Market Summaries
My system tracks 3 counties (Sacramento, El Dorado, Placer) and 52 zip codes. The zip code data is combined to calculate averages and derivatives (e.g., Momentum, Indexes).
Composite Averages
Composite Averages (May 2025) –
- Market Activity Index = 46 (above 29, a SELLERS market).
- Months of Inventory = 2.5 (less than 4, a SELLERS market).
- Housing Affordability Index = 65% (there’s a 65% chance the average buyer can afford a home at the Median Price).
- Lean Score = 1.6 (above zero, leaning toward SELLERS).
- New Listing Index = -2.0%.
- Pending Home Sale Index = 0.0%.
- Sold Index = -3.6%.
- Inventory Index = +13.3%.
- New Listing Appetite = 63% (6 of 10 NEW listings went PENDED this month).
- Active Listing Turnover = 40% (4 of 10 ACTIVE listings SOLD this month).
- Median Sold Price = $598,000, +1.2% MoM, +0.5% YoY. Last high [MEDIAN] was $627,000 in May 2022.
- Median Price Momentum = 1.2 (above zero, a BUY signal).
Sacramento County
Sacramento County (May 2025) –
- Market Activity Index = 36 (above 29, a SELLERS market).
- Months of Inventory = 2.4 (less than 4, a SELLERS market).
- Housing Affordability Index = 63% (there’s a 63% chance the average buyer can afford a home at the Median Price).
- Lean Score = 1.4 (above zero, leaning toward SELLERS).
- New Listing Index = +0.6%.
- Pending Home Sale Index = +5.3%.
- Sold Index = -8.0%.
- Inventory Index = +14.4%.
- New Listing Appetite = 63% (6 of 10 NEW listings went PENDED this month).
- Active Listing Turnover = 41% (4 of 10 ACTIVE listings SOLD this month).
- Median Sold Price = $555,000, +0.9% MoM, -0.7% YoY. Last high was $575,000 in May ’22.
- Median Price Momentum = 2.3 (above zero, a BUY signal).
El Dorado County
El Dorado County (May 2025) –
- Market Activity Index = 51 (above 29, a SELLERS market).
- Months of Inventory = 3.6 (less than 4, a SELLERS market).
- Housing Affordability Index = 60% (there’s a 60% chance the average buyer can afford a home at the Median Price).
- Lean Score = 0.9 (above zero, leaning toward SELLERS).
- New Listing Index = +5.2%.
- Pending Home Sale Index = +2.5%.
- Sold Index = +13.2%.
- Inventory Index = +16.5%.
- New Listing Appetite = 50% (5 of 10 NEW listings went PENDED this month).
- Active Listing Turnover = 27% (3 of 10 ACTIVE listings SOLD this month).
- Median Sold Price = $700,000, +3.4% MoM, +0.1% YoY. Last high was $758,000 in Apr ’24.
- Median Price Momentum = 0.3 (above zero, a BUY signal).
Placer County
Placer County (May 2025) –
- Market Activity Index = 39 (above 29, a SELLERS market).
- Months of Inventory = 2.8 (less than 4, a SELLERS market).
- Housing Affordability Index = 67% (there’s a 67% chance the average buyer can afford a home at the Median Price).
- Lean Score = -0.2 (below zero, leaning toward BUYERS).
- New Listing Index = -1.3%.
- Pending Home Sale Index = -8.8%.
- Sold Index = +2.2%.
- Inventory Index = +16.9%.
- New Listing Appetite = 57% (6 of 10 NEW listings went PENDED this month).
- Active Listing Turnover = 35% (4 of 10 ACTIVE listings SOLD this month).
- Median Sold Price = $675,000, +2.0% MoM, 0.0% YoY. Last high was $738,000 in May ’22.
- Median Price Momentum = 0.2 (above zero, a BUY signal).
Jay Emerson, Broker Masters Club – Outstanding Life Member – DRE#1788488 |