Sacramento Metro Real Estate
Major Zip Codes
Intro
Using raw and monthly MLS data from these zip codes for New, Active, Pended, and Sold listings, the average Cumulative Days on Market, and the average Median Price. The data for the Composite Average is for the 52 zip codes, not the 3 Counties.
Many of these areas / zip codes are charted on my website. The rest are charted only for the Median Price, EMA, and Momentum. The table that shows most data for all zips is shown here.
Median Price
The ‘Median’ Price means half of Sold prices were lower and half were higher. The other popular measurement is the ‘Average’ Price. Using the ‘Median’ eliminates the effect of outliers on a meaningful measurement.
The Momentum and the 12-month moving average (12MM), both based on the Median Price, help predict future changes and indicates possible investment actions.
Momentum detects changes in the rate of change from month to month and therefore moves before the Price change is evident. The monthly Price change pulls and pushes on the Moving Average of the Price. For highly variable prices (e.g., Loomis 95650), Momentum and the MA of the Price is more difficult to translate.
12MMA
Momentum
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