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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

$401,694

AVERAGE PRICE OF 2,629 HOMES

$243,098

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,631,179

AVERAGE PRICE OF 82 MULTI-MILLION DOLLAR HOMES

$517,048

AVERAGE PRICE OF 130 NEWLY BUILT HOMES

$483,252

AVERAGE PRICE OF 550 HOMES WITH A POOL

$398,623

AVERAGE PRICE OF 1,082 REDUCED PRICE HOMES

Average Home

Average Price $401,694
Avg Bedrooms 3.14 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $257,270
2 bedrooms $307,342
3 bedrooms $363,498
4 bedrooms $484,462
5 bedrooms $705,958
Sacramento Home Price Trends
  10/2018 9/2018 8/2018 7/2018 6/2018
Total Listings 2,754 2,797 2,731 2,694 2,649
Average Price $436,119 $410,980 $454,681 $406,325 $403,069
Avg Price Change +6.12% -10.63% +11.90% +0.81% +0.44%
Median Price $331,564 $337,741 $338,900 $336,185 $335,525
Med Price Change -1.86% -0.34% +0.81% +0.20% +0.79%
Avg Bedrooms 3.16 beds 3.17 beds 3.16 beds 3.15 beds 3.14 beds
Avg Bathrooms 1.97 baths 1.98 baths 1.97 baths 1.96 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price
Elk Grove Unified 403 $376,235
Natomas Unified 337 $421,980
Sacramento Unified 1,147 $394,822
San Juan Unified 337 $575,147
Twin Rivers Unified 384 $275,579
Home Price by House Size
Total Homes Average Price
All Homes 2,629 $401,694
Distressed Homes 4 $243,098
Multi-Million Dollar Homes 82 $1,631,179
Newly Built Homes 130 $517,048
Homes with a Pool 550 $483,252
Reduced Price Homes 1,082 $398,623

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

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