Market Leaders Profile: Sacramento

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Data and information on the Sacramento remodeling market

October 01, 2009

Population: 2,109,832 (17.4 percent increase since 2000)

Existing home sales: Q2 2009 sales were up 4 percent from 2008 and up 7.1 percent from Q1

Home prices: Down 11.03 percent from 2008; down 11.63 percent over last 5 years

Homeownership rate: 65.8 percent (No. 46 among major metros)

Median household income: $58,480

Local unemployment rate: 11.8 percent (up from 7.2 percent in 2008)

Sources: FHFA House Price Index, Sacramento Association of Realtors, U.S. Bureau of Labor Statistics, U.S. Census Bureau 


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