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March 2024 Real Estate Report
33 Total
Homes For Sale
Homes For Sale
21 Homes
Added to the Market
Added to the Market
12 Homes
Sold
Sold
Compared to Previous Month
-3%
Fewer Homes For Sale
-8%
Fewer Homes Sold
Last month in March, housing in Sacramento, CA ended with 21 homes being added to the market for sale, for a cumulative monthly total of 33 homes for sale - down -3% compared to February. Sacramento, CA had a total of 12 homes sold for the month - down -8% from the month prior.
Detached led the way in homes sold with a total of 11 - even, while attached totaled 1 in closed sales - down -100% from the month of February. The number of detached properties sold under 1500 square feet totaled 6 for the month of March, while homes from 1500 to 2000 square feet recorded 2 sales and homes sized from 2000 to 2500 square feet had 3 sales. The following ranges for detached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 1. The following ranges for attached homes all had no sales: 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
When are the most homes sold in Sacramento, CA?
May:
18 Homes Sold
The last 12 month period for the city of Sacramento, CA shows that the greatest number of homes were sold during the months of May 2023, February 2024 and March 2024. The months of May 2023, February 2024 and March 2024 had 18 - 13 and 12 homes sold, respectively, as compared to an average of 8 for the other months of the year.
When do homes sell the fastest in Sacramento, CA?
September:
10 Days On Market
The last 12 month period for the city of Sacramento, CA shows that homes sold the fastest during the months of June 2023, August 2023 and September 2023. The months of June 2023, August 2023 and September 2023 had 17 - 13 and 10 days on market, respectively, as compared to an average of 36 for the other months of the year.
Average Price Of Homes Sold In Sacramento, CA
By Size Category
Average Sold Price
Average Price Per Square Foot
Average Price Of Homes Sold In Sacramento, CA
By Year
Average Sold Price
Average Price Per Square Foot
| Number of homes sold in Sacramento, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 6 | 13 | 12 | - | - | - | - | - | - | - | - | - | 31 |
| 2023 | 6 | 7 | 9 | 10 | 18 | 9 | 8 | 9 | 4 | 8 | 8 | 6 | 102 |
| 2022 | 11 | 14 | 11 | 3 | 14 | 15 | 10 | 8 | 8 | 8 | 5 | 8 | 115 |
| 2021 | 5 | 5 | 5 | 15 | 9 | 12 | 8 | 7 | 13 | 5 | 12 | 6 | 102 |
| 2020 | 2 | 22 | 4 | 3 | - | 5 | 6 | 2 | 6 | 6 | 2 | 4 | 62 |
| 2019 | 3 | 5 | 5 | 3 | 8 | 7 | 5 | 4 | 3 | 3 | 4 | 5 | 55 |
| 2018 | 3 | 1 | 6 | 4 | 4 | 4 | 5 | 9 | 6 | 7 | 9 | 3 | 61 |
| 2017 | 8 | 5 | 11 | 2 | 1 | 3 | - | 5 | - | 3 | 5 | 4 | 47 |
| Average Days On Market (DOM) In Sacramento, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 57 | 25 | 36 | - | - | - | - | - | - | - | - | - | 39 |
| 2023 | 29 | 62 | 41 | 45 | 33 | 17 | 39 | 13 | 10 | 27 | 25 | 41 | 32 |
| 2022 | 18 | 14 | 5 | 8 | 17 | 12 | 9 | 20 | 30 | 22 | 23 | 39 | 18 |
| 2021 | 33 | 8 | 44 | 19 | 16 | 4 | 92 | 11 | 24 | 16 | 18 | 17 | 25 |
| 2020 | 47 | 12 | 35 | 8 | 15 | 24 | 22 | 4 | 31 | 39 | 4 | 12 | 21 |
| 2019 | 0 | 57 | 46 | 27 | 26 | 45 | 28 | 29 | 50 | 42 | 47 | 14 | 34 |
| 2018 | 32 | 60 | 48 | 32 | 22 | 55 | 44 | 64 | 65 | 73 | 84 | 108 | 57 |
| 2017 | 48 | 12 | 46 | 29 | 35 | 5 | 35 | 20 | 18 | 15 | 7 | 8 | 23 |
| Average Days From List To Close Of Escrow In Sacramento, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 87 | 50 | 58 | - | - | - | - | - | - | - | - | - | 65 |
| 2023 | 95 | 111 | 72 | 75 | 59 | 42 | 62 | 39 | 49 | 56 | 58 | 67 | 65 |
| 2022 | 53 | 48 | 34 | 51 | 48 | 40 | 48 | 45 | 69 | 50 | 54 | 72 | 51 |
| 2021 | 97 | 44 | 73 | 50 | 39 | 39 | 142 | 68 | 68 | 57 | 50 | 60 | 66 |
| 2020 | 68 | 49 | 57 | 48 | - | 54 | 61 | 31 | 85 | 67 | 36 | 52 | 55 |
| 2019 | 62 | 119 | 74 | 57 | 57 | 59 | 64 | 55 | 71 | 64 | 80 | 63 | 69 |
| 2018 | 56 | 89 | 79 | 77 | 55 | 111 | 91 | 90 | 91 | 105 | 110 | 136 | 91 |
| 2017 | 87 | 41 | 84 | 65 | 71 | 29 | - | 53 | - | 38 | 28 | 47 | 54 |
| Number of homes added to the market in Sacramento, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 19 | 22 | 21 | - | - | - | - | - | - | - | - | - | 62 |
| 2023 | 9 | 9 | 14 | 16 | 14 | 12 | 13 | 12 | 21 | 12 | 9 | 6 | 147 |
| 2022 | 10 | 11 | 8 | 13 | 20 | 14 | 8 | 13 | 8 | 11 | 12 | 7 | 135 |
| 2021 | 5 | 6 | 13 | 14 | 16 | 8 | 6 | 12 | 7 | 7 | 12 | 7 | 113 |
| 2020 | 2 | 28 | 4 | 3 | 6 | 3 | 7 | 4 | 3 | 5 | 5 | 4 | 74 |
| 2019 | 4 | 5 | 3 | 8 | 6 | 4 | 6 | 1 | 7 | 1 | 3 | 3 | 51 |
| 2018 | 4 | 3 | 5 | 18 | 1 | 6 | 6 | 5 | 4 | 6 | 2 | 3 | 63 |
| 2017 | 8 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 6 | 2 | 38 |