Sacramento County Condo Market Update

Posted by John Lockwood on May 6th, 2008

The market for condos in Sacramento County in April was different from the overall residential market.  Though prices dropped faster than the overall market, unit volume rose less, rising only 11.6% over last year compared to 46% for the market overall.   The average condo sold in Sacramento County in April for $139,758, down 39.9% from […]

Read full post

Sacramento Area Foreclosures, Short Sales, Condos, etc. etc.

Posted by John Lockwood on February 25th, 2008

We’ve updated our listings database.  It was getting pretty long in the tooth there.
Most people who are users of our web site(s) probably don’t know it, but many of our web sites including this one, our Roseville real estate site and our Elite Properties company site actually rely on two different databases of listings.  When […]

Read full post

Sacramento County Condos - Market Update

Posted by John Lockwood on December 7th, 2007

The average condo in Sacramento County sold for $248,895 in November, a .2% increase (huh?  See the statistical notes below) from last November’s average of $248,451.  The median price, however, fell 9.5%, from $245,830 last November to $222,500 this November.  The average sold price per square foot fell 8.3% during this time, from $209.84 last […]

Read full post

The Condo Market in Sacramento County

Posted by John Lockwood on October 24th, 2007

Like the general residential market that is a part of, the market for Sacramento County Condos fell off sharply in September. The median price for a condo sold in September was $195,00, down 18.6% from last year’s median price of $239,595. The average sold price per square foot showed a similar drop […]

Read full post

Sacramento Real Estate Listings Updated

Posted by John Lockwood on October 21st, 2007

I’ve updated our site home lists, including the sections for:

Condos
New Homes
Foreclosures

Most of these sections are pretty much “browse only” as of now, but I plan to have a search tool in place for the foreclosures soon — probably some time this week.
A client once told me that it’d be nice to have such a thing […]

Read full post

Listing Pages Improvements

Posted by John Lockwood on October 9th, 2007

Those of you who do real estate searches from the either our main search page or many of our other search pages have access to listings that are updated six times per week.
I’m not sure why it’s six and not seven.  Presumably it’s to give FTP a Sabbath.  The point is, it’s practically daily, so […]

Read full post

Market Update - Focus on Davis

Posted by Purva Brown on September 30th, 2007

The city of Davis (zip code 95616) seems to be holding up well in this turbulent market. When contrasted with a few other cities, the number of active listings in Davis have fallen along with the number of solds which keeps prices fairly stable.
In 2006, 406 single family residences sold for a median price of […]

Read full post

Sacramento Condo Market

Posted by John Lockwood on September 27th, 2007

This August, eight-six condos sold in Sacramento County, down 4.4% from last year’s volume of 90 units. The average price of condos sold in August was $227,889, down 5.5% from last year’s average of $241,267. On a sold price per square foot basis, however, the drop was a much more bubbler-friendly 16.2%. […]

Read full post

Focus on La Riviera Condos

Posted by Purva Brown on September 8th, 2007

In response to a floor call inquiry, I pulled up information on condos located around La Riviera and Salmon Falls and came away pleasantly surprised. Yes, I know I’m going to get blamed again for being an optimist in this market but this time it seems like I might have the numbers to support my […]

Read full post

Am I Still Bullish On the Sacramento Real Estate Market, and Was I Ever?

Posted by John Lockwood on August 19th, 2007

Back in the early stages of the nationwide and Sacramento real estate market correction (or, depending on your point of view:  “downturn”, “collapse”, or “debacle”), a few of the folks who read the bubble blogs chided me for being too bullish on the market.  At the time I argued with some success that I wasn’t […]

Read full post

Sacramento Condos Market Update

Posted by John Lockwood on August 16th, 2007

Taking a look at sales of condos in Sacramento County in July, we find (as expected) a market that is somewhat softer than for single family homes.  At 11.56 months, inventory is a bit higher than the 10.7 months we reported for the residential market as a whole (which includes condos and other residential units – […]

Read full post

Featured Listing - Beautiful 3 Bedroom Townhome in Citrus Heights

Posted by John Lockwood on August 1st, 2007

A listing that we just entered into VFlyer / Craigslist, etc. is Vicki Agregado’s beautiful townhome listing in Citrus Heights. I visited this listing with Vicki awhile ago and I was especially struck by what a nice setting it, on a shady cul de sac in front and with a large greenbelt in the back.  Check […]

Read full post

Sacramento Real Estate Market - Focus on Condos

Posted by John Lockwood on July 12th, 2007

In June, Condos in Sacramento County fared about the same as Sacramento County real estate in general.  The eighty-two condos that sold in Sacramento County in June fetched an average price of $243,786 in June, down 6.6% from last year’s $261,129.  The median price dropped 2.6%, from $228,500 to $221,500.  With this year’s average footprint being somewhat […]

Read full post

Pavilions Condos and What I Learned There

Posted by John Lockwood on June 2nd, 2007

Last night I went to meet one of my company’s agents, Jamie, to help her with an offer she was working on for a buyer at a new home subdivision, Pavilions Condos.
It was an unusual Friday evening of work.  I happened to be in Sacramento enjoying a few hours off, so it was easy to […]

Read full post

Sacramento Area New Homes, Condos, and Duplexes

Posted by John Lockwood on April 1st, 2007

We’ve updated our lists that we refresh periodically for the following popular property categories:

Condos for Sale in Sacramento County
New Homes in Placer, El Dorado and Sacramento Counties
Sacramento County Duplexes

Enjoy!

Read full post

Condos Near Sac State

Posted by John Lockwood on March 30th, 2007

I’ve been working with several parents of Sac State students in recent months who have decided that rather than spending their money on a dormitory for their college age son or daughter, they can enjoy the short term tax benefits and long term appreciation and value of purchasing a condo near campus instead.
Fortunately there are […]

Read full post

New Listings

Posted by John Lockwood on March 2nd, 2007

We have newly updated listings for condos in Sacramento County and Sacramento County duplexes. We’ve also updated our lists of new homes in El Dorado County, Placer County, and, last but not least, Sacramento County.

Read full post

Site Updates - Duplexes, Condos, New Homes

Posted by John Lockwood on January 26th, 2007

I’ve updated the listings for Sacramento County condos, and duplexes, as well as our list of new homes in El Dorado County, Placer County, and, last but not least, Sacramento County.
Also, if you’ve seen those pages lately, I have to apologize for the bug that crept in to the new home and duplex pages, in […]

Read full post

Rivage in Folsom - John Laing Homes

Posted by John Lockwood on January 25th, 2007

I’ve been working with a client who’s been touring some of the Rivage condos in Folsom with me. These are beautiful brand new condos built by John Laing, just across the street (East Natoma) from their earlier, similar development, Esplanade. They’re running about $331,990 to $370,990 for the units we saw, and feature […]

Read full post

Condo Near Sac State, Congratulations, Gene and Carol!

Posted by John Lockwood on December 27th, 2006

Congratulations to my clients, Gene and Carol, on their exciting purchase of a three bedroom condo near Sac State that closed today. They had wanted a condo for their daughter who’s still going to school there and her friends to rent, and we finished this escrow with lots of good war stories that I […]

Read full post

Sacramento Condo Market Update, November, 2006

Posted by John Lockwood on December 20th, 2006

November’s numbers for condo sales in Sacramento County were not much different from residential sales in Sacramento overall, with modest drops in prices from last year. The average price of a condo in Sacamento County dropped 5.3% from last November’s $262,774, with the average this year coming in at $248,330. Since this year’s […]

Read full post

Sacramento Condo Listings Update

Posted by John Lockwood on December 18th, 2006

Wow, it’s been awhile. Fortunately you always have access to the latest listings on our search page, because our condo listings were looking a bit long in the tooth there. But no matter, they’re updated now, so you can get the latest condo listings here.
Well, that’s what I get for being out selling […]

Read full post

Good Condo Price — FSBO Done Right

Posted by John Lockwood on December 6th, 2006

I got a call from Chris the other day, the seller of a lovely condo I’d shown on Bremen. (See Listing Details or More Photos). It turns out this condo probably wasn’t a fit for the buyer I showed it to, but Chris followed up and asked me to point out some of […]

Read full post

Sacramento Condo Market Relatively Strong

Posted by John Lockwood on November 29th, 2006

I just took a minute to look at the condo numbers for October in Sacramento County, and I found that the numbers did not vary very much from Sacramento’s residential market overall. Actually the numbers were slightly more favorable.
Traditionally, people say that the condo market is the first to turn down when the market […]

Read full post

New Condo Listings, Etc.

Posted by John Lockwood on October 11th, 2006

I’ve updated the listings in the Sacramento Condo area of the site.
In addition, we have a new batch of new home listings for El Dorado County, Sacramento County, and Placer County.
Finally, I’ve updated the Sacramento County Duplex Listings.
As always, you can get the most up to date listings via the […]

Read full post

Sacramento Condo Market - June 2006

Posted by John Lockwood on July 25th, 2006

I was just looking at some (MLS) numbers for condos in Sacramento County for June, and two things stand out (at least to me). The first is that they’re not as bad as I had expected they would be based on some earlier number crunching I’ve done. That’s not to say they’re great, […]

Read full post

Sacramento County Condo Market

Posted by John Lockwood on June 25th, 2006

This May’s Sacramento County Condo Market is down by any measure you care to name from last year. The only exceptions are those where the market is more “down” if the numbers are more up. That is to say, days on market are up and expired listings are up. If you’ve been […]

Read full post

Updated Listings

Posted by John Lockwood on June 24th, 2006

I updated the Sacramento County Duplex Listings page a few days ago, and today I got a plea from a buyer asking me to do the same for the area New Home Listings. While I was at that, I also of course went after the Condo Listings.
I have to apologize for my slowness […]

Read full post

Condos List Updated

Posted by John Lockwood on April 28th, 2006

We’ve updated our listings for Sacramento County Condos. Enjoy.

Read full post

Sacramento Condo Market November 2005

Posted by John Lockwood on December 27th, 2005

As we’ve seen in all segments of the market, sales are down somewhat from last year, with more listings expired unsold. Condo sales are no exception to this general rule.
Condo owners saw their property values increase by 15.1% from November to November. However, since this year’s average condo was larger than last year, […]

Read full post