Wow, is it October already? Time flies when you’re having fun, and I’m always having fun when I’m blogging and coding so hard my hands hurt. Congratulations to Vicki and Wendy both on their new Realtor® cars — looks like everyone on the team but me just took on a new car payment. Oh well, I don’t need one, do I?

You can’t blog and drive at the same time.

September was the first month I really dug into the real estate market statistics for Sacramento and surrounding towns. I do hope you enjoyed the reports and found them useful. Please feel free to add a comment if there’s a special neighborhood you’d like me to post a market analysis on, or if you want a personalized on-site CMA.

Meantime, it does seem to me that the market has slowed a bit from its hectic pace even of July. I judge this not only from what data the MLS gives me, but also from the number of emails we’re getting now versus then. The problem is, since I’ve only been digging into the market numbers for a short time, it’s hard to really comment on whether this is just the normal summer-to-fall seasonal slowdown, or the sign of a more serious softening of the market.

To me, the number that more than anything will tell the tale over the next few months will be the inventory numbers for the various communities.

Given the reports I’ve done so far, I’m sorry to say that my own home town of Cameron Park shows the most slowdown and inventory build-up, while Roseville, El Dorado Hills, and portions of Sacramento have slowed somewhat. Both Placerville and Elk Grove seem to be faring pretty well compared to other local markets. We’ll see if this trend continues as we get into the statistics for October.

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