Sacramento Appraisal Blog

Market trends and 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.

City of Lodi Real Estate Market Trends

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What’s been happening in the Lodi real estate market? The city of Lodi is located South of Galt and North of Stockton in San Joaquin County. Have a look below at two graphs as well as some market details.

lodi-market-trends

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City of Lodi Real Estate Market Data:

  • 751 sales over past 12 months
  • 151 sales over past 90 days
  • 112 current Pending listings
  • 140 current Active listings
  • 97 current Short Sale Active listings
  • Median Price over past 90 days: $175,000
  • Low Sale over past 12 months: $25,215
  • High Sale over past 12 months: $1,150,000

If you have any questions about the data above or any other market or appraisal-related questions or needs, feel free to contact me at 916-595-3735 or email me at ryan [at] lundquistcompany [dot] com.

“Anatolia” Neighborhood Real Estate Trends in Rancho Cordova

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“Anatolia” is a newly-built HOA community in Southern Rancho Cordova located within the 95742 zip code. There are roughly 2000 housing units which have been built since 2005 and construction is still ongoing. Below you will find some of the latest real estate market trends in Anatolia as of today’s date.

The following graphs take the past thirteen months of sales into consideration and are based upon data provided through Sacramento Metrolist.

anatolia-in-rancho-cordova-real-estate-market-trends-21

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“Anatolia” in Rancho Cordova Real Estate Market Data:

  • 347 sales over past 12 months
  • 80 sales over past 90 days
  • Average of 26.67 sales per month over past 90 days
  • 201 current Listings
  • 7.5 months of housing supply currently listed on the market (due to aggressive pricing, this inventory may not necessarily be on the market that long. In fact, the previous 90 days had 8.5 months of inventory and then the six months prior to that had 12.4 months of inventory. It would appear then that right now the inventory is decreasing).
  • Median Sales Price over past 90 days: $288,000
  • Median Sales Price over previous 90 days: $312,016
  • Median current List Price: $275,000
  • Median Listing Days on Market: 54

Please feel free to give your two cents, ask questions, or provide any supplementary information or data by commenting above. You are welcome to contact me for additional information and questions too at 916-595-3735 or www.lundquistcompany.com

Is that a ski slope? Nope, it’s a trend line of the housing market.

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I had a conversation today with a friend about Rancho Cordova real estate market trends and I made this graph to show her in an image of what words so often say – that the market has declined.

rancho-cordova-sales-2006-2009

When making trend graphs in many local areas and cities in the Greater Sacramento Region, I often think the overall trend looks like a ski slope. This one above is maybe a bit more bunny-slope-like, but still, you get the point. If you have questions about the local real estate market, feel free to contact me at 916-595-3735 or www.lundquistcompany.com

A Closing Thought:  Looking at market trends doesn’t often times “bring gladness to the heart of man” so to speak (that was a quote from Chimay, if you follow), so let’s remember that relationships and so much of life can be wonderful even though home values aren’t much to brag about right now.

Rancho Cordova Real Estate Market Trends in 2009 / Property Taxes in Rancho Cordova

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What’s been happening in the real estate market in the city of Rancho Cordova in 2009 so far? Below is a graph and some stats for you: 

rancho-cordova-real-estate-market-trends-2009

Rancho Cordova Real Estate Market Trends in 2009:

  • 179 total sales in MLS in 2009
  • 77 current Active listings
  • 129 current Short Sale listings
  • 104 current Pending listings
  • 99 of 179 sales were in the 95670 zip code
  • 80 of 179 sales were in the 95742 zip code (Anatolia)
  • Overall 2009 Median Sales Price for 95670:  $165,000
  • Overall 2009 Median Sales Price for 95742:  $290,000
  • Low Sales Price in 95670 in 2009:  $75,000
  • High Sales Price in 95670 in 2009:  $420,000
  • Low Sales Price in 95742 in 2009:  $220,000
  • High Sales Price in 95742 in 2009:  $510,000

Property Taxes in Rancho Cordova (and Surrounding Counties):

While on the subject of Rancho Cordova, I wanted to say a few words on property taxes. When looking at my blog stats and what keywords people are typing in to get here, it is clear that property taxes are on the minds of fellow Cordovans as well as many locals in surrounding counties. There are quite a few people finding this blog by searching for things like “How to Lower Property Taxes in Rancho Cordova”, “City Taxes in Rancho Cordova”, “Stockton Property Taxes”, or “Placer County Property Taxes” (etc…) 

I hope the following information proves to be helpful:

1.Our local cities (including Rancho Cordova) do not collect property taxes. Property taxes are handled through the local Assessor’s Office (for Rancho Cordova, that would be the Sacramento County Assessor’s Office).

2. The Sacramento County Assessor’s Office has not yet released their assessed values for 2009. Their assessed values will be based upon January 1, 2009. You should receive a letter in the mail if they determined that your property taxes have decreased based upon a decline in value last year.

3. When the Assessor’s Office releases their assessment of your property in hopefully May 2009, you can follow a specific set of steps to contest the level of your property taxes if you disagree with their opinion (this process is the same for anyone in Sacramento County or for that matter, anyone in surrounding counties. The exact dates for appealing taxes may differ, so you can check with your local Assessor with specific dates).

4. Read an article I wrote called “The Skinny on Lowering Property Taxes” that gives you the gist of what you need to do to contest your property taxes. I would be glad to help you with this process also. Please see www.SacramentoTaxAppeals.com for further information.

Local Assessor’s Offices in Surrounding Counties:

  • Sacramento County Assessor’s Website
  • Placer County Assessor’s Website
  • Yolo County Assessor’s Website
  • El Dorado County Assessor’s Website
  • San Joaquin County Assessor’s Website
  • Stanislaus County Assessor’s Website
  • Merced County Assessor’s Website
  • Sutter County Assessor’s Website
  • Yuba County Assessor’s Website
  • Solano County Assessor’s Website

    • Let me know if you have any questions. I am glad to talk you through the process of appealing your property taxes in Rancho Cordova (or elsewhere) and help you understand what you need to do. Even if you are in a surrounding county that I also serve (Placer, Yolo, El Dorado, San Joaquin….), feel free to give me a call at 916-595-3735. Just last week I spoke with two property owners who found me through this blog and I was able to shed light on what they need to do for 2009 property taxes and also what they could have done in 2008.

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