Sunday, August 06, 2006

July 2006 Inventory

Sacramento inventory continued to grow in July, albeit at a slower rate, according to several inventory tracking sites. Since the beginning of this year, inventory has grown by at least 72%.

Bubble Markets Inventory Tracking: 17,314
+5% (+809) in July
+72% (+7,235) in 2006

Housing Tracker: 12,023
+6% (+699) in July
+75% (+5,167) in 2006

The Sacramento Housing Bubble blog has not yet posted month end numbers. As of July 25th, the site showed inventory at 17,347. On July 28th, the Sacramento Real Estate Statistics blog measured inventory at 18,716.

This graph shows inventory for the Sacramento housing market as reported in the Sacramento Bee from February 2005 to June 2006. The July figure has not yet been released.

Sacramento Bee (for June): 14,611
+11% (+1,465) in June
+71% (+6,086) in 2006
+134% (+8,365) YOY (since June 2005)

(Note: These sites use different sources for their numbers. Please see the individual sites for more information on methodology and areas of coverage.)

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