🌟 Greater Sacramento Housing Market Trends – Spring 2025 Outlook
The Sacramento real estate market is showing renewed momentum as we move into the heart of spring. After a slower start to the year, market conditions are improving thanks to a rise in inventory, increased buyer activity, and stabilized mortgage rates. Here are the key highlights from the March 2025 market update:
🔑 Market Inventory & New Listings
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3,217 homes were active and available as of March 31 – a 46% increase year-over-year.
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New listings in March rose 14% compared to the same time last year.
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More homeowners are entering the market, especially move-up sellers.
📈 Buyer Activity & Market Momentum
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New open escrows were up 5% in Q1 2025 vs. Q1 2024.
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March open escrows increased 10% year-over-year and 31% over February.
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These trends signal growing buyer confidence and stronger spring momentum.
💵 Sales & Pricing
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Average sales price in March: $695,000
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Up 4% year-over-year
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Up 6% from February
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Homes sold for an average of 98% of list price, with a 40-day average time on market.
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March saw 3,792 homes close in Q1—slightly up from last year (less than 2%).
🏡 Market Outlook
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2 months of supply on hand – still below the 3-4 months considered a balanced market.
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Buyers and sellers are more willing to transact, despite mortgage rate uncertainty.
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Properly priced, move-in ready homes are selling well.
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Lower rates later in the year could boost end-of-year sales.
💬 Final Thoughts
According to Pat Shea, President of Windermere Signature Properties:
“There is no time like the present to pursue your goals and dreams.”
With improved listing activity and steady buyer demand, Sacramento is poised for a stronger 2025. If you’ve been waiting for the right time to make a move, this spring may be your opportunity.
