Showing posts with label Sacramento neighborhoods. Show all posts
Showing posts with label Sacramento neighborhoods. Show all posts

Saturday, July 8, 2017

It’s all about the zip codes! Which Sacramento zip codes are the hottest, the priciest, the hidden steals for homebuyers, or even on the decline?

I’m sure you’ve picked up the morning newspaper, turned on the news, or checked social media and saw reports citing real estate statistics. These days, they’re usually about escalating prices and dwindling inventory, of course, but they also rarely tell the true story. 

In fact, real estate is all about micro-markets, and what’s happening across town, in the Bay Area, or in Sheboygan, Wisconsin have very little to do with your home value at the moment.


So in this blog, we’ll break down key market statistics based on zip codes, which often correlates to actual neighborhoods (although there is some spillover) or even more narrowly defined areas. When it comes to real estate – including important decisions to buy or sell – you can never have too much good, specific information, and this will help.

So which zip codes are hot, which may be starting to level off in value, and postal code presents hidden deals for homebuyers?

In order to keep this blog short and sweet, we only presented some of the Sacramento area’s many zip codes, so if you have questions about one you don’t see listed, feel free to contact us!

Sacramento Single Family Home Sales - May 2017:

95608 Carmichael
Current Median Sales Price: $ $385,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $369,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $223 (Listed under Current Month on the chart)
Current Total Listing Inventory: 120 (Listed as Total Listing Inventory)
Total Listing Median Price: $476,750 (Listed under Current Month on the chart)

95610 Citrus Heights
Current Median Sales Price: $ $330,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $327, 500 (Listed as Year to Date in the right column)
Average Price/Square Foot: $216 (Listed under Current Month on the chart)
Current Total Listing Inventory: 39 (Listed as Total Listing Inventory)
Total Listing Median Price: $369,000 (Listed under Current Month on the chart)

95621 Citrus Heights
Current Median Sales Price: $ $299,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $293,838 (Listed as Year to Date in the right column)
Average Price/Square Foot: $224 (Listed under Current Month on the chart)
Current Total Listing Inventory: 34 (Listed as Total Listing Inventory)
Total Listing Median Price: $327,475 (Listed under Current Month on the chart)

95624 Elk Grove
Current Median Sales Price: $ $400,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $395,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $207 (Listed under Current Month on the chart)
Current Total Listing Inventory: 69 (Listed as Total Listing Inventory)
Total Listing Median Price: $475,000 (Listed under Current Month on the chart)

95628 Fair Oaks
Current Median Sales Price: $ $472,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $425,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $227 (Listed under Current Month on the chart)
Current Total Listing Inventory: 112 (Listed as Total Listing Inventory)
Total Listing Median Price: $515,000 (Listed under Current Month on the chart)

95670 Rancho Cordova Gold River
Current Median Sales Price: $ $324,750 (Listed under Current Month on the chart)
Median Sales Price This Year: $320,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $217 (Listed under Current Month on the chart)
Current Total Listing Inventory: 58 (Listed as Total Listing Inventory)
Total Listing Median Price: $364,179 (Listed under Current Month on the chart)

95757 Elk Grove
Current Median Sales Price: $ $446,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $445,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $194 (Listed under Current Month on the chart)
Current Total Listing Inventory: 40 (Listed as Total Listing Inventory)
Total Listing Median Price: $449,975 (Listed under Current Month on the chart)

95758 Elk Grove
Current Median Sales Price: $ $363,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $360,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $209 (Listed under Current Month on the chart)
Current Total Listing Inventory: 51 (Listed as Total Listing Inventory)
Total Listing Median Price: $359,950 (Listed under Current Month on the chart)

95811 Sacramento Midtown
Current Median Sales Price: $ $0 (Listed under Current Month on the chart)
Median Sales Price This Year: $362,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $0 (Listed under Current Month on the chart)
Current Total Listing Inventory: 6 (Listed as Total Listing Inventory)
Total Listing Median Price: $638,162 (Listed under Current Month on the chart)

95816 Sacramento Midtown
Current Median Sales Price: $ $535,435 (Listed under Current Month on the chart)
Median Sales Price This Year: $540,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $395 (Listed under Current Month on the chart)
Current Total Listing Inventory: 28 (Listed as Total Listing Inventory)
Total Listing Median Price: $369,500 (Listed under Current Month on the chart)
  
95817 East Sacramento
Current Median Sales Price: $ $375,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $319,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $330 (Listed under Current Month on the chart)
Current Total Listing Inventory: 25 (Listed as Total Listing Inventory)
Total Listing Median Price: $369,000 (Listed under Current Month on the chart)

95818 Sacramento Land Park Curtis Park
Current Median Sales Price: $ $560,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $535,105 (Listed as Year to Date in the right column)
Average Price/Square Foot: $402 (Listed under Current Month on the chart)
Current Total Listing Inventory: 32 (Listed as Total Listing Inventory)
Total Listing Median Price: $528,950 (Listed under Current Month on the chart)

95819 East Sacramento
Current Median Sales Price: $ $557,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $553,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $415 (Listed under Current Month on the chart)
Current Total Listing Inventory: 25 (Listed as Total Listing Inventory)
Total Listing Median Price: $569,000 (Listed under Current Month on the chart)

95822 South Land Park Greenhaven
Current Median Sales Price: $ $263,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $250,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $227 (Listed under Current Month on the chart)
Current Total Listing Inventory: 47 (Listed as Total Listing Inventory)
Total Listing Median Price: $309,900 (Listed under Current Month on the chart)

95829 Sacramento Florin
Current Median Sales Price: $ $363,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $347,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $218 (Listed under Current Month on the chart)
Current Total Listing Inventory: 33 (Listed as Total Listing Inventory)
Total Listing Median Price: $598,000 (Listed under Current Month on the chart)

95831 Sacto S Land Park Greenhaven
Current Median Sales Price: $ $412,500 (Listed under Current Month on the chart)
Median Sales Price This Year: $425,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $236 (Listed under Current Month on the chart)
Current Total Listing Inventory: 38 (Listed as Total Listing Inventory)
Total Listing Median Price: $452,500 (Listed under Current Month on the chart)

95864 Sacto Arden Arcade Creek
Current Median Sales Price: $ $430,250 (Listed under Current Month on the chart)
Median Sales Price This Year: $384,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $271 (Listed under Current Month on the chart)
Current Total Listing Inventory: 75 (Listed as Total Listing Inventory)
Total Listing Median Price: $778,000 (Listed under Current Month on the chart)

95816 West Sacramento
Current Median Sales Price: $ $410,000 (Listed under Current Month on the chart)
Median Sales Price This Year: $375,000 (Listed as Year to Date in the right column)
Average Price/Square Foot: $212 (Listed under Current Month on the chart)
Current Total Listing Inventory: 55 (Listed as Total Listing Inventory)
Total Listing Median Price: $429,800 (Listed under Current Month on the chart)








Tuesday, May 31, 2016

Let's play Sacramento Real Estate Monopoly!

When the game of Monopoly was invented in 1903 as a way to demonstrate the dynamic of wealth creation in the new industrial United States, no one anticipated it would become America's iconic board game, still popular more than a century later. 

In fact, Monopoly has gone through countless revisions, reiterations and translations to different languages, but it's still essentially a contest in amassing wealth through real estate investment. 

So what better way to revisit Monopoly than sync it with our modern Sacramento real estate market. We took the liberty of converting the well-known Boardwalk, Park Place, railroads, utilities, etc. to actual Sacramento neighborhoods based on current real estate values.

Please note that this is just an illustration for fun, and shouldn't be construed as accurate data or a proper characterization of any of these communities, good or bad. We used current home sale values for the last couple months, but these numbers could easily change and create a new order in the coming months. All neighborhoods have pros and cons and no matter if you're starting out buying your first home in modest "Mediterranean Avenue" or work your way up to Boardwalk, real estate ownership is one of the only games you win just by playing. 

Without further adieu, here is your list of Sacramento Monopoly properties:

Mediterranean Avenue
Del Paso Heights

Baltic Avenue
Fruitridge

Income Tax
PG & E

Reading Railroad
Sacramento Railyards

Oriental Avenue
North Sacramento

Vermont Avenue
South Oak Park

Connecticut Avenue
Meadowview

St. Charles Place
Tallac Village

Electric Company
SMUD

States Avenue
Colonial Heights

Virginia Avenue
South Natomas

Pennsylvania Railroad
Sac State

St. James Place
North Oak Park

Tennessee Avenue
North Oak Park

New York Avenue
College Glen

Kentucky Avenue
Tahoe Park

Indiana Avenue
Hollywood Park

Illinois Avenue
Natomas Park

B&O Railroad
Old Sacramento

Atlantic Avenue
South Land Park

Ventor Avenue
The Pocket

Water Works
CA American Water

Marvin Gardens
Sierra Oaks

Pacific Avenue
Downtown

North Carolina Avenue
Curtis park

Pennsylvania Avenue
Land Park

Short Line Railroad
Downtown arena

Park Place
East Sacramento

Luxury Tax
State Capitol

Boardwalk
Midtown