Loomis Real Estate Statistics Report - September 2011

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
For Sale	61	65	6.6%	71	65	-8.5%	73	65	-11%
New Listing	30	27	-10%	30	27	-10%	37	27	-27%
Sold	16	16	0%	15	16	6.7%	17	16	-5.9%
Pended	18	21	16.7%	14	21	50%	13	21	61.5%

The number of homes for sale in Loomis increased in August when compared to May of this year, but decreased when compared to August of last year.

The number of new listings that were added to to the market in August was lower than the number added in May and the number added to the market in August of last year.

As of September 27th, 2011 there are 19 homes listed in Loomis that are short sales in contract awaiting bank approval, compared to 19 on June 27th.

The number of homes that were pending sale in August was higher than the number of homes pending sale in May and the number that were pending sale in August of last year.

The number of homes that sold in Loomis in August was the same as the number of homes sold in May of this year, but was slightly higher than the number sold in August of last year.

To view a list and map of the recent homes that sold in Loomis, click Loomis home sales June - August 2011.

To view an analysis of foreclosure activity in Loomis, California for the period, click Loomis Foreclosure Report August 2011.

To view a current list of the homes for sale in Loomis, click Homes for Sale in Loomis.

Loomis Average Price Per Square-Foot

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Avg. Sq. Ft. Price	177	174	-1.5%	185	174	-5.9%	320	174	-45.6%

The average price per square foot of Loomis homes was lower in August than it was in May of this year and August of last year.

Loomis Average List Price and Average Sales Price

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Avg. Active Price	643	689	7.2%	750	689	-8.1%	993	689	-30.6%
Avg. Sold Price	420	455	8.3%	492	455	-7.5%	768	455	-40.8%

The average asking price for Loomis homes was higher in August than it was in May of this year, but was lower than it was in August of last year.

The average sales price of Loomis homes was higher in August than it was in May of this year , but was lower than in and August of 2010.

Loomis Median Home Sales Price 

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Median Price	336	358	6.5%	402	358	-10.9%	696	358	-48.6%

The median sales price of homes in Loomis was higher in August when compared to May of this year, but was lower when compared to August of last year.

Loomis Number of Months of Housing Inventory

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Months of Inventory (Closed Sales)	3.8	4.1	7.9%	4.7	4.1	-12.8%	4.3	4.1	-4.7%

The inventory of homes for sale in Loomis, when calculated using the number of homes for sale compared to the number of homes that have recently sold, stands at 4.1 months, which is higher than May of this year, but lower than in August of last year.

Loomis Average Days on Market and Sales Price to List Price %

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Avg. CDOM	70	81	15.7%	100	81	-19%	0	81	n/a
Sold/List Diff. %	96	97	1%	97	97	0%	98	97	-1%

Average consecutive days on market for Loomis homes sold in August was higher than in May of this year, but lower than in August of last year.

The average discount negotiated off the list price of Loomis homes was 3% in August compared to 4% in May and 3% in August of last year.

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Loomis, please feel free to call us at 916-728-1981.

*All reports are published September. 2011, based on data available at the end of August. 2011.
All reports and graphs presented  were created by www.TrendGraphix.com and are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.