is it a buyers or sellers market sacrametno
Sacramento Real Estate is a Continuing Seller’s Market
Our seller’s market is still here. For the fourth straight consecutive month, the pending sales are on the rise, confirming that Sacramento Real Estate is definitely continuing to support sellers over buyers. The first quarter shows closed sales increasing every month.
What does this mean for the Sacramento housing market? Does it mean Sacramento real estate is a continuing seller’s market? We are experiencing continuing price increases, based on high demand and housing shortages. Each neighborhood can be a bit different as this is the greater Sacramento county averages.
For example, we have certainly seen a housing shortage in the south county of Elk Grove. Multiple offers continue on well priced property. The listings have been steadily decreasing since October of 2018.
Yes, Sacramento real estate is a continuing seller’s market. If you would like to sell your property, this is a fantastic time, so please call the Weintraub & Wallace team today at 916-233-6957.
–JaCi Wallace
Weintraub & Wallace