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Sacramento County Housing Market Summary April 2022

Sacramento County Housing Market Summary April 2022

Discover what's trending with this Sacramento County Housing Market for April 2022. This report is provided to you by Team Lund Real Estate. We're happy to be your go-to source for how many listings are hitting the market, how long houses are staying on the market before selling, and what the median home values were in Sacramento last month!

Sacramento County Housing Market Trends April 2022 April 2022 is a Seller's market! The number of for-sale listings was up 43.4% from one year earlier and up 37.2% from the previous month. The number of sold listings decreased 9.8% year over year and decreased 0.4% month over month. The number of under contract listings was down 3.8% compared to previous month and down 9.3% compared to previous year. The Months of Inventory based on Closed Sales is 1.1, up 60.3% from the previous year. Homes For Sale in April 2022 Versus last year, the total number of properties available this month is higher by 1260 units of 43.4%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory is up 37.2% compared to the previous month.

Number of homes on the market April 2022 Sacramento Real Estate

A comparatively lower Month of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.

Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory


Months of inventory based on closed sales Sacramento Home selling market

Homes Closed in April 2022 The April 2022 Months of Inventory based on Closed Sales of 1.1 was increased by 60.3% compared to last year and up 39.2% compared to last month. April 2022 is Seller's market. Homes Placed under Contract in April 2022 The April 2022 Months of Inventory based on Pended Sales of 1 was increased by 62.9% compared to last year and up 42.6% compared to last month. April 2022 is Seller's market.


Average Days on the Market Graph for Sacramento Market April 2022

The Days on Market Shows Neutral Trend* The Average For Sale Price is Neutral* The Average For Sale Price in April was $816,000, up 3.9% from $785,000 in April of 2021 and down 0.5% from $820,000 last month. The Average Sold Price is Appreciating* The Average Sold Price in April was $653,000, up 12.8% from $579,000 in April of 2021 and up 2.4% from $638,000 last month. The Median Sold Price is Appreciating The Median Sold Price in April was $574,000, up 13.7% from $505,000 in April of 2021 and up 2.5% from $560,000 last month. What does all of this mean for you? At Team Lund, we understand that buying or selling your home can be one of the biggest decisions you make. We want to provide you with the best, most relevant information to assist you in your journey. Reach out to us with any questions and we will guide you through every step and help you sell or buy a home that meets your needs while being competitive in today’s market. If you want trends for Placer County or El Dorado County or your specific zipcode or city, we'd be happy to send them to you. Just let us know!

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