Top Real Estate Agents in Sacramento, California

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Rank – City SidesFull NameCompanyLocationSidesProfile
Chris PalamidessiRE/MAX Gold – Capital West RealtyWest Sacramento, CA 54.0View Profile
Brian HohCompassSacramento, CA 45.0View Profile

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2023 Sacramento, California Housing Market Summary

Sacramento, California started 2023 with a total of 630 single-family homes on the market, with a median home price of $499,000 and an average price per square foot of $355. By the end of the year, inventory had decreased to 415 homes on the market (-34%), with a median home price of $509,950 (+2%) and an average price per square foot of $368 (+3%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 49 days.

Sacramento started the year with 48% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 35% of Sacramento homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Sacramento started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had rose to 57 – a strong seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Agent News

Navigating a new network: Lessons from Zink Capital’s US expansion 

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Expanding into a new real estate market poses challenges, from language barriers to cultural differences. Zink’s journey into the U.S. market highlights the importance of strategic planning, community building, and branding. By understanding market trends and leveraging local networks, real estate professionals can achieve long-term success in new territories.