Are you a visual learner? I am. Today I want to show you how to export data from MLS to make a great visual presentation. This can come in very handy for real estate agents and appraisers when comparing different segments of data in a specific neighborhood, city or county. You might consider doing something like this to display a difference in bedroom count, price vs. square foot range, distressed vs. typical sales or even something like pool vs. no pool. In the video example below I show you how to plot Arms-length vs. REO vs. Short Sales in a neighborhood (like this graph in Elk Grove). I hope it’s easy to understand. Enjoy and let me know if you need any clarification. Happy graphing!!

If you have any questions, or real estate appraisal or property tax appeal needs in the Greater Sacramento Region, contact Lundquist Appraisal by phone 916-595-3735, email, Facebook, Twitter or subscribe to posts by email.

How about some positive real estate news? Let’s unpack all sales in Elk Grove to see the trend with bank-owned vs. short sale properties over the past 36 months. 

The overall percentage of bank-owned sales has decreased in Elk Grove during the last few years. At the same time, short sales have more than doubled in 36 months. Additionally, the total percentage of distressed sales (REO + SS) has decreased from 86% three years ago to 73% over the past two consecutive years. I’ll unpack more of the market in coming days too to share some of the trends I see in the appraisal trenches of Elk Grove. The data above is based on all detached SFR sales in Sacramento MLS

What do you make of the numbers above?

If you have any real estate appraisal, consulting, or property tax appeal needs in the Greater Sacramento Region, contact me at 916.595.3735, by email, on our appraiser website or via Facebook.

The Sacramento real estate market has been hit hard over the past several years, and Plumas Lake has not escaped the damage either. Plumas Lake is a community located in Yuba County about 30 miles north of Sacramento and 10 miles south of Marysville. This neighborhood was built out over the past six years, with the bulk of houses being constructed between 2003-2005.

Plumas Lake is a suburban community, but it does have somewhat of a secluded feel because of the lack of commercial property and conveniences within the immediate neighborhood. The plan was to have developed many commercial parcels by now, but unfortunately little progress has been made beyond a Walgreens. By the way, kudos to Walgreens because they also built a store in the Anatolia area of Rancho Cordova, which faced a similar situation (a new neighborhood was built, but commercial construction lagged far behind residential construction due to the market bubble burst).

Anyway, let’s take a look at recent real estate market trends in the Plumas Lake neighborhood. The graphs below depict the past three years of sales, past one year of sales and current listings and pendings. 

What do you see in the graphs above? Does anything stand out to you? If you are a home owner in Plumas Lake, what is it you enjoy about your community? If you are considering buying a property in Plumas Lake, what is it that draws you to the neighborhood?

Your comments are welcome below. Please also contact me if you have any questions or a need for more developed research or my appraisal services. 916-595-3735 or ryan@lundquistcompany.com.

NOTE: Plumas Lake is located in Yuba County and so data is interesting. Since both Sacramento MLS and Yuba/Sutter MLS carry data for the Plumas Lake area, it’s important to look at and compare both sets of data to make sure to analyze all market activity. With that being said, the graphs above are based on Sacramento MLS for ease of use. Maybe a future post will analyze and compare both systems.

www.SacramentoAppraisalBlog.com Taking a Dip in the Plumas Lake Real Estate Market