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

Sat Sep 07 2024
This week the median list price for Sacramento, CA 95826 is $530,000 with the market action index hovering around 72. This is an increase over last month's market action index of 71. Inventory has decreased to 24. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Sacramento, CA 95826

Sat Sep 07 2024
This week the median list price for Sacramento, CA 95826 is $530,000 with the market action index hovering around 72. This is an increase over last month's market action index of 71. Inventory has decreased to 24. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sacramento market.
Median List Price $530,000
Median Price of New Listings $525,000
Per Square Foot $332
Average Days on Market 46
Median Days on Market 14
Price Decreased 42%
Price Increased 8%
Relisted 4%
Inventory 24
Median Rent
Market Action 72
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
$584,450 1,850 6,500 - 8,000 sqft 4 2.3 51 2 1 10
$549,450 1,633 6,500 - 8,000 sqft 4 2 58 2 1 49
$512,500 1,453 4,500 - 6,500 sqft 4 2 50 4 2 0
$469,925 1,357 6,500 - 8,000 sqft 3 2 57 1 3 52