Spring 2025 Sacramento Market Snapshot

Photo by Joel Durkee on Unsplash

As of mid-March, the median list price for Sacramento, CA is $525,000. The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in a seller’s market. We’re definitely seeing some seasonality, but it’s far from hot.

Ryan Lundquist of Sacramento Appraisal Blog illustrates that we’re seeing more supply, slightly more sales from January, it’s taking less time to sell, and prices ticked up higher — at least a little. The softness he attributes to coming into the year with higher rates, and of course a sense of economic (and I would say political) uncertainty and customer confidence.

March is typically the month that sees the greatest uptick in listings, historically 31% on average, so we may yet see some opening up of the market. And while it’s still not up to a normal market, we are seeing incremental growth year over year since the nadir of listings during the pandemic.

For a deeper dive, read his blog post on the current market.

At the high level, here are some charts that further illustrate trends in the Sacramento market.