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January 2025 newsletter

  • Mercedeh Sheik
  • February 11, 2025

 
Mercedeh Sheik
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
Chart of monthly homes for sale, sold, pended, and new listings from October 2023 to December 2024.
Average Price Per SQFT (SOLD)
Bar chart of average sold price per square foot, peaking at $360 in April 2024 and ending at $335 in December.
Average Closed Days on Market & SOLD Price vs. LIST Price %
Chart of average CDOM and SP/Orig LP percentages from October 2023 to December 2024.
Average Price For Sale & Sold
Monthly market chart comparing median prices, sold prices, and for-sale inventory from October 2023 to December 2024.
Months of Inventory Based on Closed Sales
Months of inventory chart, peaking at 2.9 in September 2024 and ending at 1.8 in December.
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.
 
Real estate market report graphic invites viewers to scan a QR code to create a custom report.
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?
Pie chart of U.S. mortgage interest rates in Q3 2024; 73.3% of borrowers have rates below 5.0%.
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
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!
Assorted fresh fruits and vegetables, including red cabbage, citrus, kiwi, Brussels sprouts, and leafy greens.
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!
Sacramento Kings
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!
East Bay of San Francisco, CA
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!
Blonde woman in a black top and gold jewelry, smiling in a professional headshot.
Mercedeh Sheik
REALTOR®, SRES®, PSA, CNE
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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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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Contact Details

Mercedeh Sheik

Phone

(408) 891-8799

Email

[email protected]

OFFICE

Phone

(916) 784-7444

Address

9217 Sierra College Blvd. #120 Roseville, CA 95661 2601 Fair Oaks Blvd. Sacramento, CA 95825

DIRECT LINE

(916) 741-2344  



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