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Sacramento

Why you'd want to live in Sacramento

Sacramento, the capital of California, has been a leading agricultural and transportation center for most of its history; also known as "The City of Trees". In the past 15 years, as costs have escalated in California’s coastal cities, thousands have migrated to the area for its reduced cost of living and proximity to San Francisco and Lake Tahoe. Now, as a result, growth and traffic issues have become top-of-mind issues for the area. Downtown Sacramento is pleasant and attractive but somewhat lacking in entertainment and activities (aside from restored historic “Old Sacramento” riverfront downtown area). Most recent growth has occurred to the north, northeast, and south as typical California sprawl- freeways, strip malls, and endless developments of tightly packed homes. Job growth projections remain strong. Sacramento is also revitalizing its Downtown with Arts, Culture, Restaurants, Entertainment, and Riverfront Activities. In the center of the revitalization is the new home of the Sacramento Kings, The Golden One Center.

Sacramento Market Report

$555,190

AVERAGE PRICE OF 1,733 HOMES

$371,811

AVERAGE PRICE OF 13 DISTRESSED HOMES

$1,681,151

AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES

$731,041

AVERAGE PRICE OF 68 NEWLY BUILT HOMES

$794,464

AVERAGE PRICE OF 184 HOMES WITH A POOL

$538,498

AVERAGE PRICE OF 169 REDUCED PRICE HOMES

Average Home

Average Price $555,190
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $291,203
2 bedrooms $416,029
3 bedrooms $526,499
4 bedrooms $640,782
5 bedrooms $898,780
Sacramento Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 1,868 1,849 n/a n/a n/a
Average Price $556,234 $560,260 n/a n/a n/a
Avg Price Change -0.72% n/a n/a n/a n/a
Median Price $494,249 $497,425 n/a n/a n/a
Med Price Change -0.64% n/a n/a n/a n/a
Avg Bedrooms 3.13 beds 3.11 beds n/a n/a n/a
Avg Bathrooms 2.22 baths 2.2 baths n/a n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,733 $555,190 52 days
Distressed Homes 13 $371,811 93 days
Multi-Million Dollar Homes 90 $1,681,151 57 days
Newly Built Homes 68 $731,041 86 days
Homes with a Pool 184 $794,464 50 days
Reduced Price Homes 169 $538,498 48 days
Compass
Anthony Alfano
5842 Lonetree Blvd.
Rocklin, CA
916-955-3321
DRE# 01800462

metrolist logo.png The real estate listing data marked with this icon comes from the IDX program of the Sacramento Metrolist Multiple Listing Service™ system. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Copyright 2022 MetroList Services, Inc. Terms of Use


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