January 2025 newsletter

Mercedeh Sheik
02/11/25

Hello ,

Happy New Year! 🎉 I hope your holiday season was filled with joy and relaxation. As we kick off 2025, I’m excited to share a full recap of how the Granite Bay market wrapped up in 2024, along with December’s real estate data for the Tri Counties. Plus, this month’s edition features a little something for everyone—whether you're looking for local events, fresh seasonal produce, or an exciting matchup between the Kings and the Warriors. And, of course, I’ve got a stunning Eye Candy of the Month feature you won’t want to miss! As always, I’ll wrap up with my trusted Calendar Partners, who bring so much value to my clients throughout the year. Here’s to a fantastic start to 2025!

Warmly,

Mercedeh Sheik

Market Snapshot

Greater Sacramento Region

Tri-Counties Data for December 2024

Homes for Sale: 2,192 🔽 (27.7% from last month) 🔼 (19.6% from last year)

Homes Sold: 1,279 🔽 (3% from last month) 🔼 (15.8% from last year)

Average Sold Price: $671,000 🔼 (0.1% from last month) 🔼 (6% from last year)

Inventory: 1.7 months 🔽 (26.1% from last month) 📉 (Seller’s market!)

Micro Market

Granite Bay, California

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.

Create your Custom Report!

📊 Create Your Own Custom Real Estate Market Report—For Free! Curious how the 2024 market performed? Explore trends across 13 Northern California counties, including Sacramento, Placer, El Dorado, and more. Customize by county, city, or zip code to get insights tailored to your needs. Click HERE to generate your personalized report instantly! 🏡✨

Insight

Why do we have low inventory levels?

According to the third-quarter data just released by FHFA, 73.3% of U.S. mortgage borrowers now have an interest rate below 5.0%—a decline of 12.2 percentage points since Q1 2022. Read More...

Local Events

Travel | Food | Entertainment

Hamilton

Broadway Sacramento

JANUARY 8 – 19, 2025

Back by popular demand, the Tony Award-winning musical brings history to life with a modern twist. Don’t throw away your shot—this is your chance to experience the musical phenomenon live!

What's in Season

January Fruits & Vegetables

Discover the best seasonal produce to add to your January meal plan. Remember to buy local and know your STICKER Labels!

Golden 1 Center

Kings vs. Golden State Warriors

JANUARY 22, 2025 - 7:00 PM

An epic NorCal showdown at the Golden 1 Center—can the Kings defend home court against Steph & the Warriors? Grab your tickets early for what’s sure to be a thriller!

Monthly Real Estate

"Eye Candy"

This month’s featured property is a true showstopper—a modern estate with jaw-dropping views. Click below to take a look!

Greater Sacramento Region | Jan. 2025 Calendar of Events

Partner Cities | Calendar of Events

Traveling outside the Greater Sacramento Region?

My trusted Sotheby’s global partners have hand-picked some of the best events and activities in top destinations!

—This month’s spotlight: Aspen, CO —

If you’re heading to the mountains this winter, my trusted real estate partner in Aspen can help you find a luxurious ski retreat or investment property!

Aspen, CO

Atlanta, GA

Chicago, IL

Dallas / Fort Worth, TX

East Bay of San Francisco, CA

Tampa, FL

Your referrals mean the world to me.

In real estate, there's no greater compliment than a personal referral!

Know someone thinking about buying or selling? I’d love to be their go-to resource for expert guidance and seamless service. Feel free to connect me —I’ll take great care of them!