Real Estate Market Update for
95811 (Sacramento, CA)
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 17% from one year earlier and did not change from the previous month These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month... was just under 480-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 200% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 260-thousand dollars. Overall, The number of units sold increased 500% year-over-year and increased 200% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 95811 (Sacramento, CA)
Area Information for 95811 (Sacramento, CA)
Community Character:Nearby Military Facility(ies), High Residential Turnover
Population:6,803
Median Age:36.61 yr
Median Commute Time:17.22 mins
Educational Climate*:5
Recycling Likelihood**:85
Sales Tax:11%
Population Density:3,133/sq mi
Population Change Since 2000:8%
Closest Airport:Sacramento International
Closest College:University Of Phoenix Sacramento
Closest Jr. College:Sacramento City College
Median Household Income:$31,850
Annual Residential Turnover:24.7%
Median Years in Residence:2.1 yr
Median Home Sales Price:$279,796
Closest Major Sports Team:Sacramento River Cats (aaa)
Change Avg. Household Income Since 2000:43%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 95811 (Sacramento, CA)
Median Age: 36.61Married: 12%Number of Households: 3,469Households with Children: 430
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)