Wednesday, February 28, 2024

Elk Grove Real Estate Market Update (95758)

In the heart of California's vibrant landscape lies Elk Grove, a city bustling with life and opportunity. Within its confines, the 95758 zip code stands as a testament to the enduring spirit of progress and prosperity.

As the sun sets on another month in Elk Grove, the real estate market in 95758 shines brightly with promising figures. With 21 total sales recorded in the past month, the community has witnessed a steady stream of transactions, reflecting a robust demand for homes in the area. Among these sales, the median price stands tall at $600,000, a testament to the value placed on the homes within this thriving enclave.

Yet, amidst the flurry of activity, the market remains balanced, with 73 active homes awaiting eager buyers. Each property tells a story of its own, from cozy bungalows nestled in quiet cul-de-sacs to sprawling estates adorned with manicured lawns and swaying palm trees.

One cannot overlook the remarkable appreciation in property values, as evidenced by the $344 per square foot at which homes are selling. With the average home boasting 1,833 square feet of living space, buyers are drawn to the allure of spacious interiors and modern amenities. This marks an 8% increase from the previous month's median sales price, reflecting a dynamic market responding to the evolving needs and aspirations of its residents.

Looking back, the resilience of Elk Grove's 95758 zip code is truly remarkable. Just a month ago, the community saw 19 total sales, already signaling a promising trajectory. And compared to this time last year, when homes were priced at around $540,000, the year-over-year increase of 11% speaks volumes about the enduring appeal of this vibrant locale.


Behind these statistics lies a trend of growth, opportunity, and community. From young families seeking their first home to seasoned investors eyeing lucrative opportunities, Elk Grove's 95758 zip code welcomes all with open arms.

As the days unfold and the seasons change, one thing remains constant—the unwavering spirit of Elk Grove, embodied by the resilient community thriving within the bounds of the 95758 zip code. In every transaction, in every square foot of living space, lies the promise of a brighter tomorrow—a testament to the enduring legacy of this dynamic city.


In the heart of California's vibrant landscape lies Elk Grove, a city bustling with life and opportunity. Within its confines, the 95758 zip code stands as a testament to the enduring spirit of progress and prosperity.

As the sun sets on another month in Elk Grove, the real estate market in 95758 shines brightly with promising figures. With 21 total sales recorded in the past month, the community has witnessed a steady stream of transactions, reflecting a robust demand for homes in the area. Among these sales, the median price stands tall at $600,000, a testament to the value placed on the homes within this thriving enclave.

Yet, amidst the flurry of activity, the market remains balanced, with 73 active homes awaiting eager buyers. Each property tells a story of its own, from cozy bungalows nestled in quiet cul-de-sacs to sprawling estates adorned with manicured lawns and swaying palm trees.

One cannot overlook the remarkable appreciation in property values, as evidenced by the $344 per square foot at which homes are selling. With the average home boasting 1,833 square feet of living space, buyers are drawn to the allure of spacious interiors and modern amenities. This marks an 8% increase from the previous month's median sales price, reflecting a dynamic market responding to the evolving needs and aspirations of its residents.

Looking back, the resilience of Elk Grove's 95758 zip code is truly remarkable. Just a month ago, the community saw 19 total sales, already signaling a promising trajectory. And compared to this time last year, when homes were priced at around $540,000, the year-over-year increase of 11% speaks volumes about the enduring appeal of this vibrant locale.


Behind these statistics lies a narrative of growth, opportunity, and community. From young families seeking their first home to seasoned investors eyeing lucrative opportunities, Elk Grove's 95758 zip code welcomes all with open arms.

As the days unfold and the seasons change, one thing remains constant—the unwavering spirit of Elk Grove, embodied by the resilient community thriving within the bounds of the 95758 zip code. In every transaction, in every square foot of living space, lies the promise of a brighter tomorrow—a testament to the enduring legacy of this dynamic city.


Contact me today if your looking to view properties in this thriving community,


Tavon Willis,

Realtor

DRE:02095751


Elk Grove Real Estate Market and Upcoming Events!

We're excited to share the latest real estate update for Elk Grove, specifically (95757) area. Here's a snapshot of the key highlights from last month:

  • Total sales: 23
  • Median sales price: $765,000
  • Active homes currently available: 73
  • Average selling price per square foot: $301
  • Average size of homes sold: approximately 2,525 square feet

Notably, there has been an impressive 11% increase in the median sales price compared to the previous month, which stood at $685,000. This indicates a thriving real estate market in our area.


Notable Community events this week


  • February 28 - City Council Meeting (6 p.m.): Join us for the Elk Grove City Council Meeting, where important matters concerning our community will be discussed. Your participation and input are valuable to us.
  • February 29 - Coffee with a Cop (7:30 a.m.): Start your leap year day off right by joining us for a cup of coffee and casual conversation with our local law enforcement officers. This is a great opportunity to connect with those who serve and protect our community.
  • March 2 - First Saturday Art Reception (4 p.m.): Explore the vibrant arts scene in Elk Grove at the First Saturday Art Reception. Join us for an evening of creativity and appreciation for local artists' works.
  • March 3-6 - Tire Collection Event at the Special Waste Collection Center: Dispose of your old tires responsibly at the Tire Collection Event held at the Special Waste Collection Center. Let's work together to keep our environment clean and safe.
  • March 6 - Food Truck Mania (5 p.m.): Indulge in delicious food and enjoy the company of friends and family at Food Truck Mania. With a variety of culinary delights on offer, there's something for everyone to enjoy.


If you have any questions or would like more information, feel free to reach out. Stay tuned for more updates, and thank you for being a part of our community.

DRE#02095751