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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

$550,380

AVERAGE PRICE OF 1,358 HOMES

$366,440

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,749,725

AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES

$733,149

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$796,743

AVERAGE PRICE OF 149 HOMES WITH A POOL

$536,123

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $550,380
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $265,172
2 bedrooms $407,310
3 bedrooms $523,136
4 bedrooms $655,333
5 bedrooms $938,899
Sacramento Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,528 1,663 1,777 1,868 1,849
Average Price $555,450 $561,431 $554,910 $556,234 $560,260
Avg Price Change -1.08% +1.18% -0.24% -0.72% n/a
Median Price $470,816 $480,299 $488,522 $494,249 $497,425
Med Price Change -2.01% -1.71% -1.17% -0.64% n/a
Avg Bedrooms 3.1 beds 3.1 beds 3.13 beds 3.13 beds 3.11 beds
Avg Bathrooms 2.21 baths 2.23 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,358 $550,380 65 days
Distressed Homes 21 $366,440 105 days
Multi-Million Dollar Homes 70 $1,749,725 85 days
Newly Built Homes 63 $733,149 66 days
Homes with a Pool 149 $796,743 64 days
Reduced Price Homes 91 $536,123 64 days
The Alfano Group | Compass
Anthony Alfano
5842 Lonetree Blvd.
Rocklin, CA
916-955-3321
DRE# 01800462

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