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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

$399,242

AVERAGE PRICE OF 2,368 HOMES

$186,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,603,159

AVERAGE PRICE OF 62 MULTI-MILLION DOLLAR HOMES

$487,883

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$462,377

AVERAGE PRICE OF 476 HOMES WITH A POOL

$423,572

AVERAGE PRICE OF 511 REDUCED PRICE HOMES

Average Home

Average Price $399,242
Avg Bedrooms 3 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $269,585
2 bedrooms $303,171
3 bedrooms $363,470
4 bedrooms $485,851
5 bedrooms $658,560
Sacramento Home Price Trends
  3/2018 2/2018 1/2018 12/2017 11/2017
Total Listings 2,191 2,069 1,956 2,253 2,551
Average Price $395,535 $401,881 $379,916 $386,160 $406,906
Avg Price Change -1.60% +5.78% -1.64% -5.37% -3.01%
Median Price $328,019 $324,489 $320,792 $317,442 $314,793
Med Price Change +1.09% +1.15% +1.06% +0.84% +0.01%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 1.97 baths 1.98 baths 1.98 baths 1.96 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Elk Grove Unified 366 $384,963 49 days
Natomas Unified 288 $410,208 42 days
Sacramento Unified 1,054 $400,200 46 days
San Juan Unified 284 $534,878 46 days
Twin Rivers Unified 358 $293,966 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 2,368 $399,242 47 days
Distressed Homes 3 $186,000 18 days
Multi-Million Dollar Homes 62 $1,603,159 99 days
Newly Built Homes 83 $487,883 66 days
Homes with a Pool 476 $462,377 44 days
Reduced Price Homes 511 $423,572 80 days

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