RealTrends Market Report

Sacramento, CA

Single-Family Homes

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Sacramento, CA

Wed Dec 04 2024
This week the median list price for Sacramento, CA is $499,900 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has decreased to 760. 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

Wed Dec 04 2024
This week the median list price for Sacramento, CA is $499,900 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has decreased to 760. 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 $499,900
Median Price of New Listings $475,000
Per Square Foot $338
Average Days on Market 61
Median Days on Market 42
Price Decreased 41%
Price Increased 6%
Relisted 9%
Inventory 760
Median Rent
Market Action 49
Strong Seller's Market

The market is 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
$807,500 2,289 6,500 - 8,000 sqft 4 3 35 13 34 56
$549,990 1,683 4,500 - 6,500 sqft 3 2 37 25 42 35
$460,000 1,344 4,500 - 6,500 sqft 3 2 49 35 42 35
$379,000 1,078 4,500 - 6,500 sqft 3 2 64 33 41 35