North Highlands market statistics

I went into the MLS today and pulled up the market data for HOMES FOR SALE IN NORTH HIGHLANDS CA. There are currently 135 active listings in the 95660 zip code.Out of the 135 listings, 12 are bank owned listings. Thirty Three are short sale listing and 60 are short sale contigent listings. That means these 60 short sale listings allready have offers on them. There are just 30 listings in NORTH HIGHLANDS CA that are not either a short sale or bank owned listing. The average price per square foot is 97 dollars per sq. ft. The lowest listed home right now is $69,900.0 and the highest listed home is $239,000.0. There are currently 72 pending homes for sale on mls right now with the lowest at $59,900.0 and the highest at 249,000.0. There have been 127 homes sold in NORTH HIGHLANDS CA the last three months. That is an average of 42 homes sold per month.The average price per square foot for these sold homes comes out to 99 per sq ft. That means there is a 3.2 months supply of homes for sale in the 95660 zip code. There definatly a difference in prices between the short sale listing and the so called normal listing. The average price per sq ft of the 33 short sale listings is 101 per sq. ft. The average days on market is 70 with an average list price of $113,000.0 The average price per square foot of the 30 normal listings is 121 per sq ft. The average list price is $153,000.0. The average days on the market is 43. You can see by these statistics that if can work on a house, you will save money buying a distressed house in NORTH HIGHLANDS CA.

CITRUS HEIGHT CA MLS STATISTICS

I was on the CITRUS HEIGHTS MLS today looking over the statistics for the zip code of 95621. I found out that there are currently 158 active listings. Out of the 158 actives, there are 61 active contigent listings. These are the short sale listings that do have offers on them. The average list price per sq. foot is 132.0. Out of the 158 active listings, 24 are bank owned listings and 44 are short sale listings. There are 60 pending HOMES FOR SALE IN CITRUS HEIGHTS CA RIGHT NOW.The lowest pending sale is 99k and the highest pending home sale is 305k. There have been 140 homes sold in the last three months. That is an average of 46 homes sold per month. This data is telling me that there is a 3.4 MONTHS SUPPLY OF HOMES FOR SALE IN CITRUS HEIGHTS CA. Since the average price per sq foot of actives is 132 per sq ft. and the average price per square foot of pendings is 127 per sq ft. This data definatly shows there is no downward pressure on prices in CITRUS HEIGHTS CA. If anything it looks like there is a small upward pressure on prices. The supply of homes is only 15 more than September's supply of homes. The housing market traditionally slows down starting in October so the supply really hasnt increase alot.
I would say given the fact that home buyers get a tax credit and the supply of homes isnt increasing tremendously, 2010 looks like a perfect time to buy a house. If a person needs to search for homes they can go to www.rocklinsacramento.com.

The three county market place

I just looked at the sales results for PLACER, SACRAMENTO AND EL DORADO COUNTIES for the period ending November 30th 2009. The number of homes for sale was at 5804 which is down from October's number at 6028. The number of sold homes is also down to 1868 from 2440 which was October's number of homes sold. The number of pending homes for sale is at 2926. That number is higher than October's number of 2854. The average price per sq. ft was at 133 per sq feet. It was at 129 per sq ft for September and October 2009. The average days on market was at 70 for November. That number is about the same as October's number of 69. The overall average price of homes sold in the PLACER, SACRAMENTO AND EL DORADO COUNTIES was $246,000.0. The average price of homes sold in October was $236,000.0. It looks like the inventory of homes for sale is still tightening up and that is causing a slight increase in the average price paid for a home. If you need to search for homes for sale ,please go to www.rocklinsacramento.com

Overall statistics of Sacramento county sales

I just wanted to give some statistics for the entire Sacramento county. Back in August 2008 the number of HOMES FOR SALE IN SACRAMENTO COUNTY was 8280. The number of homes for sale in October 2009 was 3325. The number of homes sold in August 2008 was 2244 and the number of homes sold in October 2009 was 1634.The Average price per sq. foot back in August 2008 was 141. The average price per sq. foot in October 2009 was 123. The median price back in August 2008 was 213k. The median price in October 2009 was 185k. We hit a bottom median price of 165k back in Feb. 2009. The number of months inventory for October 2009 is 2 months for the Sacramento county area. We were at 4.2 months of inventory back in Aug. 2008. It should be interesting to see if the banks increase the inventory starting in Jan. 2010 since we know there are many vacant bank owned homes out there.

Statistics of homes sold in Roseville

I will start with the ROSEVILLE CA zip code of 95747. There are 304 active listings in this zip code. 95747 is considered the WEST ROSEVILLE AREA. The lowest is a 171k house and the highest current listing is a 699k house. In october there were 83 sold homes. In the prior three months from August 18th to November 19th ,there were 264 homes sold. That came out to an average price per square foot of 153.0. There are 88 pending sales right now. The average days on market are 102. There are 174 short sale listings out of the 304 active listings. There are only 11 bank owned listings right now. This all means that there is a three and a half months supply of homes on the market.
I found some very interesting statistics about the 95678 ROSEVILLE zip code. There are only 12 active HOMES FOR SALE IN THIS ROSEVILLE CA AREA. There are currently 25 pending sales in this zip code. There have been 39 homes sold in the last three months. These sold homes were on the market for only 30 days on average. The average price per square foot was 129.0. The lowest home sold was 69k and the highest home sold for 410k. The inventory is very tight in this zip code with less than a months supply of homes. If you are looking for a home in the 95678 zip be prepared to send in multiple offers before one is accepted.

If you have children ages 3 months to 8 years in Sacramento CA area, you should go to www.thestoreclosing.com. This online childrens educactional toy store is closing. They are getting rid of everything at 70% off. You can order out of the area also.

Hot investor zip code

I figured that I would spill the beans on where the hot investor zip code is. It is the North Highlands zip code of 95660. Investors have been buying DISCOUNTED HOMES IN NORTH HIGHLANDS CA for the past year and half now and making a ton of money. There is actually a short supply of homes for sale in the 99k and under price range. There are 60 active listings in the 99k and under price range right now in 95660. The big problem with that is that 46 are active contigent listings. That means they allready have an offer on the house and the listing agent is negotiating with the bank on getting short sale approval. In reality there is only 14 available listings under the 99k price range. Last year you could find many more homes under 100k. A person's window of opportunity to buy a home under 100k in North Highlands is
quickly closing. The investor knows that even at a 90k purchase price on a 3br home that there
mortgage payment on a 15 yr loan is $775.0 per month. They can easily rent that house for $900.0 to $1050.0 per month. This is an incredible opportunity to buy a house where the renter can make your mortgage payments for just 15 years and then you own a house free and clear.