A kitchen with a white island, stainless steel appliances, and a lot of natural light


  • Mercedeh Sheik
  • 02/13/24

Happy early Valentine's Day. Welcome to my February 2024 newsletter filled with the latest residential real estate single-family home trend in the Greater Sacramento Region including graphs & a summary, three seasonal articles, loan options for beginners, the "Eye Candy" of the month, and various event calendars in major US & Canadian cities.
Mercedeh Sheik
" Love has nothing to do with what you are expecting to get - only with what you are expecting to give - which is everything. " Katharine Hepburn
Market Updates
Greater Sacramento Region
Market Type:
Seller's Market
Homes for Sale:
1,770 units.
Down 10.2% from last month.
Down 17.3% from last year.
Homes Closed:
989 units.
Down 15.3% from last month.
Up 9.4% from last year.
Homes Placed under Contract:
1,397 units.
Up 35.5% from last month.
Up 14.4% from last year.
Average Sold Price per Square Footage:
Down 1.5% from last month.
Up 4.5% from last year.
Continuous Days on Market:
44 days.
Up 35.5% from last month.
Down 14.4% from last year.
Sold/Original List Price Ratio:
Up 1% from last month.
Up 3.2% from last year.
Average For Sale Price:
Up 2.4% from last month.
Up 11.1% from last year.
Average Sold Price:
Down 3% from last month.
Up 4.6% from last year.
Months of Inventory Based on Closed Sales:
1.8 months.
Down 5.9% from last month.
Down 25.3% from last year.
Placer, Sacramento, El Dorado Counties
Combined Tri-Counties Single-Family Home Stats
Number of Homes For Sale/Sold/Pending
Average Price Per SQFT (SOLD)
Average Closed Days on Market & SOLD Price vs. LIST Price
Average Price For Sale & Sold
Months of Inventory Based on Closed Sales
Buyer's Market: More than 6 months of inventory based on closed sales.
Seller's Market: Less than 3 months of inventory based on closed sales.
Neutral Market: 3 - 6 months of inventory based on closed sales.
Get Local & Go Seasonal
Travel | Food | Entertainment
Top pairings
With Valentine's Day in 24-hours - It's a good idea to spend quality time at home with a fantastic bottle of wine and pair it with the perfect cheese!
Eat Seasonally
This comprehensive national database of seasonal food available in the US! Seasonal food is fresher, tastier and more nutritious than food consumed out of season. Find out more...
Whether you are a Wonka fan, a Valentine’s Day romantic or a chocolate connoisseur, these are the chocolate brands you should add to your tasting list. including a local from Flying Noir of Mendocino, California
Loan options for first-home buyers
The first sign of a sustainable fall in mortgage costs will likely inspire thousands of young Americans to jump into the property market for the first time.
But making your first purchase is not just about finding the ideal property; there is lots to think about.
Monthly Real Estate
"Eye Candy"
4021 Legend Drive
Rocklin, CA, 95765
Greater Sacramento Region | Feb. Calendar of Events
Partner Cities | Calendar of Events
When traveling outside of the Greater Sacramento Region, my personalized network of partners has highlighted some of the best activities!
Coming Soon
Coming Soon
Coming Soon
Your referrals are the biggest compliment to me.
There is no higher compliment than a personal referral in the real estate industry!
Should your family and friends need real estate services; please keep me in mind.
I promise to take great care of your referrals.
Mercedeh Sheik
CA DRE #02047874
Positivity is Contagious!
Contact Us
9217 Sierra College Blvd Suite 120, Roseville, CA , 95661
+1 (916) 784-7444 | View Website
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Work With Mercedeh

Clients time and time again testify that she embodies her motto: “positivity is contagious.” Whether you’re looking to buy or sell, no other agent more perfectly combines local market knowledge, negotiation skills, and savvy marketing.

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