RealTrends Market Report

Sacramento, CA

Single-Family Homes

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Sacramento, CA

Sun Jul 14 2024
This week the median list price for Sacramento, CA is $529,950 with the market action index hovering around 61. This is less than last month's market action index of 64. Inventory has increased to 731. 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

Sun Jul 14 2024
This week the median list price for Sacramento, CA is $529,950 with the market action index hovering around 61. This is less than last month's market action index of 64. Inventory has increased to 731. 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 $529,950
Median Price of New Listings $532,499
Per Square Foot $343
Average Days on Market 51
Median Days on Market 28
Price Decreased 36%
Price Increased 5%
Relisted 6%
Inventory 731
Median Rent
Market Action 61
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change 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
$877,499 2,503 6,500 - 8,000 sqft 4 3 40 42 10 35
$599,900 1,824 4,500 - 6,500 sqft 3 2.5 36 47 26 21
$489,000 1,406 4,500 - 6,500 sqft 3 2 45 39 29 21
$399,000 1,132 4,500 - 6,500 sqft 3 2 64 48 31 21