Hire Top Class Real Estate Agents Who Will Invest In Your Future

Souza Team
Broker
License #: 01736743
- Mobile:
- 916-873-3707
License #: 01903878


Single Family Residence
1. Monitor Inventory Shifts
Inventory is evolving, with a 2.57-month supply, signaling a balanced market. Notably, inventory increased by 3.63% over the last month and 7.98% over the past year, offering more options for both buyers and sellers. While exploring Sacramento, take a stroll through the historic Old Sacramento Waterfront for a taste of the city's vibrant past.
2. Evaluate New Listing Prices
The median list price for new listings stands at $506,000, aligning with strategic pricing for buyers and sellers looking to maximize their transaction value. Sacramento's numerous parks, including the expansive William Land Park, provide ample opportunities for recreation and relaxation.
3. Analyze Active Market Trends
The active listings count is 936, with a median list price of $515,000, reflecting current market demands and pricing strategies. Sacramento's well-connected public transportation system, including light rail services, enhances accessibility across the city.
4. Track Pending Activity
With 325 new pending listings and a median list price of $499,999, homes are moving quickly, averaging just 21 days in RPR. The city's proximity to major employers like Intel and California State University, Sacramento, makes it a dynamic hub for professionals.
5. Understand Sold Dynamics
The median sold price is $514,500, with homes selling at 99.88% of their list price within 20 days, indicating a robust market. The sold-to-list price ratio has seen a slight decrease of 0.37% month-over-month, suggesting careful pricing is key. Don't miss a visit to the iconic Crocker Art Museum, enriching Sacramento's cultural landscape.
Navigating both buying and selling in Sacramento requires strategic insights—connect with Todd & Lizette Souza at California Property Investment Group Inc. for expert guidance today.

