Ryan Lundquist

Ryan Lundquist

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Residential appraiser; valuation and market trend analysis with strong data visualization.

Supply Rises, Sellers Active, Market Still Sluggish
SocialApr 1, 2026

Supply Rises, Sellers Active, Market Still Sluggish

A little more supply this year. Glad we're no longer seeing sellers sit back like 2023, but it's still been a very slow burn to see much change in the marketplace. https://t.co/1ItZel19q7

By Ryan Lundquist
Sacramento Leads Buyer Migration, But Are Rankings Accurate?
SocialApr 1, 2026

Sacramento Leads Buyer Migration, But Are Rankings Accurate?

Where are buyers moving? Redfin recently came out with a top list in the United States, and Sacramento actually is the number one destination. But are these really the top spots? Some thoughts on my weekly blog. https://t.co/SPAXCixM2H https://t.co/Oqe3yaEfog

By Ryan Lundquist
California's Decade-Long Migration: More Leaving Than Arriving
SocialMar 31, 2026

California's Decade-Long Migration: More Leaving Than Arriving

Leaving California? Here are some new stats from the California Policy Lab to show exits and entrances over the past decade. What stands out to you? https://t.co/AThnxkhp7K

By Ryan Lundquist
Adjust Prices Now: Buyers Sensitive to Cost Amid Rate Hikes
SocialMar 31, 2026

Adjust Prices Now: Buyers Sensitive to Cost Amid Rate Hikes

Buyers have lost purchasing power in recent weeks with higher rates, so adjust your price if needed. Sellers, this is so important to recognize. Buyers are hyper-sensitive about price, location, and condition, but they’re ready to act when the price...

By Ryan Lundquist
Sacramento $400‑500K Sales Up 8%, Buyers Benefit
SocialMar 30, 2026

Sacramento $400‑500K Sales Up 8%, Buyers Benefit

Seeing more sales between $400-500K in the Sacramento region. This is a part of the market that's experiencing volume growth from last year. This speaks to prices dipping and more sales happening in this range (8% more in 2026 so...

By Ryan Lundquist
Bottom‑tier Homes See Offers; Overpriced Get None
SocialMar 30, 2026

Bottom‑tier Homes See Offers; Overpriced Get None

More competitive at the bottom. Not a shocker. But expect zero offers if overpriced. Here are the number of offers in pending contracts over the past two weeks. Let’s keep watching demand closely since mortgage rates have spiked lately. https://t.co/nP090hRRtA

By Ryan Lundquist
Housing Market Shifts Always Create Winners and Losers
SocialMar 28, 2026

Housing Market Shifts Always Create Winners and Losers

If home prices go down, that could be painful for owners. I hear that sentiment quite a bit. Let’s remember it’s painful for people who can’t currently afford the market though. There is no such thing as a housing market...

By Ryan Lundquist
Two Decades of Growing Seller‑Buyer Gap in Sacramento
SocialMar 27, 2026

Two Decades of Growing Seller‑Buyer Gap in Sacramento

The gap between sellers and buyers. Here's a wide view in Sacramento over the past 25 years. More on my blog this week. https://t.co/jfVvNTgTO5

By Ryan Lundquist
What $200K Bought in 90s Is Unthinkable Today
SocialMar 26, 2026

What $200K Bought in 90s Is Unthinkable Today

"Looks like $200K" was a selling point in the early '90s for this new construction home in the Sacramento area, but that wouldn't be a compliment today. https://t.co/CvPI9cITs9

By Ryan Lundquist
Year‑to‑Date Sales Volume Across 12 Sacramento‑Area Counties
SocialMar 26, 2026

Year‑to‑Date Sales Volume Across 12 Sacramento‑Area Counties

Just in case you were wondering about year-to-date sales volume in twelve counties in the wider area around Sacramento. I got you covered.... On a serious note, I do think it's fascinating to consider where transactions happen. https://t.co/CRctUqWvn9

By Ryan Lundquist
Supply Shift Keeps Home Prices From Crashing in 2026
SocialMar 26, 2026

Supply Shift Keeps Home Prices From Crashing in 2026

Why haven’t home prices crashed? Some thoughts and perspective on my blog today. I think many people expect 2007 results with 2026 stats, but it’s a much different supply story today. Enjoy my weekly post if you wish. https://t.co/i3BLmGTvo4 https://t.co/hcYtZOpegS

By Ryan Lundquist
High Search Interest, Low Buyer Volume in Sacramento
SocialMar 25, 2026

High Search Interest, Low Buyer Volume in Sacramento

These stats represent search queries. Not actual buyers. Ironically, buyer volume is incredibly low in Sacramento, yet here we are at the very top of this list. Nothing but love for Redfin, but there is a disconnect between search queries...

By Ryan Lundquist
Sacramento’s Top 10 $2M+ Sales Hotspots Revealed
SocialMar 25, 2026

Sacramento’s Top 10 $2M+ Sales Hotspots Revealed

Here are the top 10 locations for 2M and above sales in the Sacramento region over the past five years. What stands out to you? And what are you seeing at the high-end right now? I’d love to hear your...

By Ryan Lundquist
Sellers Return: New Listings Surpass 2024 Levels Again
SocialMar 24, 2026

Sellers Return: New Listings Surpass 2024 Levels Again

Sellers are continuing to come back to the market after backing off in 2025. This will be the fourth month in a row where new listings outpace 2024 levels. I've wondered if uncertainty regarding the Iran war would cause sellers...

By Ryan Lundquist
Sacramento Listings See Rising Cancellations, Condos Hit Hardest
SocialMar 24, 2026

Sacramento Listings See Rising Cancellations, Condos Hit Hardest

Some listings don’t make it to the finish line, and cancellations are slightly higher this year so far in the Sacramento region. Why are some listings canceling? And why are condos struggling more?

By Ryan Lundquist
Sacramento Home Prices Down About 2% Year‑over‑year.
SocialMar 19, 2026

Sacramento Home Prices Down About 2% Year‑over‑year.

Let's look to multiple price metrics to try to understand the market. Here are various sources I watch every month. I think we can generally say prices are down about 2% from one year ago in the Sacramento region. Look...

By Ryan Lundquist
Bay Area Homes Priced Low Despite High Demand
SocialMar 19, 2026

Bay Area Homes Priced Low Despite High Demand

Different vibes in the Bay Area and Sacramento. Properties in the Bay Area are often priced strategically low. More on my blog. What stands out to you here? https://t.co/rts5PIUSxe

By Ryan Lundquist
San Francisco Lags Sacramento in Closed Home Sales
SocialMar 18, 2026

San Francisco Lags Sacramento in Closed Home Sales

What do you notice about San Francisco compared to Sacramento? These are closed home sales so far this month. https://t.co/BK12H6rwip

By Ryan Lundquist
Short‑term Rent Isn’t Market Rent—It's Hotel‑style Pricing
SocialMar 17, 2026

Short‑term Rent Isn’t Market Rent—It's Hotel‑style Pricing

Lenders sometimes ask appraisers for short-term rent during the loan process, but that's totally different than market rent. Short-term rent is going to be much higher as it's basically hotel rent based on the daily rent instead of a tenant...

By Ryan Lundquist
Housing Market Temperature Varies by Property Type
SocialMar 17, 2026

Housing Market Temperature Varies by Property Type

The housing market is like a hot pocket taken out of the microwave too early. Some spots are warm, and others are cold or hot. Not every part has the same temperature. The trend could be different if we’re talking...

By Ryan Lundquist
Housing Market Varies: Condos, Entry‑Level, Prime Homes Differ
SocialMar 17, 2026

Housing Market Varies: Condos, Entry‑Level, Prime Homes Differ

How is the housing market? It really depends on what we are talking about. Condos? Entry-level price points? Homes that check all the boxes? Properties on busy streets? What parts of the market are cold, warm, or hot? I’d love...

By Ryan Lundquist
Well‑priced Sacramento Homes Sell Fast; Overpriced Linger
SocialMar 16, 2026

Well‑priced Sacramento Homes Sell Fast; Overpriced Linger

Properties are getting into contract pretty quickly. Here's a look at pendings over the past week in the Sacramento region. The good stuff goes quickly if it's priced well, but overpriced stuff will sit. https://t.co/FkJxfXf4uo

By Ryan Lundquist
2026 Real Estate Hotspots: Sales Volume Across 12 Counties
SocialMar 16, 2026

2026 Real Estate Hotspots: Sales Volume Across 12 Counties

Where are the transactions happening in 2026? Here’s a look at sales volume so far in the wider region within 12 counties. If you work in real estate, where are you positioning your business? https://t.co/kBtzz6MJGL

By Ryan Lundquist
Spring Open Houses Thrive Despite Fewer Listings
SocialMar 14, 2026

Spring Open Houses Thrive Despite Fewer Listings

Lots of open house signs while driving around today. It’s good to see. Technically, we have a little less listings this year than one year ago in the Sacramento region. I like seeing spring vibes though. Sellers and buyers doing...

By Ryan Lundquist
90s Housing Market Snapshot: Sacramento and Nationwide Trends
SocialMar 14, 2026

90s Housing Market Snapshot: Sacramento and Nationwide Trends

Lots of focus on the ‘90s lately. What was the housing market like back then? Here’s what was happening in Sacramento and many markets across the country.

By Ryan Lundquist
Condo Market Softens, Cancellations Persist Into 2026
SocialMar 13, 2026

Condo Market Softens, Cancellations Persist Into 2026

Condos are softer than the detached market. Cancellations have continued into 2026. Nothing at all like all-time highs in 2007, but this submarket is notably softer than detached homes. https://t.co/3krxTga2qS

By Ryan Lundquist
Spring Inflection Turns Median Prices Negative
SocialMar 13, 2026

Spring Inflection Turns Median Prices Negative

Here’s a look at median price change since last year. We hit an inflection point in the spring where the trend went negative. Of course, the median isn’t a perfect price metric, but other price indexes are telling the same...

By Ryan Lundquist
Feb 2026 SAC:
SocialMar 12, 2026

Feb 2026 SAC:

How did homes sell compared to their original list price? Here's a way to show that. Anything above the 0% line went above, and anything below went below. FEB 2026 SAC REGION Above: 30.7% Below: 56.0% At Original List Price: 13.3% Any thoughts?

By Ryan Lundquist
500K ADU Raises Questions on Property Value Impact
SocialMar 11, 2026

500K ADU Raises Questions on Property Value Impact

Working on a property with a $500,000 accessory dwelling added two years ago. It’ll be interesting to see how much this adds to value. That’s a big price tag for an ADU.

By Ryan Lundquist
New County Data Shows Minor Variations Across Eleven Regions
SocialMar 11, 2026

New County Data Shows Minor Variations Across Eleven Regions

Fresh stats. Some differences, but nothing too crazy. Eleven other counties on my blog today. What stands out to you? https://t.co/6HKzLYqDvO

By Ryan Lundquist
2026 Housing Trends: County Data Shows T
SocialMar 11, 2026

2026 Housing Trends: County Data Shows T

The housing market so far in 2026? Let's talk about it. Today, I have fresh stats for twelve counties and some new price visuals to help interpret what is happening. I also talk about my favorite phrase, "all ships rise...

By Ryan Lundquist
February Median Home Prices Rise—Expected, Not Surprising
SocialMar 10, 2026

February Median Home Prices Rise—Expected, Not Surprising

Not a shocker to see the median sales price tick up in February. This was expected. Happens almost every single year. Remember, the median isn't a perfect metric to gauge price change (there is no perfect metric). Lots of stats...

By Ryan Lundquist
Sacramento Sellers Must Offer Concessions to Win Picky Buyers
SocialMar 10, 2026

Sacramento Sellers Must Offer Concessions to Win Picky Buyers

Some stats for seller concessions to buyers in the Sacramento region. Buyers are very picky about getting into contract AND staying in contract. Sellers, work with buyers. Make the transaction a win for them also. And if the market requires,...

By Ryan Lundquist
Early 2026 Sales Lag 2025, March May Recover
SocialMar 9, 2026

Early 2026 Sales Lag 2025, March May Recover

The first two months of the year have started off with lower closed sales volume than 2025. The hope is for March 2026 to be a little higher in light of slightly more pendings lately. https://t.co/Ctj0EyVXqx

By Ryan Lundquist
Limited Supply Keeps Prices High, No 2008‑style Dip
SocialMar 9, 2026

Limited Supply Keeps Prices High, No 2008‑style Dip

So much talk about another 2008 price collapse, but that's very challenging to get with 2026 stats. I'm not sugarcoating. All I'm saying is very limited supply has kept prices higher. Not much of a dip over the past four...

By Ryan Lundquist
Regional Price Gaps: Some Homes Beat, Others Miss List
SocialMar 6, 2026

Regional Price Gaps: Some Homes Beat, Others Miss List

Selling above or below? Here’s a look at properties that sold above, below, and at the original list price last month in the wider region. The market isn’t the same in every location. Any thoughts? https://t.co/8CHHvxLyKV

By Ryan Lundquist
Opendoor's Sacramento Margins Remain Razor‑thin Despite Improvement
SocialMar 6, 2026

Opendoor's Sacramento Margins Remain Razor‑thin Despite Improvement

Pulled some #Opendoor stats in Sacramento. They are doing better than a few years ago, but some razor thin margins. This is the dollar difference between acquisition price and resale price. Real estate fees, holding costs, credits, & repairs costs...

By Ryan Lundquist
Housing Market Tightens, Home Receives 94 Offers
SocialMar 5, 2026

Housing Market Tightens, Home Receives 94 Offers

The housing market has tightened a little lately. I’m not saying it’s 2021 again. I’m just saying supply and demand have squeezed together a little. More thoughts on my weekly blog along with a discussion about that one home that...

By Ryan Lundquist
Early-Year Listings Stagnate; Sellers Tentatively Re‑Enter Market
SocialMar 4, 2026

Early-Year Listings Stagnate; Sellers Tentatively Re‑Enter Market

In recent years we've seen more new listings between January and February, but that wasn't the case this year. Just something on my radar. On one hand, we've started to see sellers come back to the market, but I'm not...

By Ryan Lundquist
Housing Market Tightens, Competition Returns to Pre‑2020 Levels
SocialMar 4, 2026

Housing Market Tightens, Competition Returns to Pre‑2020 Levels

Is the housing market getting tighter? Yes. Supply and demand have squeezed together over the past few months, so competition levels are now are at pre-2020 norm levels (instead of being softer). I'll write more about this tomorrow. Any thoughts?...

By Ryan Lundquist
Opendoor's Sacramento Holdings Shrink From 300 to 30 Homes
SocialMar 3, 2026

Opendoor's Sacramento Holdings Shrink From 300 to 30 Homes

Opendoor owns about 30 homes in the Sacramento region right now. At the height of their purchase activity a few years ago, they routinely owned about 300 units at any given time.

By Ryan Lundquist
Spring Housing Market Gains Momentum in 2026
SocialMar 3, 2026

Spring Housing Market Gains Momentum in 2026

The spring housing market is waking up. We’ve been feeling that since January, but it’s starting to show up a bit more in the stats now that we have two months under our belt in 2026. Pending contracts have been...

By Ryan Lundquist
Sacramento Listings Down
SocialMar 2, 2026

Sacramento Listings Down

Not much on the market. Slightly below one year ago now in the Sacramento region. And in case you wondered, at this time in 2008, there were over 10,000 MORE active listings than today. https://t.co/R9TLciGJi0

By Ryan Lundquist
Market Bounces Above 2024 Levels After Seller Retreat
SocialMar 2, 2026

Market Bounces Above 2024 Levels After Seller Retreat

A step in the right direction? Yes. Sellers stepped back from the market in 2025, but for three months in a row we are finally above 2024 levels again. We are still historically anemic, but this is a positive direction....

By Ryan Lundquist
Spring Median Signals Potential Home Price Rise
SocialFeb 28, 2026

Spring Median Signals Potential Home Price Rise

Will we see a price uptick this spring? This is what the rhythm looks like. The median isn't a perfect metric (there is no perfect metric), but it gives a helpful shape for the market. Remember, larger homes start selling...

By Ryan Lundquist
Strategic Low Pricing Sparks 94 Offers in Sacramento
SocialFeb 28, 2026

Strategic Low Pricing Sparks 94 Offers in Sacramento

There is a property with 94 offers in Sacramento County. This is an insane amount, but this isn't about the market. It's about pricing strategically low. The list price was $199K, the very lowest sales are $300K, and similar-sized flips...

By Ryan Lundquist
Housing Market Trends Outpace Presidential Influence
SocialFeb 27, 2026

Housing Market Trends Outpace Presidential Influence

Home prices were already slowing down before Trump took office, and many markets went negative last year. I don’t think any president can really control the direction of the housing market. https://t.co/LoaiFTlI85

By Ryan Lundquist
Buyers Favor Fresh Listings Over Last Year's Inventory
SocialFeb 27, 2026

Buyers Favor Fresh Listings Over Last Year's Inventory

Buyers are liking new supply. So many of the stats right now are showing spring vibes as crusty listings from last year expired, and buyers are focusing on the new stuff. https://t.co/OoyH4E4hAI

By Ryan Lundquist
Rental Market Mirrors Resale: Lower Rents, Slower Turnover
SocialFeb 26, 2026

Rental Market Mirrors Resale: Lower Rents, Slower Turnover

I spoke at a property management event today, and the general consensus is the rental market is somewhat like the resale market. Slightly lower rents, it’s taking longer to market properties, the good stuff goes quickly, and overpriced listings sit.

By Ryan Lundquist