Local Intelligence Brief
Sacramento Region Housing Market
Sacramento County (single-family) · Data through July 2026 · Published August 2026
What's moving nationally, what it means for Sacramento County, and the move to make — in one email.
National Headline
Mortgage Rates Climb for a Fifth Straight Week
The average 30-year mortgage rate rose to 6.69% this week — the highest level in about a year — up from 6.66% last week. The Fed held rates steady at its July 29 meeting, with three members dissenting in favor of a hike. There's no Fed meeting in August; the next decision lands September 16.
SOURCE: FREDDIE MAC PMMS & FEDERAL RESERVE, AS OF AUGUST 6, 2026
Local Implication
Sacramento Stays a Seller's Market — Supply Is Still Tight
Sacramento County is sitting at 2.3 months of inventory — still squarely a Seller's Market (under 3 months), up from 1.9 last month and up 4.4% from a year ago. Buyers are competing over a thin shelf of listings while financing costs stay elevated.
SOURCE: METROLIST MLS TRENDVISION, JULY 2026
Smart Move
Negotiate the Rate, Not Just the Price
FOR BUYERS
With rates elevated, sellers are more open to a rate buydown or lender credit than the list price alone suggests. Ask for it before assuming you have to wait rates out.
FOR SELLERS
Homes are still moving in ~29 days at a strong sale-to-list ratio — but only with accurate pricing from day one as inventory continues to climb.
SOURCE: METROLIST MLS TRENDVISION, JULY 2026 & FREDDIE MAC PMMS, AUGUST 6, 2026
Market Snapshot: Sacramento County, single-family homes, July 2026.
$528,000
Median Sold Price ▼
Down slightly from $530,000 last month; avg. sold price $588,000, up 1.2% YoY.
$344/sq ft
Avg. Sold Price/Sq Ft ▼
Down 1.1% MoM, down 0.3% YoY.
29 Days
Avg. Continuous DOM ▼
Down from 31 last month, down 6.5% YoY.
1,040 Homes
Active Listings ▲
Up 3.4% MoM. New construction in Folsom Ranch and Elk Grove keeps supply climbing.
Where We Stand Today: 2.3 month — current Seller's Market under 3 months
Neutral 3–6 months
Buyer's Market 6+ months
Buying now offers a rare advantage in Sacramento. Inventory is rising just enough to give buyers more choice, while motivated sellers are pricing realistically. Mortgage rates remain steady, allowing buyers to lock in before future shifts. Neighborhood micro‑trends show strengthening demand in Midtown, East Sac, Land Park, and Natomas, meaning today’s buyers can secure homes before competition intensifies and values climb, creating strong opportunities for long‑term stability.
Leia Baraza
Helping you move in faith — with local intelligence you can trust.
eXp Realty · DRE #01500025 · 916.879.4435
LET'S TALK STRATEGY : Set up an appointment here https://calendly.com/leiainthecity/real-estate-consultation
Local Source: MetroList MLS TrendVision report, Sacramento County (single-family homes), data through July 2026, published August 2026. Mortgage rate per Freddie Mac PMMS & Federal Reserve, as of August 6, 2026. Information deemed reliable but not guaranteed by MetroList MLS.Leia Baraza, eXp Realty · DRE #01500025 · www.leiainthecity.com · Unsubscribe (or not)