July 2025 Market Report

Sacramento, California Housing Market Update for Buyers and Sellers

Navigating the real estate market in Sacramento, California can be complex, but understanding the latest data can help both buyers and sellers make informed decisions. Recent market trends provide insights that are crucial for timing, pricing, and strategic planning in this dynamic environment.

The current months of inventory in Sacramento is at 2.32, indicating a seller's market. This means there are fewer homes available than the demand from buyers, often leading to quicker sales and potentially more competitive offers. For sellers, this market condition might suggest an advantageous time to list a property, as they may benefit from the high demand. Buyers, on the other hand, should be prepared for competition and possibly need to act quickly when they find a home that meets their needs.

Examining the inventory trends, there's a short-term decrease of 4%, contrasted with a slight long-term increase of 15% over the past year. This suggests that while inventory has recently tightened, it has generally expanded compared to last year. This dual trend might encourage sellers to act sooner rather than later to capitalize on the current low inventory. Buyers might take solace in the fact that inventory has grown over the past year, potentially easing competition in the long run.

Homes in Sacramento are selling for about 100% of their asking price. This indicates a balanced negotiation environment, where sellers are achieving their listing prices, and buyers are paying fair market value. For sellers, this can reinforce confidence in setting a competitive asking price, while buyers can feel assured that they are not overpaying in the current market.

The median days on market for homes is 22, which signifies a steady pace. Homes are not lingering, but they aren't flying off the market immediately either. For sellers, this means there is time to find the right buyer without feeling rushed, while buyers can take a moment to consider their options without undue delay.

Finally, the median sold price of homes in Sacramento stands at $505,000. This figure helps set expectations around pricing and affordability. Sellers can use this median price as a benchmark to evaluate their own property’s potential market value, while buyers can use it to assess their budgetary plans and explore financing options.

For more personalized guidance tailored to your specific real estate needs in Sacramento, reach out to Todd & Lizette Souza at California Property Investment Group Inc. Whether buying or selling, having a professional by your side can make all the difference in navigating today’s market.