Carmichael

Market Update

September 2017 is a Seller’s market! The number of for sale listings was down 15.6% from one year earlier and down 12.2% from the previous month. The number of sold listings increased 1.6% year over year and decreased 1.6% month over month. The number of under contract listings was up 5.8% compared to the previous month and up 40.4% compared to the previous year. The Months of Inventory based on Closed Sales is 2.1, down 16.1% from the previous year.

The Average Sold Price per Square Footage was up 2.6% compared to the previous month and up 12.3% compared to last year. The Median Sold Price increased by 3.9% from last month. The Average Sold Price also increased by 8.1% from last month. Based on the 6 month trend, the Average Sold Price trend is “Appreciating” and the Median Sold Price trend is “Appreciating”.

The Average Days on Market showed a neutral trend, a decrease of 8.6% compared to the previous year. The ratio of Sold Price vs. Original List Price is 96%, a decrease of 1% compared to the previous year.

Proprietary charts with momentum (Þ):

About

Carmichael has some popular areas and lofty prices. There are also older areas and clusters of investment properties (duplexes). Carmichael consists of about 16k households. Homes which are closer to the river and parks get higher prices. Make sure you remember that all zip codes have good, bad and ugly.


5-Year Charts:


Listings (Call me first):

 
$3,495,000 (For Sale)
Beds: 5
Baths: 4 | 1
Sq. Ft.: 6,492
Listing Office: RE/MAX Gold Sierra Oaks
 
$2,350,000 (For Sale)
Beds: 5
Baths: 4 | 2
Sq. Ft.: 6,972
Listing Office: RE/MAX Gold Sierra Oaks
 
$2,345,000 (For Sale)
Beds: 4
Baths: 4 | 2
Sq. Ft.: 5,880
Listing Office: Navigate Realty
 
$2,250,000 (For Sale)
Beds: 4
Baths: 2 | 1
Sq. Ft.: 3,006
Listing Office: Nick Sadek Sotheby's International Realty
 
$2,189,000 (For Sale)
Beds: 5
Baths: 4 | 2
Sq. Ft.: 5,644
Listing Office: Navigate Realty
 
$1,849,000 (For Sale)
Beds: 5
Baths: 5 | 1
Sq. Ft.: 5,579
Listing Office: Lyon RE Sierra Oaks
 
$1,825,000 (For Sale)
Beds: 10
Baths: 7 | 2
Sq. Ft.: 8,055
Listing Office: Coldwell Banker Residential Brokerage
 
$1,599,000 (For Sale)
Beds: 8
Baths: 7
Sq. Ft.: 9,200
Listing Office: Intero Real Estate Services
 
$1,499,900 (For Sale)
Beds: 5
Baths: 3 | 1
Sq. Ft.: 3,892
Listing Office: Coldwell Banker Residential Brokerage
 
Open House: Oct 22, 2017 2:00 PM - 5:00 PM
6809 Stanley Avenue, Carmichael, CA 95608
$1,499,000 (For Sale)
Beds: 5
Baths: 4
Sq. Ft.: 4,506
Listing Office: Nick Sadek Sotheby's International Realty
 
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All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information.

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MetroList CA data last updated at October 22, 2017 7:16 AM PT

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