Realist's most recent recording date for this county is 06/23/2008
Single Family Residence Time Period - Number of Sales - Median Sale Price May 2008 - 1,849 - $243,000 May 2007 - 1,376 - $358,000 Apr 2008 - 1,647 - $248,000 Apr 2007 - 1,270 - $354,250 2008 YTD - 7,797 - $253,000 2007 - 14,850 - $336,000
Condominium
Time Period - Number of Sales - Median Sale Price May 2008 - 111 - $158,000 May 2007 - 115 - $241,500 Apr 2008 - 78 - $160,000 Apr 2007 - 120 - $240,750 2008 YTD - 414 - $160,000 2007 - 1,182 - $230,000
Location Characteristics: A Brief History of Sacramento
Sacramento is the capital of the State of California and the county seat of Sacramento County. Located in California's expansive Central Valley, it is the seventh most populous city in California. It is also the core cultural and economic engine of a four-county metropolitan area exceeding 2.1 million residents (El Dorado, Placer, Sacramento and Yolo counties). The Sacramento Metropolitan Area is the largest in the Central Valley and the fourth-largest in the state. Greater Sacramento has been cited as one of the five most livable regions in America.
The oldest incorporated city in California, Sacramento's rich and vibrant history goes back to 1849 when its citizens adopted a charter. The California State Legislature officially moved to Sacramento in 1854 and at the 1879 Constitutional Convention, Sacramento was named the permanent State Capital.
With its new status and strategic location, Sacramento quickly prospered and became a city rich from gold with some help from the California Gold Rush of the 1840's. Productive mines still operate in the foothills. It also rapidly became a major distribution and transportation point as the western end for both the Pony Express and the First Transcontinental Railroad and maintains its position at the top of the rail transportation industry on the West Coast.
Affectionately known as the 'River City', two major rivers intersect in the City of Sacramento; the American and the Sacramento. Both rivers are international attractions for rafters, kayakers and boaters. Running along a 23-mile stretch of the American River is the tree-lined American River Parkway where joggers, walkers and cyclists can enjoy one of the regions' many natural attractions.
The Sacramento River provides a deep-water port connected to the San Francisco Bay via a 43-mile channel allowing both international shipping and casual day trips to the Bay Area. The paddlewheel steamboat, Delta King, is just one of the many Gold Rush era treasures you'll find in Old Sacramento.
The city's economy is broadly based although government is by far the largest employer with 25% of California's 471,000 government employees. Transportation is a large sector along with information technology, leisure and hospitality, professional and business services, higher education, health services and research, and construction.
About Marty Hackworth:
My goal is to provide my clients with the knowledge needed to be successful in their real estate transactions.
Before becoming a realtor I enjoyed success buying and selling real estate through an agent. Although I enjoyed the results when the transactions closed, I did not enjoy the process of buying and selling. I was always confused about the process and the "terms" agents assumed I understood. Tired of being confused, I educated myself and set out to educate others in my same position.
I still buy and sell real estate today; after all, it's what got me into this business in the first place. The difference is, now I understand the "in and outs" and the process behind buying and selling. Knowing these components and educating yourself on the market you interested in can provide better results as well as less stressful transactions.
It's my goal to help you understand the process as well as the market so you to can enjoy your success in real estate.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
