Sacramento Region
6 cities covered
Cities in this region
Carmichael inventory grows and homes sell faster, with prices edging higher
Citrus Heights buyers have more time to decide, even as sales pick up
Fair Oaks buyers are showing up in bigger numbers this spring
Rancho Cordova’s typical home sold for nearly $44,000 less than a year ago
Sacramento’s price dip points more to smaller homes than weakening demand
All Reports
48 reportsRancho Cordova’s median home price fell nearly $90,000 from a year ago
Newly released March data shows prices down 14.8% year-over-year, even as homes sold faster and buyers saved roughly $578 a month compared to last spring.
Carmichael’s median home price slips below $560K as inventory swells 17%
Buyers gained ground in March with more listings and lower prices, even as homes continued to sell quickly and nearly half closed above asking.
Sacramento home construction slid 21% in March as California permits jumped 22%
Builders pulled 632 residential permits across the Sacramento region, a sharp underperformance against a statewide pace that surged more than 22% year over year.
Sacramento region splits in two as Fair Oaks heats up and Rancho Cordova cools
Newly released Redfin data for March shows a wide gap across the region, with prices climbing more than 10% in two cities and falling nearly 15% in another.
Fair Oaks homes are selling twice as fast as last spring
Median days on market dropped to just 10 in March, down from 20 a year earlier, as more than half of homes sold above asking price.
Sacramento homes are sitting nearly a week longer than last spring
The median home took 23 days to sell in March, up from 17 a year earlier, even as sales picked up and prices held nearly flat.
Citrus Heights homes are sitting nearly twice as long as last spring
The median home took 20 days to sell in March, up from 11 a year ago, even as buyers paid $388 less per month thanks to lower prices and rates.
Arden-Arcade’s median home price jumps to $595,000 — but homes are sitting longer
Prices climbed more than 10% year-over-year in March, even as inventory grew and homes took four extra days to sell compared with last spring.