Sacramento Region
6 cities covered
Cities in this region
Carmichael prices climbed faster than most of the region this spring
Citrus Heights homes are taking noticeably longer to sell than a year ago
Fair Oaks keeps its tight-inventory edge as buyers move faster this spring
Rancho Cordova homes are taking noticeably longer to sell this summer
Sacramento home sales picked up this spring even as prices held flat
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60 reportsCitrus Heights renters now pay $42 more per month than a year ago
Median rents in the Sacramento suburb climbed to $1,854 in March, a 2.3% annual increase that keeps the typical household just under the rent-burden threshold.
Carmichael rents climb past $1,850 as renters keep just under the burden line
The Sacramento suburb's median rent rose $51 over the past year to $1,857, leaving typical households spending 25.9% of income on housing.
Rancho 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 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.
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.
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.
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.
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.