Sacramento Home Inventory by Price Range
For years now I’ve told buyers and sellers that more expensive homes take longer to sell, so one should expect longer days on market. One might also expect that homes in higher price ranges might have suffered more than others in the recent market slowdown.
February’s numbers support this for most of the higher price ranges, though at the bottom of the range there’s not much difference between 0 to $250,000 and $250,000 to $500,000. (I suspect we could get more information by breaking down the latter category further, but I haven’t done so yet — a man’s gotta leave himself a follow-on post, after all).
Anyway, here are the numbers for February, with inventory figures quoted as of today. This is for the combined inventory and sales of Sacramento, El Dorado, and Placer Counties.
| Price | Days on Market (Feb) |
Sold (Feb) | Available Now | Inventory (Months) |
| Under $250,000 | 54 | 114 | 707 | 6.2 |
| $250,000-500,000 | 53 | 979 | 6407 | 6.5 |
| $500,000-750,000 | 60 | 256 | 2387 | 9.3 |
| $750,000-$1,000,000 | 72 | 57 | 697 | 12.2 |
| Over $1,000,000 | 107 | 20 | 539 | 27.0 |
