JUNE 2024 NEWSLETTER

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Welcome to the June edition of my newsletter! As the summer season heats up, so does the Greater Sacramento Region's housing market. This month, I'm excited to bring you the latest market trends, insightful tips for buyers and sellers, and a spotlight on some of the most stunning properties currently available. Whether you're considering buying, selling, or simply staying informed about the local market, my goal is to provide you with valuable information and expert guidance to help you make the best decisions. Let's dive into the exciting opportunities this month has to offer!

We are half way through 2024! A little inspiration can go a long way. - Mercedeh

People say joy doesn’t just happen to you; you have to find joy. It’s not always easy to choose joy, especially when you have a bad day.

But anything can be done with the right mindset. And maybe start with a smile, a hug for yourself, and a pat on your shoulder.

And most importantly, never lose sight of your worth. Knowing you are enough and worthy will sweep away the clouds and bring you lasting joy.

Market Updates

Greater Sacramento Region

Tri-Counties Data

Market Type:

Seller's Market

Homes for Sale:

2,818 units.

Up 18.9% from last month.

Up 53.7% from last year.

Homes Closed:

1,632 units.

Up 6.8% from last month.

Down 3.9% from last year.

Homes Placed under Contract:

1,823 units.

Up 11.8% from last month.

Up 8.5% from last year.

Average Sold Price per Square Footage:

$348.

Up 0.3% from last month.

Up 3.6% from last year.

Continuous Days on Market:

25 days.

Down 7.4% from last month.

Down 19.4% from last year.

Sold/Original List Price Ratio:

99%.

0% from last month.

0% from last year.

Average For Sale Price:

$871,000

Down 1.8% from last month.

Down 7.1% from last year.

Average Sold Price:

$683,000.

Up 0.1% from last month.

Up 3.3% from last year.

Months of Inventory Based on Closed Sales:

1.8 months.

Up 6.4% from last month.

Up 55.6% 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.

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