Fair Oaks

Market Update

September 2017 is a Seller’s market! The number of for sale listings was down 28.3% from one year earlier and down 9.9% from the previous month. The number of sold listings increased 7.5% year over year and decreased 23% month over month. The number of under contract listings was down 16.1% compared to the previous month and down 3.7% compared to the previous year. The Months of Inventory based on Closed Sales is 1.9, down 34.9% from the previous year.

The Average Sold Price per Square Footage was up 3.2% compared to the previous month and up 11.7% compared to last year. The Median Sold Price decreased by 3% from last month. The Average Sold Price also decreased by 0.6% from last month. Based on the 6 month trend, the Average Sold Price trend is “Neutral” and the Median Sold Price trend is “Depreciating”.

The Average Days on Market showed a neutral trend, an increase of 13.8% compared to the previous year. The ratio of Sold Price vs. Original List Price is 96%, was the same compared to the previous year.

Proprietary charts with momentum (Þ):


5-Year Charts without momentum:

  • For Sale, Sold, Pended (95628)
  • Avg Price Per Square Foot (95628)
  • Avg CDOM, SP/OLP (95628)
  • Median, Sold, For Sale (95628)
  • Mos Inventory (95628)

About

Fair Oaks (updated indicators below) is a popular suburb of Sacramento where the hills start to grow and trees rule the dirt. In fact, oak trees are protected and “owners” fined when a tagged tree is modified – call an arborist before you prune an oak. But it’s my favorite area because of its proximity to shopping, commute, peaceful walks, and an abundance of trees – I like trees and dirt.

Call me to get insider info into any of these Listings:

 
$4,400,000 (For Sale)
Beds: 6
Baths: 7 | 3
Sq. Ft.: 12,663
Listing Office: Coldwell Banker Residential Brokerage
 
$3,250,000 (For Sale)
Beds: 4
Baths: 2
Sq. Ft.: 1,618
Listing Office: Century 21 Select Real Estate
 
$1,495,000 (For Sale)
Beds: 7
Baths: 6 | 2
Sq. Ft.: 6,000
Listing Office: Keller Williams Realty
 
$1,395,000 (For Sale)
Beds: 4
Baths: 4
Sq. Ft.: 3,403
Listing Office: Coldwell Banker Residential Brokerage
 
$1,345,000 (For Sale)
Beds: 6
Baths: 5 | 1
Sq. Ft.: 5,491
Listing Office: Lyon RE Fair Oaks
 
$1,175,000 (For Sale)
Beds: 6
Baths: 5 | 1
Sq. Ft.: 4,470
Listing Office: Better Homes and Gardens RE
 
$1,100,000 (For Sale)
Beds: 5
Baths: 4 | 1
Sq. Ft.: 5,663
Listing Office: Lyon RE Fair Oaks
 
Open House: Oct 22, 2017 1:00 PM - 4:00 PM
4808 Massey Lane, Fair Oaks, CA 95628
$995,000 - $1,075,000 (V*) (For Sale)
Beds: 5
Baths: 3
Sq. Ft.: 4,170
Listing Office: Lyon RE Fair Oaks
 
Open House: Oct 22, 2017 1:00 PM - 4:00 PM
8108 Pollard Avenue, Fair Oaks, CA 95628
$999,000 (For Sale)
Beds: 4
Baths: 3
Sq. Ft.: 2,960
Listing Office: Nick Sadek Sotheby's International Realty
 
$999,000 (For Sale)
Beds: 3
Baths: 3 | 1
Sq. Ft.: 3,513
Listing Office: Savvy Lane, Inc.
 

Any listing marked with V* next to the price means the seller is willing to entertain offers within the Listing Price range. For example, a Price of $140,000-$170,000 means the seller will entertain offers from $140,000 to $170,000.
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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.

Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. MetroList® will not knowingly accept any advertisement for real estate which is in violation of the law. Users of this site are hereby informed that, pursuant to applicable laws and regulations, all dwellings advertised in the MetroList® service are available on an equal opportunity basis.
MetroList CA data last updated at October 22, 2017 7:16 AM PT

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