Greater Sacramento real estate market thrives in Q1 2024 despite housing challenges.
As the first quarter of 2024 unfolds, the Greater Sacramento real estate market appears to maintain its resilience and positive trajectory.
Despite ongoing challenges stemming from limited housing availability, the region continues to witness robust demand for properties. The competitive landscape persists, suggesting that buyers may still encounter scenarios of multiple offers, highlighting the desirability of the area’s properties.
Overall, the first quarter of 2024 presents a promising outlook for the Greater Sacramento real estate market. The combination of sustained demand, improved affordability, and the enduring appeal of the region suggests a favorable environment for those considering entering the market for real estate.
If you would like to learn more, please call our local office at 888.70.CHASE
UNITS SOLD 2024 2023 SALES VOLUME 2024 2023 El Dorado Hills 2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio SINGLE FAMILY 104 89 $108,672,760 $95,751,392 2024 $108,672,760 104 $1,044,930 $917,000 $360 38 97% 2023 $95,751,392 89 $1,084,460 $850,000 $366 43 97% % Change 13% 17% -4% 8% -2% -12% 1% 888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2024
SALES VOLUME 2024 2023 Placerville 2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $16,708,500 32 $522,141 $490,000 $318 39 97% 2023 $13,992,000 25 $559,680 $500,000 $308 30 97% % Change 19% 28% -7% -2% 3% 30% 0% SINGLE FAMILY UNITS SOLD 2024 2023 32 25 $16,708,500 $13,992,000
Auburn 2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $49,666,913 62 $801,079 $702,500 $345 36 99% 2023 $52,184,425 62 $841,684 $662,500 $338 54 98% % Change -5% 0% -5% 6% 2% -33% 1% SINGLE FAMILY SALES VOLUME 2023 2021 UNITS SOLD 2024 2023 62 62 $49,666,913 $52,184,425 888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2024
2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $53,519,053 39 $1,337,976 $1,205,000 $405 45 98% 2023 $66,778,332 52 $1,204,276 $1,187,000 $384 49 97% % Change -20% -25% 11% 2% 1% -9% 1% SINGLE FAMILY SALES VOLUME 2024 2023 UNITS SOLD 2024 2023 39 52 $53,519,053 $66,778,332
Granite Bay
2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $108,059,589 162 $667,035 $601,250 $334 36 99% 2023 $93,436,148 152 $614,712 $580,000 $317 50 98% % Change 16% 7% 9% 4% 6% -28% 1%
SALES VOLUME 2024 2023 UNITS SOLD 2024 2023 162 152 $108,059,589 $93,436,148 888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2024
Lincoln
SINGLE FAMILY
2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $21,778,992 32 $893,928 $736,208 $328 42 99% 2023 $36,441,061 40 $680,594 $655,850 $320 23 98% % Change -40% -20% 31% 12% 2% 83% 1% SINGLE FAMILY SALES VOLUME 2024 2023 UNITS SOLD 2024 2023 32 40 $21,778,992 $36,441,061
Twelve Bridges
SALES VOLUME 2024 2023 Loomis 2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $20,292,273 17 $1,193,663 $1,059,600 $445 34 97% 2023 $20,953,000 22 $952,409 $740,000 $439 37 95% % Change -3% -23% 25% 43% 1% -8% 2% SINGLE FAMILY UNITS SOLD 2024 2023 17 22 $20,292,273 $20,953,000 888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2024
2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $102,959,026 125 $823,672 $690,000 $348 38 99% 2023 $104,112,640 140 $743,662 $677,000 $327 45 96% % Change -1% -11% 11% 2% 6% -16% 2% SINGLE FAMILY SALES VOLUME 2024 2023 UNITS SOLD 2024 2023 125 140 $102,959,026 $104,112,640
Rocklin
2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $243,661,612 362 $673,098 $627,800 $330 36 99% 2023 $227,267,136 356 $638,391 $600,630 $307 50 97% % Change 7% 2% 5% 5% 7% -28% 2%
FAMILY SALES VOLUME 2024 2023 UNITS SOLD 2024 2023 362 356 $243,661,612 $227,267,136 888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2024
Roseville
SINGLE
Sacramento 2024 Q1 Market Statistics | January 1st - March 31st
Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $1,203,314,601 2,058 $584,701 $531,300 $344 28 99% 2023 $1,127,101,885 2,081 $541,616 $500,000 $325 43 98% % Change 7% -1% 8% 6% 6% -35% 1% SINGLE FAMILY SALES VOLUME 2024 2023 UNITS SOLD 2024 2023 2,058 2,081 $1,203,314,601 $1,127,101,885
*Sacramento stats include Arden Arcade, Carmichael, Curtis Park, East Sacramento, Fair Oaks, Land Park, Midtown
SALES VOLUME 2024 2023 Folsom 2024 Q1 Market Statistics | January 1st - March 31st 888.70.CHASE | chaseinternational.com Information gathered from MetroList 12/29/2024 Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $114,701,042 131 $875,580 $780,995 $378 32 98% 2023 $91,322,900 121 $754,735 $720,000 $351 44 97% % Change 26% 8% 16% 8% 8% -27% 1% SINGLE FAMILY UNITS SOLD 2024 2023 131 121 $114,701,042 $91,322,900
SALES VOLUME 2024 2023 Elk Grove 2024 Q1 Market Statistics | January 1st - March 31st Volume of Sales Number of Sales Average Sales Price Median Sales Price Average Price Per Sqft. Average Days on Market List to Sales Price Ratio 2024 $158,920,393 235 $676,257 $655,000 $325 29 99% 2023 $142,931,663 231 $618,752 $615,000 $305 42 98% % Change 11% 2% 9% 7% 6% -31% 1% SINGLE FAMILY UNITS SOLD 2024 2023 235 231 $158,920,393 $142,931,663
INTRODUCING, CHASE READY Make your home ready to SELL and easy for buyers to BUY! 888 70 CHASE 916 234 0247
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With Chase Ready, your home will stand out from the crowd by providing buyers full transparency on the condition of your home. Buyers will know what they are purchasing and can make an educated and confident decision when making an offer on your property.
Your home is ready to SELL and easy for buyers to BUY!
What distinguishes a Chase Ready Property?
Prior to putting your home on the market, Chase Ready Properties have completed the following:
Full Home Warranty for Buyers: Coverage for the sellers during the listing period
Property Inspection
Fully Completed Disclosures
Preliminary Title Search
Completed Natural Hazards Disclosure Report
Completed Sewer Clearance if necessary
Defensible Space Evaluation if necessary
Benefits to Sellers
ELIMINATE SURPRISES
Eliminates virtually all major surprises that often occur during the inspection process.
SAVES TIME & MONEY
Allows you to cost-effectively complete repairs and improvements.
REDUCES STRESS
Greatly reduces the stress and lost time of canceled transactions.
Benefits to Buyers
CONFIDENCE
Enable buyers to make educated and confident decisions when writing an offer.
SECURITY
Protect buyers from the cost of systems repairs during the first year of ownership.
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