Hey Sacramento! Kick off the New Year with the latest insights into our dynamic real estate market.
Wondering what's in store for Sacramento's real estate in 2024? I've got the scoop straight from the trenches.
In December 2023, the average sold price hit $590,000, up 7.1% from the previous year.
But, there's more to the story!
Homes Sold: 1926 (Down 14% from 2022) Inventory: Down 20% from last year, but up 17% from last month Sold Price vs. Original List Price: 96% (Up 3.2% from 2022)
What does this mean for you? Sacramento is still a seller's market! Sellers enjoy less competition and strong pricing, while buyers face competitive conditions with opportunities and deals.
Tips: Sellers: Declutter, do repairs, and market your property right. Buyers: Work with an experienced agent and explore all resources.
2024 is your year for real estate success! Let's make it happen together.
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