September 2020 - Sacramento Metro
Real Estate Market Update
Average Median Price for the 3 counties and 52 zip codes tracked in my system is shown. It took 4 years to ascend to the high in Aug ‘06, unlike the 8+ year ascent now which started in Sep ‘12.
This chart shows how a trader, using the Average Median Price momentum, could have made a healthy ROI.
The momentum has shown a flat and healthy appreciation only slightly approaching zero and staying in the “Buy” phase even though a Seller’s market. Momentum is positive = “Buy”.
