Real Estate Ray's Blog: West Elk Grove and Laguna Area Update for May 2020

West Elk Grove and Laguna Area Update for May 2020

Elk Grove West of Highway 99

Sales Data for Elk Grove in May 2020

     Elk Grove pricing has been holding up well year over year, but there has been  a general down trend over the last few months (See links below for past month information).  The median price for March and April, respectively, was $465,000 and $470,000.   Thirty five of the sold homes had two or more offers and homes did sell for 99.7% of their list price.  As long as you follow recommended practices, you can view homes in Elk Grove.  Call me if you would like to make an appointment.

View homes in West Elk Grove

     We have two really nice 55+ communities in Elk Grove; Heritage at Lakeside and Glenbrooke by Del Webb.

View 55+ Commnities in West Elk Grove

Homes in Glenbrooke by Del Webb      Heritage at Lakeside

Laguna Area Homes

Sales Data for Laguna Area Homes

    Pricing in the Laguna area is similar to the West Elk Grove area.  It is up year over year and over a two month period, but the median price did hit $516,000 in April.  We could really use some more active listings in Laguna.  Last year's 27 was low and we are currently over 40% below that number.  If you are looking to purchase, the competition will be stiff.  If you are looking to sell, there is plenty of demand.

View homes in Laguna

     How does Elk Grove fit into the overall Sacramento Market?  Check out this week's Sacramento Appraisal Blog, by Ryan Lundquist.  Bigger Things, Zooming Out & Buyers versus Sellers.

 

 

View April Report for Elk Grove

View March Report for Elk Grove

 

             eXp Realty of California, Inc

Raymond Henson, SRES, GRI, e-Pro

Past Client Testimonials   

3412 Babson Drive

Elk Grove, CA 95758

RayRHenson@gmail.com

916-698-8415

 

 

Comment balloon 14 commentsRaymond Henson, SRES, GRI • June 08 2020 11:55PM

Comments

Hi Raymond Henson, SRES, GRI - price is still holding up.  Sales volume hopefully will come back.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 5 months ago

The low level of listings sure make it tough on my clients looking for a home, Grant Schneider.  Those selling a house are in a good mood, though.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

Hi Raymond... market looks pretty strong to me, on the whole. I'd expect closed sales to be down right now given the various covid restrictions and quarantine (especially in 55+ communities).

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Realty) 5 months ago

Hi Nina Hollander!  We are under a lot of restrictions to show homes, but the demand seems to be solid.  I am hopeful that we keep moving in the right direction.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

Hello Raymond and thanks for the information for your buyers and sellers here in the rain.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 5 months ago

Thank you for dropping by, Will Hamm.  I do try to keep my clients well informed.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

West Elk Grove and Laguna home buyers and sellers are sure to value your real estate market report, Raymond.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 5 months ago

Thank you, Myrl Jeffcoat.  I appreciate you taking the time to drop by and comment.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

Raymond, great market report for West Elk Grove and Laguna, and looks like our markets are similar.  Just looked, and our median price end of May was $439,900.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) 5 months ago

Wow, that is close.  I always had the impression that your Denver market would have a higher median price than our Elk Grove market.

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

This is a great report for the West Elk Grove and Laguna area!  I really enjoyed the little bit of time that I spent in Elk Grove back in the day.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Vacasa) 5 months ago

Brian England, we need to have you back out here!  Thank you for stopping by!

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

Thanks for the update on this community, all the best to you as you get many of these properties listed and sold.

Tracy

Posted by Tracy Hawke, The Woodland Companies!, Wisconsin Forest Land Experts! (Woodland Management Service) 5 months ago

Thank you, Tracy Hawke, The Woodland Companies! I hope you are doing well too!

Posted by Raymond Henson, SRES, GRI, Realtor (eXp Realty of California, Inc. (lic. #01878277)) 5 months ago

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