• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Sacramento Appraisal Blog | Real Estate Appraiser

Real estate appraisals for divorce, estate settlement, loans, property tax appeal, pre-listing and more. We cover Sacramento, Placer and Yolo County. We're professional, courteous and timely.

  • About
  • Appraisals
  • Order
  • Ask Ryan
  • Areas
  • Classes
  • Press
  • Trends
  • Share
  • Contact

What does normal smell like for March real estate in Sacramento?

March 18, 2014 By Ryan Lundquist 1 Comment

Real estate Spring fever is very real. Let me show you a couple of graphs today so we can put our finger on how the Sacramento market normally behaves in March.

march sales in Sacramento

Sales Volume Growth: As you can see, over the past thirteen years there have always been more sales in March compared with February. Why? Because this is when Spring fever tends to kick into high gear – regardless of whether the market has been increasing or declining in value. Remember of course the uptick in sales volume in March is really the result of pending sales from January & February (we’ve had lots of pending sales lately in Sacramento).

sales volume increase from february to march in sacramento county

How much of an increase are we talking about? The percentage increase of sales volume from February to March in Sacramento County has varied from year to year, but is usually above 20%. Sometimes there were as many as 55% more sales from month to month, but the increase was as low as 11.5% in 2009. The past two years have seen a fairly mild launch into March as sales volume from February only increased by 16-22%. For some context, there were 967 single family detached sales last month in Sacramento County and there were just above 450 sales during the first 15 days of March. There are currently almost 2400 pending sales in MLS, which is a huge number. If sales volume in March is going to be considered “normal” compared to the past two years, we will need to see between 1121 to 1179 sales this month.

Questions: What are you seeing out there in the market? Is Spring fever alive and well in the niches you serve? Why do you think sales volume has been more stagnant so far this year?

If you liked this post, subscribe by email (or RSS). Thanks for being here.

Share:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Related

Filed Under: Market Trends Tagged With: House Appraiser, increase of sales, less sales, more sales, real estate spring fever, real estate trends, Sacramento Home Appraiser, slower sales, Spring fever in Sacramento

Reader Interactions

Trackbacks

  1. Seeing Sacramento real estate in chunks | Sacramento Appraisal Blog | Real Estate Appraiser says:
    April 8, 2014 at 6:01 AM

    […] volume is definitely down from last year by over 20%, but March sales were “normal” since volume increased from February to March by 25%. The market usually sees this type of […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Connect with Ryan

 Facebook Twitter LinkedIn YouTube Instagram

Subscribe to Weekly Post

* indicates required

Search this site

Blog Categories

  • Appraisal Stuff (407)
  • Bankruptcy (3)
  • Divorce (4)
  • Estate Settlement (6)
  • FHA Appraisal Articles (56)
  • Internet (53)
  • Market Trends (482)
  • Photos from the Field (126)
  • Property Taxes (70)
  • Random Stuff (231)
  • Resources (566)
  • Videos (161)

Blog Archives: 2009 – 2021

Lundquist Appraisal Links

  • Appraisal Order Form
  • Appraisal Website
  • Rancho Cordova Appraiser Website
  • Sacramento Appraisal Blog Sitemap
  • Sacramento Real Estate Appraiser Facebook Page
  • Twitter: Sacramento Appraiser (@SacAppraiser)
  • YouTube: Sacramento Appraiser Channel

Most Recent Posts

  • How much have prices risen since the bottom of the market?
  • How long can this market keep going?
  • What is your housing persona?
  • Rapid price growth & the Gilmore Girls next door
  • Are first-time buyers targeting 2-4 unit properties?
  • Stale real estate headlines & buyers flocking to El Dorado County
  • My new sewer line adds huge value, right?
  • The housing market nobody predicted
  • Real estate trends to watch in 2021
  • You carried me & a spreadsheet for Christmas

Disclaimer

First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

Please see my Sharing Policy on the navigation bar if you are interested in sharing portions of any content on this blog.

The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

There are no affiliate links on this blog, but there are three advertisements. Please do your homework before doing business with any advertisers as advertisements are not affiliated with this blog in any way. Two ads are located on the sidebar and one is at the bottom of each post. The ads earn a minor amount of revenue and are a simple reward for providing consistent original content to readers. If you think the ads interfere with your blog experience or the integrity of the blog somehow, let me know. I'm always open to feedback. Thank you again for being here.

Copyright © 2021 Sacramento Appraisal Blog