Market Minute

Oct. 2, 2018

The #1 Most Powerful Thing You Should Know about Today's Market!

Good afternoon, Sacramento and friends! Thank you for joining me today. Justin Vierra here with the Vierra Group at Keller Williams Realty in Sacramento, checking in with you as we do every month for your Sacramento real estate update. This month, my goal is to deliver to you what I ...

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Posted in Market Minute
Sept. 4, 2018

Cause & Effect of the Changing Market

Good day, Sacramento! Justin Vierra here with the Vierra Group at Keller Williams Realty coming to you with your monthly market update for the Sacramento real estate market update as we do every month delivering you the most valuable and important information in today's market. This month, I want ...

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Posted in Market Minute
Aug. 1, 2018

Market Update w/ Justin Vierra

Today on Market Minute w/ Justin Vierra, we ask and answer the question that everybody wants to know:

IS THE MARKET CHANGING?

The answer? Yes; we are noticing the following changes:

 

  • Seasonally more inventory

 

  • Median home price not increasing like in previous months

 

  • Buyers getting into contract ...

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Posted in Market Minute
June 28, 2018

#MarketMinute - Episode 8

WELCOME BACK TO THE #MARKETMINUTE

This month, we cover the three hottest trends in the Sacramento real estate market!

In summary:

#1 Median home prices are up $5,000.

Month over month, the median home price rose from $370,000 to $375,000. This increasing trend in appreciation doesn't ...

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Posted in Market Minute
May 29, 2018

#MarketMinute - Episode 7

Welcome back to this month's #MarketMinute! 

Let's get right into it!

1. Sacramento prices are going UP!

  • The median house value increased $5,000 from last month!

2. Housing inventory is NEUTRAL but don't wait too long.

  • If you are in the $300k-400k price range, you still have ...
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Posted in Market Minute
April 26, 2018

#MarketMinute - Episode 6

Thanks for stopping by, and welcome back to your monthly #marketminute update, where we discuss the current Sacramento area market trends. In this episode, we discuss:

  • Median Sales Price
  • Comparison to 2017
  • Drivers for the Sacramento area
    • First-time homebuyers
    • Move-up buyers
    • Relocation buyers
  • Current Levels of Inventory
  • What the current ...
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Posted in Market Minute
Feb. 7, 2018

#MarketMinute - Episode 5

Check out the numbers below!
  • New Listings - 1020
  • Total Listings - 1575
  • Sold Listings - 965
  • REMAINING ~ 610
See more Sacramento real estate market statistics here.

In this month's episode of the #MarketMinute this is what you need to know:

For buyers in the market:
  • Get pre-approved! 
  • Very competitive
  • Be ...
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Posted in Market Minute
Jan. 10, 2018

#MarketMinute - Episode 4

Average days on market up, Average home price up!
  • New Listings - Down 24%
  • Pending Sales - Down 17%
  • Inventory - Down to 1.6 months
  • Average Price YOY - Up 8%
  • Days on Market - Up to 27 days
See more Sacramento real estate market statistics here.

In this month's episode of the #MarketMinute this is what ...
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Posted in Market Minute
Nov. 20, 2017

#MarketMinute - Episode 3

 

Less new homes, more homes selling!
  • New Listings - Down 6.2%
  • Pending Sales - Up 4.2%
  • Inventory - Stagnant at 1.7 months
  • Average Price - Up 2%
  • Days on Market - Up to 25 days
What does this all mean...???

In this month's episode of the #MarketMinute this is what ...
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Posted in Market Minute
Oct. 20, 2017

#MarketMinute - Episode 2

 

Posted in Market Minute