Sacramento Metro Real Estate

Real estate data, trends, multiple offers, days on market, and momentum for Fair Oaks 95628 through March 2024.

Candy Land is my proprietary depiction of the real estate sales process

Candy Land is my proprietary depiction of the real estate sales process.

Real estate data, trends, multiple offers, days on market, and momentum for Sacramento County through March 2024. March 2024 was a sellers market in Sacramento County. ► Months of inventory was 1.4, which is 66.4% higher than last year. ► The number of [NEW] listings = 1,235, +34% MoM, +30% YoY. Which is 71% of its [10yr Mar Avg] of 1,743. Last high was 2,558 in May 2018. Last low was 517 in Dec 2023. ► The number of [PENDED] listings = 967, +27% MoM, +4% YoY. Which is 70% of its [10yr Mar Avg] of 1,372. Last high was 1,755 in May 2017. Last low was 593 in Dec 2022. ► The number of [CANC] listings = 142, +8% MoM, -11% YoY. Which is 53% of its [10yr Mar Avg] of 266. Last high was 727 in Oct 2014. Last low was 111 in Jan 2022. ► The number of [SOLD] listings = 750, +4% MoM, -16% YoY. Which is 62% of its [10yr Mar Avg] of 1,216. Last high was 1,742 in Jun 2017. Last low was 550 in Jan 2023. ► [#Offers] = 2,426, +11% MoM, -3% YoY. Avg 3.2. Which is 72% of its [10yr Mar Avg] of 3,378. Last high was average 6.2 offers per SOLD in Apr 2021. ► The number of [ACTIVE] listings = 1,051, +20% MoM, +40% YoY. Which is 56% of its [10yr Mar Avg] of 1,863. Last high was 3,680 in Aug 2014. Last low was 753 in Mar 2023. ► [MEDIAN] = $550,000, +3% MoM, +10% YoY. Last high [MEDIAN] was $575,000 in May '22. ► [MEDIAN Þ] = 4.1, above zero, a BUY signal. Last high was 19 in Aug '21.