Almost every home buyer I run into wants to live in either Land Park or Curtis Park. We've got tree-canopied streets, a gorgeous park, shopping, restaurants, a movie theater, friendly neighbors and we can walk to downtown or Midtown Sacramento. Who wouldn't want to live in Land Park or Curtis Park?
That sentiment is most likely reflected in the rising home sales, too. The number of homes sold in 95818 for the month of July has shot up 85.7% over a year ago. Last July, only 14 homes sold in 95818. This July, the number of sold homes is 26.
Interesting, the inventory (actual number of homes for sale) for July topped out at 70 homes for sale. Of those, 10 were bank-owned homes or offered as short sales. The average price-per-square foot was $258. But inventory is dropping. July's inventory was 2.7 months, meaning it would take less than 3 months to sell every home on the market.
Here are the Trendgraphix charts, used with permission, that show housing trends over the past 15 months in Land Park and Curtis Park:
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Certified HAFA Specialist
My Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying columnist for The New York Times-owned About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. DRE License # 00697006.
The Short Sale Savior, by Elizabeth Weintraub, available at Amazon.com.
Lyon Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.
The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate.
Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice. It could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.
