Mid-Year 2024 Real Estate Market Opinion: Greater Sacramento Region
As of mid-2024, the Greater Sacramento real estate market shows steady growth and resilience despite relatively higher interest rates compared to a few years ago, making it a prime area for home buyers and investors seeking economic stability and lifestyle benefits. Home values have steadily appreciated along with increasing sales volume, creating a more balanced market for buyers and sellers. Sales volume and average sales price are both up single digits with the average days on the market down double digits in most regions. More housing options are available due to numerous new developments. The region offers a diverse range of housing options, from single-family homes to condos and estates.
Sacramento’s quality of life is a significant draw, with top-rated schools, healthcare facilities, and abundant recreational opportunities. The job market is thriving, with opportunities in government, healthcare, education, and tech sectors. The region’s natural beauty, including proximity to picturesque mountains, serene lakes, and outdoor activities, enhances its attractiveness. A rich cultural scene with vibrant arts, dining and events, along with a Mediterranean-type climate featuring hot summers and mild winters, further boosts its desirability.
Living in the Sacramento region is a delight, thanks to its exceptional quality of life and numerous personal and professional opportunities. Additionally, the cost of living is lower than in other major California cities, providing more value for residents. The Sacramento region remains one of the hot spots for real estate in California!
If you would like to learn more, please call our local office at 888.70.CHASE
Sacramento Region - North
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*Rio Linda, North Highlands, Citrus Heights, Carmichael, Rancho Cordova, Natomas/Del Paso, Antelope, Arden/Arcade
*Roseville, Rocklin, Granite Bay, Folsom, Fair Oaks, El Dorado Hills, Lincoln, Auburn, Placerville, Cameron Park
Sacramento Region - East
2024 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
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Average Days on Market List to Sales Price Ratio
SALES VOLUME 2024 2023
$2,089,076,551 $1,954,732,123
$2,089,076,551 3,096
Sacramento Region- South
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Sacramento Region - Downtown
SINGLE FAMILY
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Yolo County
Amador County
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Stand out from the crowd with Chase Ready
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.
Chase Family of Companies
“
May a world that affirms in oneness—health as the highest gain, contentment as the highest wealth, awaken its note of joy in the human kingdom.
– Dr. Jayanath Abeywickrama
CHASE GLOBAL INITIATIVE
The Hela Bima Rice Project
At Chase International, we are proud to make a real difference in our world by supporting over 1,000 traditional rice farmers in Sri Lanka. Over 3.5 billion people consume rice, mostly unhealthy hybrid varieties. The Hela Bima Rice Project and Chase International join forces to grow 2,000-year-old pure, whole varieties of rice (hidden for over 500 years) with human loving, nature friendly and sustainable farming practices, using the wisdom of their ancestors. We support education, fund schools, build state-of-the-art, eco-friendly rice mills, storage and packaging facilities.
Since 2011, Chase International has empowered the farmers, their families, children and villages to live healthy lives. The Hela Bima Rice Project is awakening and educating the world, honoring the farmers, their rice and well-being. This relationship with the farmers creates a circle of abundance in all of our lives.
Making a difference: Our mission is to bring awareness to how we see FOOD, giving value and respect for all human beings.
ONE COMPANY | ONE HEART | ONE PHILOSOPHY
Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive luxury properties in the Tahoe/Reno/Sacramento/Vegas regions. We are proud to have sold nearly $9 billion in 4 Years sales and served 10,000+ families. With more than 360 highly qualified professional REALTORS® and 15 real estate locations, we are committed to our clients’ success. Chase has the most knowledgeable agents with the experience and connections to serve your needs.