Real Estate Market Update for Sacramento, CA

Video: Real Estate Community Tour for Sacramento, CA

See Real estate community tour for Sacramento, CA Welcome to Sacramento, also known as the River City, it is the capital city of California. Located at the delta of the Sacramento river and American river, the Mediterranean climate and population of almost 500,000 makes Sacramento a great place to live! Hollywood Park is a quiet neighborhood that is great for first-time home-buyers, and Rocklin has one of the top-rated school districts in the area, making it the perfect place to raise a family! Restaurants downtown frequently use locally grown produce in their kitchens, giving the city the title America's Farm-To-Form Capital. Mikuni Midtown is a trendy dining location that participates in the City's important beverage culture that includes the annual Beer and Cocktail week. Other attractions include the Sacramento Marina, Sacramento Zoo, and the annual Sacramento State Fair! Also, come and visit the Sleep Train Arena to watch the Kings compete in the NBA's Pacific Division. Tour the many attractive homes available in Sacramento on century21.com.
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 23% from one year earlier, and down 4% 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 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 13%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 270-thousand dollars. The number of units sold decreased 12% year-over-year, and decreased 14% 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.
Welcome to Sacramento, also known as the River City, it is the capital city of California. Located at the delta of the Sacramento river and American river, the Mediterranean climate and population of almost 500,000 makes Sacramento a great place to live! Hollywood Park is a quiet neighborhood that is great for first-time home-buyers, and Rocklin has one of the top-rated school districts in the area, making it the perfect place to raise a family! Restaurants downtown frequently use locally grown produce in their kitchens, giving the city the title America's Farm-To-Form Capital. Mikuni Midtown is a trendy dining location that participates in the City's important beverage culture that includes the annual Beer and Cocktail week. Other attractions include the Sacramento Marina, Sacramento Zoo, and the annual Sacramento State Fair! Also, come and visit the Sleep Train Arena to watch the Kings compete in the NBA's Pacific Division. Tour the many attractive homes available in Sacramento on century21.com.
Show Transcript
Map Information for Sacramento, CA
Area Information for Sacramento, CA
  • Population: 484,771
  • Median Age: 34.66 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 4,950/sq mi
  • Population Change Since 2000: 19.02%
  • Closest Airport: Sacramento International
  • Closest College: California State University-sacramento
  • Closest Jr. College: Sacramento City College
  • Median Household Income: $51,044
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $245,000
  • Closest Major Sports Team: Sacramento River Cats (aaa)
  • Change Avg. Household Income Since 2000: 39.42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Sacramento, CA
Median Age: 34.66 Married: 31% Number of Households: 182,074 Households with Children: 53,320
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 Sacramento, CA

      School Name Distance Type Grades School Rating Parent Rating
      Caleb Greenwood Elementary School 0.4 mi Public K-6 4 0
      Theodore Judah Elementary School 0.9 mi Public K-6 4 0
      St Francis High School 1.5 mi Catholic 9-12 0 4
      Encina Preparatory High School 1.5 mi Public 6-12 1 3
      David Lubin Elementary School 1.6 mi Public K-6 4 0
      Phoebe A. Hearst Elementary School 1.6 mi Public K-6 5 0
      Sutter Middle School 1.6 mi Public 7-8 4 0
      Sacramento Country Day School 2.0 mi Private PRESCHOOL-12 0 0
      Gateway International 2.3 mi Public PRESCHOOL-8 3 0
      Sierra Oaks K-8 2.3 mi Public K-8 3 0
      Sacramento Charter High School 2.5 mi Public 9-12 3 3
      Aspire Alexander Twilight Secondary Academy 2.5 mi Public 6-12 2 3
      California Montessori Project - Capitol Campus School 2.7 mi Public K-8 4 0
      American Legion High (continuation) School 2.8 mi Public 9-12 0 0
      Hiram W. Johnson High School 2.9 mi Public 9-12 2 3
      Arden Middle School 3.0 mi Public 6-8 4 0
      Hubert H. Bancroft Elementary School 3.2 mi Public K-6 3 0
      Cristo Rey High School 3.4 mi Catholic 9-12 0 3
      William Land Elementary School 3.5 mi Public K-6 3 0
      Christian Brothers High School 3.6 mi Catholic 9-12 0 3
      West Campus 3.6 mi Public 9-12 5 4
      Mariemont Elementary School 3.7 mi Public K-5 4 0
      C. K. Mcclatchy High School 3.7 mi Public 9-12 3 3
      The Met School 3.7 mi Public 9-12 3 4
      Grant Union High School 3.8 mi Public 9-12 2 3
      California Middle School 3.9 mi Public 7-8 4 0
      Sava: Sacramento Academic And Vocational Academy 4.0 mi Public 7-12 1 0
      Del Paso Manor Elementary School 4.1 mi Public K-6 3 0
      Ethel I. Baker Elementary School 4.2 mi Public K-6 0 5
      North Area Community School 4.2 mi Public 7-12 0 0
      Rio Americano High School 4.2 mi Public 9-12 4 4
      Crocker/riverside Elementary School 4.3 mi Public PRESCHOOL-6 4 0
      Arthur A. Benjamin Health Professions High School 4.3 mi Public 9-12 2 4
      El Camino Fundamental High School 4.3 mi Public 9-12 3 4
      Sequoia Elementary School 4.3 mi Public K-6 3 0
      San Juan Choices Charter School 4.4 mi Public 6-12 2 0
      Natomas High School 4.5 mi Public 9-12 2 3
      James R. Cowan Fundamental Elementary School 4.6 mi Public K-6 4 0
      Leonardo Da Vinci School 4.6 mi Public K-8 4 0
      Golden Empire Elementary School 4.6 mi Public K-6 3 0
      Discovery High School 4.6 mi Public 9-12 0 3
      Arcade Fundamental Middle School 4.6 mi Public 6-8 3 0
      Elder Creek Elementary School 4.7 mi Public K-6 2 0
      Calvary Christian 4.9 mi Private PRESCHOOL-12 0 0
      Mira Loma High School 5.0 mi Public 9-12 4 3
      Capital Christian School 5.1 mi Private 9-12 0 0
      Albert Einstein Middle School 5.1 mi Public 7-8 3 0
      Sutterville Elementary School 5.1 mi Public K-6 3 0
      Camellia Elementary School 5.1 mi Public K-6 3 0
      Al-arqam Islamic School 5.6 mi Private PRESCHOOL-12 0 0
      Two Rivers Elementary School 5.7 mi Public K-6 3 0
      New Technology High School 5.7 mi Public 9-12 2 3
      Rosemont High School 5.7 mi Public 9-12 2 3
      Sam Brannan Middle School 5.8 mi Public 7-8 3 0
      Luther Burbank High School 6.2 mi Public 9-12 2 3
      Alice Birney Waldorf-inspired 6.2 mi Public K-8 2 0
      Natomas Charter School 6.3 mi Public K-12 5 0
      Daylor (william) High (continuation) School 6.4 mi Public 10-12 0 0
      George Washington Carver School Of Arts And Science 6.5 mi Public 9-12 3 4
      Capital City Independent Study School 6.5 mi Public K-12 0 0
      Witter Ranch Elementary School 6.5 mi Public PRESCHOOL-5 3 0
      Rosa Parks Elementary School 6.9 mi Public K-8 1 0
      Pony Express Elementary School 6.9 mi Public K-6 3 0
      Inderkum High School 7.1 mi Public 9-12 3 4
      School Of Engineering & Sciences 7.1 mi Public 7-12 3 4
      Sol Aureus College Preparatory School 7.1 mi Public K-8 3 0
      Heron School 7.4 mi Public K-8 4 0
      John F. Kennedy High School 7.5 mi Public 9-12 3 3
      Las Flores High (alternative) School 7.6 mi Public K-12 2 0
      Rio Cazadero High (continuation) School 7.7 mi Public 11-12 0 0
      Regency Park Elementary School 7.8 mi Public K-5 3 0
      Natomas Middle School 7.8 mi Public 6-8 1 4
      Genevieve Didion School 8.0 mi Public K-8 4 0
      Natomas Pacific Pathways Prep School 8.0 mi Public 9-12 4 4
      Natomas Pacific Pathways Prep Middle School 8.0 mi Public 6-8 4 0
      Westlake Charter Middle 8.1 mi Public 6-8 3 0
      Westlake Charter School 8.1 mi Public K-4 4 0
      Florin High School 8.2 mi Public 9-12 2 3
      Foothill High School 8.3 mi Public 9-12 2 3
      Frontier Elementary School 8.7 mi Public K-6 3 0
      Valley High School 8.7 mi Public 9-12 3 3
      Mary Tsukamoto Elementary School 8.7 mi Public K-6 3 0
      Matsuyama Elementary School 8.8 mi Public K-6 3 0
      Maeola E. Beitzel Elementary School 9.1 mi Public PRESCHOOL-6 3 0
      Barbara Comstock Morse Elementary School 9.2 mi Public K-6 3 4
      Ridgepoint Elementary School 9.3 mi Public K-8 3 0
      Calvine High School 9.3 mi Public 11-12 0 3
      Robert J. Fite Elementary School 9.5 mi Public K-6 3 0
      T. R. Smedberg Middle School 9.6 mi Public 7-8 3 0
      Arnold Adreani Elementary School 9.8 mi Public K-6 5 0
      Barrett Ranch Elementary School 9.8 mi Public K-5 3 0
      Sheldon High School 9.9 mi Public 9-12 4 4
      Center High 9.9 mi Public 9-12 4 3
      Global Youth Charter School 9.9 mi Public 7-12 1 0
      Antelope High School 10.0 mi Public 9-12 4 4
      Bradshaw Christian 10.3 mi Private PRESCHOOL-12 0 0
      Oak Hill Elementary School 10.3 mi Public PRESCHOOL-6 3 0
      Olive Grove Elementary School 10.4 mi Public K-5 4 0
      Antelope Meadows Elementary School 10.5 mi Public K-5 4 0
      Antelope Crossing Middle School 10.8 mi Public 6-8 3 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 Sacramento, 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.