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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

$653,846

AVERAGE PRICE OF 1,642 HOMES

$683,073

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,967,314

AVERAGE PRICE OF 184 MULTI-MILLION DOLLAR HOMES

$679,051

AVERAGE PRICE OF 58 NEWLY BUILT HOMES

$591,552

AVERAGE PRICE OF 298 HOMES WITH A POOL

$560,987

AVERAGE PRICE OF 114 REDUCED PRICE HOMES

Average Home

Average Price $653,846
Avg Bedrooms 2.43 beds
Avg Bathrooms 1.79 baths

Average Price by Bedrooms

1 bedroom $291,498
2 bedrooms $404,554
3 bedrooms $542,852
4 bedrooms $675,596
5 bedrooms $1,067,564
Sacramento Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,620 1,567 1,495 1,362 1,214
Average Price $658,944 $709,667 $702,272 $704,489 $713,729
Avg Price Change -7.70% +1.05% -0.32% -1.31% -3.45%
Median Price $503,379 $517,710 $525,538 $527,766 $521,083
Med Price Change -2.85% -1.51% -0.42% +1.28% +1.24%
Avg Bedrooms 2.47 beds 2.49 beds 2.46 beds 2.45 beds 2.44 beds
Avg Bathrooms 1.81 baths 1.83 baths 1.82 baths 1.79 baths 1.77 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,642 $653,846 66 days
Distressed Homes 21 $683,073 64 days
Multi-Million Dollar Homes 184 $1,967,314 119 days
Newly Built Homes 58 $679,051 94 days
Homes with a Pool 298 $591,552 46 days
Reduced Price Homes 114 $560,987 50 days
The Alfano Group | Compass
Anthony Alfano
5842 Lonetree Blvd.
Rocklin, CA
916-955-3321
DRE# 01800462

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.
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 2024 MetroList Services, Inc.
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The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than {listing office} are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The information being provided is for the consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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