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April Housing Update
April Housing Update
Your Weekly Sacramento Newsletter
From The Best Sac Home Group
Today’s Trivia Question❓
The so-called California Food Revolution helped drive the popularity of artisan products, like fancy cheese and imported ingredients. One supermarket chain, run by a family of Italian foodies, really helped bring gourmet food and drink to the forefront. Today, there’s just one grocery location left—you can visit it on Folsom Blvd. What’s the name of the store (and the siblings who ran it for more than 70 years)?
Answer at the bottom of the newsletter
April Housing Update
First up, we're providing a housing update for April, offering insights into the current market trends and what they mean for buyers and sellers alike.
Stay informed with our latest analysis to make confident real estate decisions.
Next, we focus on an essential aspect of home maintenance: roof care.
We share practical tips on maintaining your roof's integrity, identifying potential issues, and knowing when it's time to call in the professionals to ensure your home stays safe and dry.
With all the valuable updates on the housing market and expert advice on roof maintenance to keep your home in top condition here is to your home goals!
Talk Soon
Suneet AgarwalCEO of the Best Sac Homes Group and Big Block Realty North
Featured Listing
Luxury in Serrano Country Club
295 St Regis Court El Dorado Hills, CA 95762
Indulge in modern luxury and panoramic lake views. This extraordinary custom home, boasting 5 beds and 4.5 baths, leaves no detail untouched. Situated in the exclusive guard-gated Serrano Country Club neighborhood, it offers unparalleled vistas of Folsom Lake. As you enter through the thoughtfully designed formal entryway, a captivating floating staircase, glass-enclosed wine wall, and architectural wall set the tone for sophistication.
April Housing Update
As of March 2024, we are in a sellers market. Listings have increased by 25% compared to last year and inventory is up 15% compared to Februrary. However the number of homes sold has gone down by almost 14% year over year. Though it has increased by 10% from February.
How have the prices changed recently particularly the sold price per square footage?
The average price per square foot was $322 in March which is up almost 2% from February. and over 6% from last year.
This shows us that homes values are going up which is a great sign for sellers and something really important for buyers to think about.
Average Days on Market for March and the Sell Price to List Price Ratio
The average days on market for March was 3 days which is down almost 23% from last year.
Sales Price To List Price Ratio
Sellers are getting closer to the list price at almost 99% which proves how competitive the Sacramento Real Estate Market is, however on average it is still not being hit due to the following factors:
There are less buyers on the market
Unrealistic expectations from homeowners putting their house on the market as they are wanting more than it is worth.
I hope you found this information valuable.
If there is anything we can do to support you personally in these changing times or if you have any further questions about real estate, please feel free to reach out to me.
I would be happy to help you. We love being Sacramento’s real estate resource.
Get the full details in our latest blog!
The Hidden Value of Roof Maintenance: Why It Pays to Care
Your roof is more than just shingles. It's your home's first line of defense against the elements, protecting everything – and everyone – inside.
Yet, roofs are often the "out of sight, out of mind" part of homeownership. Regular roof maintenance isn't glamorous, but boy, does it pay off! Here's why:
Extend Your Roof's Lifespan: Regular inspections and minor repairs catch issues early, saving you thousands on a premature roof replacement. Imagine that leak fixed for a couple hundred dollars vs. thousands for water damage and a new roof.
Protect Your Home's Integrity: A damaged roof can lead to water intrusion, mold, and structural damage. Roof maintenance keeps the whole system in tip-top shape, protecting your investment.
Boost Energy Efficiency: Did you know your roof plays a role in your energy bills? Well-maintained roofs with proper insulation and ventilation help regulate indoor temperatures, lowering heating and cooling costs.
Enhance Curb Appeal: A pristine roof adds value and visual appeal to your home. Roof maintenance keeps it looking its best, whether you plan to sell soon or just enjoy the beautiful view.
Peace of Mind: Imagine a major storm. A well-maintained roof gives you peace of mind that your house is as protected as it can be.
Maintenance Tips
Annual Inspections: Hire a reputable roofer for a yearly checkup. They'll spot things the average homeowner might miss.
Post-Storm Checks: After heavy rain, wind, or hail, do a visual inspection from the ground. Look for missing shingles, debris, or signs of damage.
Keep Gutters Clear: Clogged gutters can lead to water backup and roof damage. Cleaning them regularly is essential roof maintenance.
It's Not DIY (Usually): Roof work can be dangerous. Leave the climbing and repairs to the pros unless you're highly experienced.
Roof maintenance isn't just about fixing problems, it's about preventing them. A well-cared-for roof will reward you with years of protection and lower ownership costs!
HOW MUCH CAN
I BORROW?
In And Around Sacramento This Weekend!
Sacramento's biggest paint party. A unique fusion of paint and sip, karaoke, and an R&B brunch!
Where:
Sacto By Night Lounge
7121 Governors Circle Sacramento, CA 95823 United States
When: April 28th, 2:00 PM - 6:00 PM
BAPAC Sacramento Chapter is excited to present our 5th Annual Crab & Shrimp Feed Fundraiser! Come join us for great food, music, & fun!
Where:
Dante Club
2330 Fair Oaks Blvd Sacramento, CA 95825 United States
When: Saturday, April 27 · 6 - 10pm PDT
💡 Answer to Trivia Question:
Corti Brothers Grocery
There you have it, From the April housing update to roof maintenance tips! Hope you enjoying the Spring Vibes. Keep Positive. Keep it Sactown Strong until next time!
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