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Justin Meyer
916-768-3010

Sacramento

Why you'd want to live in Sacramento

Sacramento, the capital of California, has been a leading agricultural and transportation center for most of its history; also known as "The City of Trees". In the past 15 years, as costs have escalated in California’s coastal cities, thousands have migrated to the area for its reduced cost of living and proximity to San Francisco and Lake Tahoe. Now, as a result, growth and traffic issues have become top-of-mind issues for the area. Downtown Sacramento is pleasant and attractive but somewhat lacking in entertainment and activities (aside from restored historic “Old Sacramento” riverfront downtown area). Most recent growth has occurred to the north, northeast, and south as typical California sprawl- freeways, strip malls, and endless developments of tightly packed homes. Job growth projections remain strong. Sacramento is also revitalizing its Downtown with Arts, Culture, Restaurants, Entertainment, and Riverfront Activities. In the center of the revitalization is the new home of the Sacramento Kings, The Golden One Center.

Sacramento Market Report

$518,396

AVERAGE PRICE OF 2,778 HOMES

$269,643

AVERAGE PRICE OF 5 DISTRESSED HOMES

$5,688,884

AVERAGE PRICE OF 80 MULTI-MILLION DOLLAR HOMES

$504,894

AVERAGE PRICE OF 129 NEWLY BUILT HOMES

$489,973

AVERAGE PRICE OF 562 HOMES WITH A POOL

$404,791

AVERAGE PRICE OF 1,123 REDUCED PRICE HOMES

Average Home

Average Price $518,396
Avg Bedrooms 3.15 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $272,221
2 bedrooms $926,964
3 bedrooms $365,517
4 bedrooms $487,911
5 bedrooms $650,500
Sacramento Home Price Trends
  9/2018 8/2018 7/2018 6/2018 5/2018
Total Listings 2,797 2,731 2,694 2,649 2,547
Average Price $410,980 $454,681 $406,325 $403,069 $401,291
Avg Price Change -10.63% +11.90% +0.81% +0.44% n/a
Median Price $337,741 $338,900 $336,185 $335,525 $332,891
Med Price Change -0.34% +0.81% +0.20% +0.79% n/a
Avg Bedrooms 3.17 beds 3.16 beds 3.15 beds 3.14 beds 3.12 beds
Avg Bathrooms 1.98 baths 1.97 baths 1.96 baths 1.97 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price
Elk Grove Unified 422 $382,285
Natomas Unified 344 $424,244
Sacramento Unified 1,231 $661,735
San Juan Unified 358 $550,882
Twin Rivers Unified 402 $276,804
Home Price by House Size
Total Homes Average Price
All Homes 2,778 $518,396
Distressed Homes 5 $269,643
Multi-Million Dollar Homes 80 $5,688,884
Newly Built Homes 129 $504,894
Homes with a Pool 562 $489,973
Reduced Price Homes 1,123 $404,791

School Data

Highly Rated Sacramento Schools

9

OAK CHAN ELEMENTARY SCHOOL
Elementary School
Public

8

ELK GROVE ELEMENTARY SCHOOL
Middle School
Public

8

CENTER HIGH
High School
Public

8

ELK GROVE HIGH SCHOOL
High School
Public

9

NATOMAS CHARTER SCHOOL
High School
Public

9

ROSEVILLE HIGH SCHOOL
High School
Public