Real Estate Market Update for
95818 (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 28% from one year earlier and down 12% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 66% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 340-thousand dollars. Overall, The number of units sold Increased 17% year-over-year and Decreased 25% month-over-month Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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 95818 (Sacramento, CA)
Area Information for 95818 (Sacramento, CA)
Community Character:Nearby Military Facility(ies), Moderate Residential Turnover
Population:20,666
Median Age:34.71 yr
Median Commute Time:15.76 mins
Educational Climate*:4
Recycling Likelihood**:99
Sales Tax:11%
Population Density:5,196/sq mi
Population Change Since 2000:-4%
Closest Airport:Sacramento International
Closest College:Ca State University Sacramento
Closest Jr. College:Sacramento City College
Median Household Income:$60,953
Annual Residential Turnover:16.65%
Median Years in Residence:3.61 yr
Median Home Sales Price:$300,000
Closest Major Sports Team:Sacramento River Cats (aaa)
Change Avg. Household Income Since 2000:55%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 95818 (Sacramento, CA)
Median Age: 34.71Married: 30%Number of Households: 9,797Households with Children: 2,379
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)