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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

$407,448

AVERAGE PRICE OF 2,775 HOMES

$293,055

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,598,752

AVERAGE PRICE OF 83 MULTI-MILLION DOLLAR HOMES

$500,468

AVERAGE PRICE OF 135 NEWLY BUILT HOMES

$487,763

AVERAGE PRICE OF 587 HOMES WITH A POOL

$399,334

AVERAGE PRICE OF 1,041 REDUCED PRICE HOMES

Average Home

Average Price $407,448
Avg Bedrooms 3.16 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $296,299
2 bedrooms $307,528
3 bedrooms $373,261
4 bedrooms $483,607
5 bedrooms $688,037
Sacramento Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 2,731 2,694 2,649 2,547 n/a
Average Price $454,681 $406,325 $403,069 $401,291 n/a
Avg Price Change +11.90% +0.81% +0.44% n/a n/a
Median Price $338,900 $336,185 $335,525 $332,891 n/a
Med Price Change +0.81% +0.20% +0.79% n/a n/a
Avg Bedrooms 3.16 beds 3.15 beds 3.14 beds 3.12 beds n/a
Avg Bathrooms 1.97 baths 1.96 baths 1.97 baths 1.95 baths n/a
Home Price by High School
School Name Total Homes Average Price
Elk Grove Unified 416 $388,264
Natomas Unified 358 $425,413
Sacramento Unified 1,230 $406,566
San Juan Unified 345 $553,832
Twin Rivers Unified 407 $284,539
Home Price by House Size
Total Homes Average Price
All Homes 2,775 $407,448
Distressed Homes 5 $293,055
Multi-Million Dollar Homes 83 $1,598,752
Newly Built Homes 135 $500,468
Homes with a Pool 587 $487,763
Reduced Price Homes 1,041 $399,334

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