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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

$429,173

AVERAGE PRICE OF 2,358 HOMES

$304,382

AVERAGE PRICE OF 68 DISTRESSED HOMES

$1,646,006

AVERAGE PRICE OF 80 MULTI-MILLION DOLLAR HOMES

$555,413

AVERAGE PRICE OF 81 NEWLY BUILT HOMES

$739,781

AVERAGE PRICE OF 238 HOMES WITH A POOL

$429,468

AVERAGE PRICE OF 92 REDUCED PRICE HOMES

Average Home

Average Price $429,173
Avg Bedrooms 3.17 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $281,078
2 bedrooms $324,762
3 bedrooms $385,241
4 bedrooms $506,057
5 bedrooms $831,874
Sacramento Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 2,340 2,235 2,109 1,988 1,996
Average Price $489,069 $447,394 $410,836 $433,523 $397,218
Avg Price Change +9.32% +8.90% -5.52% +9.14% -1.31%
Median Price $349,665 $341,659 $337,846 $333,736 $328,601
Med Price Change +2.34% +1.13% +1.23% +1.56% +1.04%
Avg Bedrooms 3.14 beds 3.1 beds 3.09 beds 3.09 beds 3.1 beds
Avg Bathrooms 1.98 baths 1.94 baths 1.93 baths 1.94 baths 1.94 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Elk Grove Unified 337 $404,930 56 days
Natomas Unified 300 $431,475 45 days
Sacramento Unified 1,067 $427,056 50 days
San Juan Unified 329 $569,955 54 days
Twin Rivers Unified 307 $305,408 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,358 $429,173 51 days
Distressed Homes 68 $304,382 71 days
Multi-Million Dollar Homes 80 $1,646,006 107 days
Newly Built Homes 81 $555,413 55 days
Homes with a Pool 238 $739,781 51 days
Reduced Price Homes 92 $429,468 46 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