Ryan Lundquist
@sacappraiser.bsky.social
Appraiser, housing market analyst, graph maker, blogger, speaker, woodworker wannabe, and family man.
It's not 2021. And it's not 2007. Stats today look very close to the pre-2020 norm in the Sacramento region. This doesn't mean the market is normal, but competition levels feel that way.
February 5, 2025 at 9:08 PM
It's not 2021. And it's not 2007. Stats today look very close to the pre-2020 norm in the Sacramento region. This doesn't mean the market is normal, but competition levels feel that way.
How much did prices change? Here’s the annual median price in 10 counties in the region. Modest change. I think that’s a good way to put it. Keep in mind the median price doesn’t perfectly represent price change for every individual home. My advice? Look to the comps.
January 6, 2025 at 4:38 PM
How much did prices change? Here’s the annual median price in 10 counties in the region. Modest change. I think that’s a good way to put it. Keep in mind the median price doesn’t perfectly represent price change for every individual home. My advice? Look to the comps.
Just in case you woke up wanting to see some annual volume graphs in the Sacramento area. This is how so many neighborhoods look. A little better than one year ago, but just low.
January 5, 2025 at 7:42 PM
Just in case you woke up wanting to see some annual volume graphs in the Sacramento area. This is how so many neighborhoods look. A little better than one year ago, but just low.
FHA used to be such a dominant portion of the market. I think conventional has simply become so much more competitive as a loan over the years. It almost looks like the decrease in FHA was absorbed directly into the amount of conventional growth.
January 4, 2025 at 7:06 PM
FHA used to be such a dominant portion of the market. I think conventional has simply become so much more competitive as a loan over the years. It almost looks like the decrease in FHA was absorbed directly into the amount of conventional growth.
The story of buyers. Financing and cash in home purchases since 2009 in the Sacramento region. What stands out to you?
January 4, 2025 at 5:30 PM
The story of buyers. Financing and cash in home purchases since 2009 in the Sacramento region. What stands out to you?
What's hitting the market so far in 2025? Here's a breakdown of the 158 new listings over the past few days in the region. Any thoughts?
January 3, 2025 at 9:55 PM
What's hitting the market so far in 2025? Here's a breakdown of the 158 new listings over the past few days in the region. Any thoughts?
Buyers in 2024? Here’s a recap of ten counties in the Sacramento region. It’s a good reminder the market isn’t the same in every location. Any thoughts?
January 3, 2025 at 4:39 PM
Buyers in 2024? Here’s a recap of ten counties in the Sacramento region. It’s a good reminder the market isn’t the same in every location. Any thoughts?
When will new listings start to come? Here's a look at the typical rhythm we see. Sellers start to warm up in January after the low point in December. But the market doesn't really hit a stride until March.
January 2, 2025 at 6:20 PM
When will new listings start to come? Here's a look at the typical rhythm we see. Sellers start to warm up in January after the low point in December. But the market doesn't really hit a stride until March.
Ollie got a tux for tonight. I hope you have a great time. Happy New Year from my family to yours.
December 31, 2024 at 10:43 PM
Ollie got a tux for tonight. I hope you have a great time. Happy New Year from my family to yours.
Sellers thawed out more this year. This is definitely the direction we want to see. Lots of recap stats coming soon.
December 31, 2024 at 2:18 AM
Sellers thawed out more this year. This is definitely the direction we want to see. Lots of recap stats coming soon.
The housing market starts to heat up in January from a low in December, but it really hits its stride in March. Here’s a good way to look at it with the number of buyers getting into contract. Any thoughts?
sacramentoappraisalblog.com/2024/12/16/t...
sacramentoappraisalblog.com/2024/12/16/t...
December 19, 2024 at 4:11 PM
The housing market starts to heat up in January from a low in December, but it really hits its stride in March. Here’s a good way to look at it with the number of buyers getting into contract. Any thoughts?
sacramentoappraisalblog.com/2024/12/16/t...
sacramentoappraisalblog.com/2024/12/16/t...
Missing sellers have changed the vibe. Normally we might see volume dip, inventory really build, & prices drop. But today, it's been volume plummeting, a smaller build of supply, & higher prices still. I'm not saying prices can't go down. Just saying it's been a different vibe.
December 14, 2024 at 6:23 PM
Missing sellers have changed the vibe. Normally we might see volume dip, inventory really build, & prices drop. But today, it's been volume plummeting, a smaller build of supply, & higher prices still. I'm not saying prices can't go down. Just saying it's been a different vibe.
18 billion dollars? That's what price volume looks like in the wider Sacramento region so far this year. This is $1.2B higher than one year ago. Any thoughts?
December 13, 2024 at 3:58 PM
18 billion dollars? That's what price volume looks like in the wider Sacramento region so far this year. This is $1.2B higher than one year ago. Any thoughts?
Prices have been flat for months, but check out the rebound in November. But keep in mind we're now comparing today with last year when rates were 8%. Also, square footage was larger in Nov 2024 compared to last year. Any thoughts?
December 12, 2024 at 8:30 PM
Prices have been flat for months, but check out the rebound in November. But keep in mind we're now comparing today with last year when rates were 8%. Also, square footage was larger in Nov 2024 compared to last year. Any thoughts?
Save the date. Next month I’m hosting a gathering at my fav restaurant since my blog is turning 16. Ha ha. It’s just an excuse to get people together. Think of this like a mixer. I’d love to see you there. Please put it on your calendar and let me know if you can make it. Thanks!
December 12, 2024 at 4:47 PM
Save the date. Next month I’m hosting a gathering at my fav restaurant since my blog is turning 16. Ha ha. It’s just an excuse to get people together. Think of this like a mixer. I’d love to see you there. Please put it on your calendar and let me know if you can make it. Thanks!
Seems about right.
December 11, 2024 at 5:12 PM
Seems about right.
I love watching the runners. They’ve worked so hard. This is the California International Marathon in Sacramento. Nice to see the fog start to clear up too. And yes, I rode my longboard to watch.
December 8, 2024 at 5:31 PM
I love watching the runners. They’ve worked so hard. This is the California International Marathon in Sacramento. Nice to see the fog start to clear up too. And yes, I rode my longboard to watch.
Condo supply has seen a sharper increase in supply compared to detached homes. This is a good reminder that not every part of the market is doing the same thing or has the same temperature. Any thoughts?
December 7, 2024 at 10:09 PM
Condo supply has seen a sharper increase in supply compared to detached homes. This is a good reminder that not every part of the market is doing the same thing or has the same temperature. Any thoughts?
What a beautiful morning. Thanks California. I walked 5 miles along the American River. One of my favorite parts of Sacramento. 
November 17, 2024 at 10:34 PM
What a beautiful morning. Thanks California. I walked 5 miles along the American River. One of my favorite parts of Sacramento. 
Fresh stats. Here’s Sacramento County. What stands out to you the most?
November 17, 2024 at 3:29 PM
Fresh stats. Here’s Sacramento County. What stands out to you the most?
I’m new here. Like so many people. What the heck does invalid handle mean?
November 14, 2024 at 11:26 PM
I’m new here. Like so many people. What the heck does invalid handle mean?
Some people talk about how home prices typically go up after a presidential election year, but an election year doesn’t really alter the trend that is already taking place. Here’s a visual I pushed out today with orange bars representing the year after an election. Any thoughts?
November 14, 2024 at 8:02 PM
Some people talk about how home prices typically go up after a presidential election year, but an election year doesn’t really alter the trend that is already taking place. Here’s a visual I pushed out today with orange bars representing the year after an election. Any thoughts?
First post. Can’t go wrong with fall colors starting to show up in Sacramento.
November 12, 2024 at 3:55 AM
First post. Can’t go wrong with fall colors starting to show up in Sacramento.