South Land Park and Greenhaven, Sacramento Real Estate Market
The area known in the MLS as “South Land Park / Greenhaven” (here it is, roughly, on Google) includes that bulb of land known as the “Pocket Area” after Pocket Road, which runs in parallel to the Sacramento River. By zip code, it’s 95831 to the west by the river, and 95822 near Sacramento Executive Airport and Bing Maloney Golf Course.
You know, that reminds me, I really need to revise my community pages, because that sort of good geographical dope belongs there.
Meantime, on to the numbers.
The average home in South Land Park / Greenhaven listed for $404,726 in November, and sold for $398,895, or 98.6% of list. The median sale price was $350,500. Appreciation from last November was modest, at only seven per-cent appreciation on a cost-per-square-foot basis.
Some sixty-eight units sold last month, down only slightly from last November’s total of 78 units. Days on market are up from 24 to 42, and the ratio of expired homes to sold homes has increased substantially (as it has elsewhere in our area), from 10.3% last year (8 expireds to 78 solds) to 47.1% this year (32 expireds versus 68 solds).
