Sacramento Market Trends
Market Highlights
March 2024 was a Seller's Market
Homes For Sale: 4160 Units
- Up 15.8% compared to last month
- Up 24.8% compared to last year
Homes Closed: 2296 Units
- Up 10.2% compared to last month
- Down 13.8% compared to last year
Price Per Sqft
Appreciation seen in March 2024
Average Sold Price / Sqft: $322
- Up 1.6% compared to last month
- Up 6.3% compared to last year
Months of Inventory
March 2024 was a Seller's market
Months of Inventory based on Closed Sales: 1.8
- Up to 5.8% compared to last month
- Up to 39.9% compared to last year
Days on Market
Avg. Continuous Days Remain Stead
Continuous Days on Market: 40
- Down 11.1% compared to last month
- Down 21.6% compared to last year
Sold/Original List Price % in March 2024: 99%
- Up 1% compared to last month
- Up 2.1% compared to last year
Thinking about an Investment Property?
Begin your research by getting a rental analysis below.
Benefits of a Rental Analysis
Ability to compare different neighborhoods rental rates vs. housing prices. Then see what numbers work.
© CENTURY 21 2023 - 2024. All rights reserved. CENTURY 21®, C21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Franchisee Legal Entity Name (not the dba) fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Century 21 Real Estate LLC nor any of its affiliated companies.
