October 2024 Newsletter

October 2024 Newsletter

  • Mercedeh Sheik
  • 10/31/24

 
Hello ,
 
As we embrace the crisp, cozy vibes of fall, I'm excited to bring you this month’s newsletter filled with seasonal insights and helpful tips.
 
From preparing your home for the cooler months to the latest market trends, I’m here to guide you through the shifting real estate landscape. You’ll also find a spotlight on a property perfect for this season and updates on local events to enjoy in the autumn air.
 
Let’s make the most of this beautiful season together!
 
Warmly,
Mercedeh Sheik
Market Updates
Greater Sacramento Region
Tri-Counties Data
Market Type:
Seller's Market
 
Homes For Sale
3447 units.
Up 1.5% from last month
Up 44.3% from last year
 
Homes Closed:
1,382 units.
Down 16.1% from last month.
Down 1.6% from last year.
 
Homes Placed under Contract:
1,637 units.
Up 6.3% from last month.
Up 28% from last year.
 
Average Sold Price per Square Footage:
$343.
Up 0.6% from last month.
Down 0.3% from last year.
Continuous Days on Market:
34 days.
Up 3% from last month.
Up 21.4% from last year.
 
Sold/Original List Price Ratio:
97%.
Down 0% from last month.
Down 1% from last year.
 
Average For Sale Price:
$814,000.
Down 1.3% from last month.
Down 3.3% from last year.
 
Average Sold Price:
$646,000.
Down 0% from last month.
Down 1.3% from last year.
 
Months of Inventory Based on Closed Sales:
2.5 months.
Up 19.4% from last month.
Up 47% 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.
 
 
Local Events
Travel | Food | Entertainment
Cozy Cocktails for Fall
Savor the Sweetness
Spice up your season with a delicious fall cocktail! Check out this cozy recipe that’s sure to keep you warm all autumn long. Fall Coffee Cocktails Guide!
Sacramento Kings
Kings Basketball is Back
NBA season is back, and the Sacramento Kings are ready to make this one unforgettable! Don’t miss out—check out their schedule and grab your tickets here: Kings Schedule
Fall Fun
Local Pumpkin Patches
Fall is here! Explore the best pumpkin patches in the greater Sacramento area and get ready for some autumn fun!
Gutter Clean-Up for Fall
Get Ready For Winter!
Put on some gloves, grab a ladder, and clear out the muck, leaves, and twigs from your gutters before winter and storm season hits. Keeping them clean ensures proper water flow, preventing spills that could lead to foundation issues.
The Jacquelyn
Sacramento’s New Escape
From floating meditation to speakers’ seminars to quiet places for you to connect with yourself or others. Check out Sacramento's newest members Social Club.
Bake the Ultimate Cookie
Brown Butter & Maple Pumpkin Cookies
Try this delicious Maple Pumpkin cookie recipe at home—perfect for cozy fall baking with loved ones! It’s easy to make and will fill your kitchen with warm, seasonal flavors. Check out the recipe!
Monthly Real Estate
"Eye Candy"
6352 Calle Montalvo Circle Granite Bay, California, 95746
5 Beds, 6 Baths, 7,250 sqft
$2,650,000 USD
Escape to the epitome of luxury living in the exclusive Los Lagos community of Granite Bay. Custom designed by Michael Kent Murphy, this unique home combines Tuscan elegance with modern luxury, harmonizing seamlessly with nature. Wrapped around a central courtyard, a unique U-shaped layout ensures a stunning view from every window. Upon entering, you step into the stately library, inspired by old country estates, & take in breathtaking views of the outdoor oasis. The dramatic landscaping includes large granite outcroppings. The spacious primary suite boasts a charming, private boulder-lined patio for enjoying your morning coffee, an adjacent workout room, a spa-like bath with dual-sided fireplace, and generous closet with pass through to the laundry room. The kitchen is a chef's dream, featuring high end appliances from Wolf, Miele, Dacor, & Sub Zero. Designed to accommodate multi-generational living, the upstairs suite offers separate living quarters while promoting inclusivity. The outdoor kitchen & lanai enhance the comfortable luxury of the main house. Owned solar panels along with 3 Tesla Power Walls support green living, & the property includes two EV car charger outlets. This home is truly a perfect blend of elegance, luxury, & sustainable living. Your own relaxing oasis!
Greater Sacramento Region | Oct. 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!
Atlanta, GA
Dallas / Forth Worth, TX
Sarasota, FL
Tampa, FL
Toronto, Canada
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
REALTOR®, SRES®, PSA, CNE
CA DRE #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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