The tallest real estate graph ever in Sacramento

Did you hear about the 100 million dollar condo sale in New York recently? It’s hard to grasp just how much money that is for only one residence. For context, $100,000,000 is about a 19% ownership of the Sacramento Kings, a 10% share of the San Francisco Giants, or a 20% ownership of the Oakland A’s (Forbes). After reading about this sale from New York appraiser Jonathan Miller, and seeing his “tall” graph of the New York market, I was inspired to do something similar.

The Tallest Real Estate Graph Ever in Sacramento: From what I can tell, the image below is the tallest real estate graph ever in Sacramento. This is a unique view of the residential housing market from 2012 through 2014. What do you see?

sacramento county sales from 2012 to 2014 - residential only - sales on mls only - by sacramento appraisal blog

The Small Version of the Graph Above:

The small version of sales in sacramento county since 2012 - sacramento appraisal blog

Sales Above $1M in Sacramento County Since 2008:

Sales above 1M in Sacramento County since October 2008 - sacramento appraisal blog

When we look at the market in different ways, sometimes we can better understand it and then explain it to clients. I hope this was helpful and interesting. As always, feel free to share this post with your contacts, and if you plan to post a graph on your site or in your newsletter, please see my sharing policy (it’s an honor when people share – thanks).

Question: What do you see in the graphs above?

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