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26 Jun

Sacramento Real Estate Market – Arden / Arcade 95825

Posted June 26th, 2007 | View Comments

Sacramento’s Arden Arcade (95825) (or “Arden / Arcade Creek”, if you prefer) includes some of my favorite areas, including the condos along La Riviera drive, which in my opinion are well priced and have excellent access to highway 50, downtown, and Sac State.

95825 is one of five zip codes that Metrolist describes as “Arden / Arcade Creek”, along with 95815, 95864, 95841, and 95821.  Needless to say, that’s one pretty big “neighborhood”, one which varies considerably in price and amenities.

This May, the average home sold in Arden Arcade for $317,413, on the face of it only a one tenth of one per cent drop from last year’s average sale price of $317,887.  Similarly, the median price did not change much, only 2.7%, from $318,500 last May to $310,00 this May.

Under the surface, however, things changed a bit more dramatically, as this year’s buyer purchased an 11.6% larger home (average square feet of 1453 this year compared to 1302 square feet last year).  So on a sold price per square foot basis, prices fell some 10.5%, from $244.15 on average last May, to $218.45 per square foot on average this May.

The expired to sold ratio is up from last year, but is moderate at 47.8%.  We have approximately eight months of inventory in Arden Arcade.  The percentage of short sales and foreclosures that we have in inventory in Arden / Arcade (15.5%) is moderate compared to Sacramento County as a whole (26%).

For more information about Arden Arcade, or any of the zip codes in Sacramento County, check out our index of Sacramento Neighborhoods by Zip Code.  To be honest, this isn’t the friendliest user interface I ever created, but if you follow the links you’ll find lots of useful information including:

  • Average pricing
  • Maps of the zip codes
  • Maps of listings for sale and recently sold for several individual neighborhoods.  (Our neighborhood or “subdivision” database is not complete, so if there’s something you want to be included, let us know and we’ll try to add it).

Enjoy!

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