Sacramento County Market Update - 95608 Carmichael, CA

Buyers clearly prefer single family residences over condos and halfplexes although the latter might be more affordable. Sales in Carmichael over 2006 and 2007 clearly point to this.

Last year, there were 469 single family residences sold in Carmichael for a median price of $414,900 and only 81 condos and halfplexes sold for a median price of $255,000.

This year, so far 259 homes have sold for a median price of $381,000 and 37 more are pending sale (sellers have accepted offers from buyers, but we won't know the final price yet) for a median asking price of $419,000. Condos in Carmichael have taken a larger hit with only 58 sold for a median of $218,750 and 9 pending sale for a median price of $182,900.

If you're looking for a home in the 95608 zip code, there are still 288 single family residences for sale between $209,900 and $2,500,000. There are also 47 condos and halfplexes between $162,500 and $589,000.