Sacramento Real Estate Update
Home Prices keep going up! The average single family home in Sacramento has now reached 600k, home prices continue their upward trend. Even with the higher interest rates, prices keep increasing.
I hear people all of the time talking about saving up for a bigger down payment. December 2023 had an average sold price of 563k, the average sold price has increased every month since December. Now with an average sold price of 600k, that's 37k higher than December. Is it worth waiting to save for a bigger down payment while prices keep increasing? Definitely something to think about. The smarter move may be to buy a home now and refinance when rates do get better.
If you're curious about your home's current value, I would be happy to provide a free home valuation.
I appreciate all referrals! If you know friends or family looking to buy or sell in the Greater Sacramento Area, I'm here to help.
Thinking Of Buying Or Selling?
I am happy to sit down with you and talk about it.
Let me know if there is anything I can do for you!
Call Randall 916-529-3707
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