Real Estate Market Update for Carmichael, CA

Video: Real Estate Community Tour for Carmichael, CA

See Real estate community tour for Carmichael, CA
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 32% from one year earlier, and down 3% 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 under 440-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 390-thousand dollars. The number of units sold decreased 14% year-over-year, and decreased 27% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Carmichael, CA
Area Information for Carmichael, CA
  • Population: 62,904
  • Median Age: 43.04 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 4,650/sq mi
  • Population Change Since 2000: -.07%
  • Closest Airport: Sacramento International
  • Closest College: Epic Bible College
  • Closest Jr. College: American River College
  • Median Household Income: $57,358
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $290,000
  • Closest Major Sports Team: Sacramento Kings
  • Change Avg. Household Income Since 2000: 28.94%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Carmichael, CA
Median Age: 43.04 Married: 37% Number of Households: 26,542 Households with Children: 6,789
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Carmichael, CA

      School Name Distance Type Grades School Rating Parent Rating
      Mary Deterding Elementary School 0.2 mi Public K-6 4 2
      Victory Christian School 0.5 mi Private K-12 0 0
      Victory Christian Elementary School 0.5 mi Private K-6 0 0
      Carmichael Elementary School 0.9 mi Public K-5 2 0
      Marvin Marshall Preschool And Children's Center 0.9 mi Public K-1 0 0
      Paragon Program 1.0 mi Private 2-11 0 0
      Laureate Learning Center 1.0 mi Private 7-12 0 0
      Wonder-land Christian Preschool & Daycare 1.0 mi Private PRESCHOOL-K 0 0
      Creekside Academy 1.1 mi Private K-12 0 0
      Winston Churchill Middle School 1.3 mi Public 6-8 4 0
      Grace Family Christian School 1.3 mi Private K-5 0 0
      Visions In Education School 1.3 mi Public K-12 3 0
      St. John The Evangelist 1.5 mi Catholic PRESCHOOL-8 0 0
      Mission Avenue Open Elementary School 1.5 mi Public K-6 3 0
      Cameron Ranch Elementary School 1.5 mi Public PRESCHOOL-5 2 0
      John Barrett Middle School 1.6 mi Public 6-8 2 0
      Atkinson Family Services School 1.6 mi Private K-12 0 0
      Our Lady Of The Assumption School 1.6 mi Catholic PRESCHOOL-8 0 0
      St. Michael's Academy 1.8 mi Catholic K-12 0 0
      Options For Youth-san Juan School 1.8 mi Public 7-12 2 2
      Starr King K-8 1.8 mi Public PRESCHOOL-8 1 0
      Ralph Richardson Center 1.8 mi Public UNGRADE-UNGRADE 0 0
      Sacramento Adventist Academy 1.9 mi Private PRESCHOOL-12 0 0
      St. Michael's Episcopal Day School 1.9 mi Private PRESCHOOL-8 0 0
      Thomas Kelly Elementary School 2.1 mi Public PRESCHOOL-5 2 0
      Albert Schweitzer Elementary School 2.1 mi Public PRESCHOOL-5 3 0
      Village Montessori School 2.2 mi Private PRESCHOOL-K 0 0
      Del Dayo Elementary School 2.4 mi Public K-6 4 0
      Jesuit High School 2.7 mi Catholic 9-12 0 4
      Charles Peck Elementary School 2.7 mi Public K-5 0 0
      Coyle Avenue Elementary School 3.2 mi Public K-5 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Carmichael, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.