS pending sales March-May 2020 is a clear snapshot of the current surge in pending sales. Clearly, May 2020 forward shows increased buyer confidence. We would customarily see an uptick this time of year; however, Covid19 has some buyers nervous about home buying. Many buyers we talk to are surprised when they see the reports like this graph. If they are out shopping, they know as buyers are only allowed two at a time, so buyers are waiting outside in a line on some listings. The above market snapshot is a good example of simplicity and EZ to follow. The inventory is increasing slowly, but not by much.

The buyers are out looking, and our phones are ringing off the hook! Today we have offers on several of our listings; one, in particular, may have multiple offers. It is like a switch came on. Many of the buyers who were waiting to buy since the Covid19 shelter in place occurred in March, decided they had waited long enough. It’s time to take advantage of the historically low-interest rates. The market is hot right now. Since May 1rst, the pending sales are on the rise. Don’t miss your opportunity, as it is knocking at your door.

Metrolist Sacramento MLS pending sales March-May 2020 shows it’s time to buy, and an excellent opportunity exists to sell your property right now while there is little competition. Call us today. Weintraub & Wallace Realtors with RE/MAX Gold can help you navigate the market successfully to achieve your real estate goals. We can be reached at 916-233-6759.

— JaCi Wallace