Friday, May 26, 2006

April 2006 Sales: Regional Volume Drops 37%

***Update: Inclusion of Sacramento County Graphs***

The first three graphs show sales of existing single-family homes in Sacramento County only. Click on any graph to enlarge it.

The first graph shows the year-over-year percent change in the number of homes sold. April marked the 13th straight negative month.


The second graph compares the number of monthly home sales in 2004, 2005, and 2006.

The third graph shows the number of homes sold between January 2004 and April 2006.


The last graph shows the year-over-year percent change in sales volume of existing single-family homes in the Sacramento Region from May 2005 to April 2006. The "Sacramento Region" includes Sacramento, Placer, El Dorado, and Yolo Counties.

12 comments:

Out at the peak said...

Is this also a preview of the USD index graph?

I think this goes well with the Sacto Housing Bubble site where we will probably see 100% inventory increase since 8/1/05 by end of May.

sf jack said...

That's practically a ski slope!

Happy Renter said...

Excellent graphs Lander.
For those that think the market is just returning to normal, We're approaching normal at an alarming speed and don't appear to be slowing down.

Happy Renter said...

I don't know how many of you remember this but in 2002 their was a huge pyramid sceme in Sacramento called" Women helping women"
As many as 10,000 women were involved and few were ever prosecuted. I wonder how many ended up in Real estate?

Happy in SF said...

Man, Happy Renter, that is exactly what I think of when I hear people in Sac talking about how there is no bubble. I watched a dateline on the Sacto chapter of "Women scamming women" birthday party pyramid and the women who were interviewed were in the scam for $5,000 to $100,000, they would not say a single bad word about the scheme knowing that bad press could quicken the collapse. They had these fake smiles, talking about how great it was that the top 6 women made millions, while they were still waiting for their first party.

Happy Renter said...

They called it being birthdayed when everyone would give the winner $5000. That was the whole thing. Women would give each other money hoping they would be next.

Tell me these "free money idiots" weren't later drawn into Flipping Houses or cashing out equity.

BitterRenter said...

What about the Median Price chart? You definitely have the best charts of the Sacto. market anywhere in the blogsphere.

BRAVO!!!

I know how much work that takes - more than I am able to do!!

Thanks, and keep up the great work.

Lander said...

"What about the Median Price chart?"

Scroll down a bit to May 21st or click the "Median Price Graphs" link at the right top corner.

Spacebär said...

Very nice graphs!

BitterRenter said...

Yep, there it is!
Thanks Lander!

tom stone said...

thank you,i always know i will get good information here,and i appreciate that more than words can convey.our local newspaper,the press democrat is dishonest...i called their reporter earlier this week,and after talking to him a few minutes "why don't you verify your numbers instead of relying on realtors exclusively?? got such a line of bs i told him he was lazy and incompetent at best,faugh! and thank you.

David said...

Great graphs. Very informative.

Keep up th good fight!


David
Bubble Meter Blog