In The News

GREATER SACRAMENTO LUXURY HOME MARKET FLOURISHED IN 2013

01/15/14 by Lyon Real Estate
(SACRAMENTO, CA) – Sales in the upper end home market throughout the greater Sacramento region improved considerably in 2013 according to data provided by TrendGraphix and reported by Lyon Real Estate.
Closed sales of properties more than $750,000 increased 51 percent in 2013 compared to 2012 reflecting a renewed consumer confidence and sustained rebound in the high-end market throughout Sacramento, Placer, El Dorado and Yolo Counties.

STABILITY BECOMES THE NORM IN SACRAMENTO AREA REAL ESTATE

01/14/14 by Lyon Real Estate
(SACRAMENTO, CA) – The greater Sacramento resale housing market exhibited traditional seasonal behavior in the month of December 2013 according to data provided by TrendGraphix and reported by Lyon Real Estate.
Listing inventory and pending sales dropped 12 percent and 14 percent respectively, while closed sales finished 5 percent higher than the month of November 2013.
Months of inventory still remain in a “seller’s market” range with 1.7 months available below $350,000, 2.4 months in the $350,000 to $750,000 range and 8.1 months above $750,000. These figures are based upon the rate of closed sales.
 

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