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 May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 22% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 33%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 300-thousand dollars. The number of units sold increased 56% year-over-year, and increased 8% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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: 63,337
  • Median Age: 42.06 yr
  • Median Commute Time: 22.17 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 4,682/sq mi
  • Population Change Since 2000: .46%
  • Closest Airport: Sacramento International
  • Closest College: Epic Bible College
  • Closest Jr. College: American River College
  • Median Household Income: $56,796
  • Annual Residential Turnover: 17.17%
  • Median Years in Residence: 4.14 yr
  • Median Home Sales Price: $191,204
  • Closest Major Sports Team: Sacramento River Cats
  • Change Avg. Household Income Since 2000: 25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Carmichael, CA
Median Age: 42.06 Married: 35% Number of Households: 26,396 Households with Children: 7,881
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 GreatSchools Rating Parent Rating
      Dmary Eterding Elementary (char) 0.2 mi Public K-6 4 4
      Victory Christian Elementary 0.5 mi Private K-6 0 5
      Victory Christian 0.5 mi Private K-12 0 4
      Carmichael Elementary 0.9 mi Public K-5 1 3
      Marvin Marshall Children Center Elementary 0.9 mi Public K-1 0 3
      Wonder-land Christian Preschool & Daycare 1.0 mi Private PRESCHOOL-K 0 0
      Paragon Program 1.0 mi Private 2-11 0 5
      Laureate Learning Center 1.0 mi Private 7-12 0 0
      Uhs Creekside Academy 1.1 mi Private K-12 0 0
      Winston Churchill Middle School 1.3 mi Public 6-8 3 4
      Grace Family Christian School 1.3 mi Private K-5 0 0
      St John The Evangelist 1.5 mi Catholic PRESCHOOL-8 0 5
      Mission Avenue Open Elementary 1.5 mi Public K-6 3-5 5
      Cameron Ranch Elementary 1.5 mi Public K-5 1 3
      John Barrett Middle School 1.6 mi Public 6-8 2 3
      Our Lady Of The Assumption 1.6 mi Catholic PRESCHOOL-8 0 5
      St. Michael's Academy 1.8 mi Catholic K-12 0 0
      Options For Youth San Juan 1.8 mi Public 7-12 2-5 3
      Starr King K 8 1.8 mi Public PRESCHOOL-8 1 2
      Richardson (ralph) Center 1.8 mi Public PRESCHOOL-12 1 5
      Sacramento Adventist Academy 1.9 mi Private PRESCHOOL-12 0 5
      St. Michael's Episcopal Day 1.9 mi Private PRESCHOOL-8 0 5
      Kelly (thomas) Elementary 2.1 mi Public PRESCHOOL-5 2-5 4
      Visions In Education 2.1 mi Public K-12 2 4
      Schweitzer (albert) Elementary 2.1 mi Public PRESCHOOL-5 3 4
      Village Montessori School 2.2 mi Private PRESCHOOL-K 0 0
      Del Dayo Elementary 2.4 mi Public K-6 4-5 5
      Jesuit High School 2.7 mi Catholic 9-12 0 4
      Peck (charles) Elementary 2.7 mi Public K-5 1 3
      Coyle Avenue Elementary 3.2 mi Public K-5 1 3
      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: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Carmichael, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.