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Sacramento, CA

Single-Family Homes

folsomlakerealty.com



Sacramento, CA

Tue Oct 15 2024
This week the median list price for Sacramento, CA is $519,900 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has increased to 829. 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

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

Tue Oct 15 2024
This week the median list price for Sacramento, CA is $519,900 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has increased to 829. 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

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 $519,900
Median Price of New Listings $504,900
Per Square Foot $338
Average Days on Market 57
Median Days on Market 35
Price Decreased 44%
Price Increased 7%
Relisted 11%
Inventory 829
Median Rent
Market Action 52
Strong Seller's Market

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
$799,000 2,300 6,500 - 8,000 sqft 4 3 40 33 23 42
$577,110 1,763 4,500 - 6,500 sqft 3 2 35 42 41 35
$475,000 1,413 4,500 - 6,500 sqft 3 2 48 38 41 28
$391,500 1,118 4,500 - 6,500 sqft 3 2 65 46 41 31