Sheryl Smith's "How's the Market?" Report

Sacramento, CA 95826

Single-Family Homes

Smith Real Estate Services I Broker, Realtor #01381095 I 916-472-0103



Sacramento, CA 95826

Thu Jun 20 2024
This week the median list price for Sacramento, CA 95826 is $491,950 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has increased to 20. Click here to stay informed with the Sacramento market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sacramento, CA 95826

Thu Jun 20 2024
This week the median list price for Sacramento, CA 95826 is $491,950 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has increased to 20. Click here to stay informed with the Sacramento market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sacramento market.
Median List Price $491,950
Median Price of New Listings $485,000
Per Square Foot $350
Average Days on Market 36
Median Days on Market 18
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 20
Median Rent
Market Action 74
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$549,900 1,645 6,500 - 8,000 sqft 4 2.5 48 1 1 35
$524,888 1,631 6,500 - 8,000 sqft 4 2 57 0 0 21
$479,900 1,344 4,500 - 6,500 sqft 3 2 46 2 1 14
$450,000 1,029 6,500 - 8,000 sqft 3 2 63 0 1 14